Srs 4410 applicable to proprietorship business??

Tax (Student) (165 Points)

14 January 2017  

A Chartered Accountant was engaged to compile (prepare) Financial Statements of a sole proprietorship business.

It wasn't an auditing engagement, it was just an compiling engagement.

SRS 4410 applicable??

ACCOUNTANT’S REPORT ON COMPILATION OF UNAUDITED FINANCIAL STATEMENTS is compulsory???