A compilation engagement is an audit of the system of internal control, whereby an auditor expresses an opinion on the system of internal control when an accounting firm assists management in the presentation of financial statements but does not audit, review, nor provide assurance as to whether the financial statements are presented fairly. when an audit firm assists management in the presentation of financial statements and attempts to provide assurance as to whether the financial statements are presented fairly an audit of the financial statements, whereby an auditor expresses an opinion on the financial statements Attempts: 0 of 1 used Submit Answer Save for Later