The accountants' compilation report should be dated as of the date of:
A)Completion of fieldwork.
B)Completion of compilation procedures.
C)Transmittal of the compilation report.
D)The latest subsequent event referred to in the notes to the financial statements.

Question

Quizplus · Accepted Answer

The accountants' compilation report should be dated as of the date of completion of compilation procedures, which is the date when the accountant has completed all necessary procedures to compile the financial statements. This is the most appropriate date to indicate that the accountant has finished their work and can take responsibility for the accuracy of the financial statements.

The Accountants' Compilation Report Should Be Dated as of the Date