Compilation & Review File

Sophie Lévesque is asked to compile year-end statements for a startup that plans to circulate the package broadly to prospective investors together with promotional materials and management-prepared KPI schedules. What should she conclude before acceptance?

Revenue review includes a coaching note stating that performance obligations are still being assessed using the original contract even though a signed amendment changed the delivery schedule and pricing. Staff added the amendment to the file but left the revenue memo unchanged. What should the final reviewer require before clearing the note?

Quayside Meadow Homes Ltd.'s file index shows a section marked "final." Inside that section, the receivables conclusion memo refers to an aged listing dated February 28, 2026, while the released draft statements use a later adjusted receivables balance dated March 9, 2026. No memo explains the difference or bridges the conclusion to the later balance. What is the primary documentation defect?

During final review work on a material lawsuit accrual, management refuses permission to communicate with external counsel and withholds the latest board minutes discussing settlement. What prevents release on the facts provided?

Archived revenue support for Saint-Cyr Glass Ltd. pulls its final amount from a local desktop link, and the retained PDF version does not show the underlying support or formula trail. No static support schedule is stored elsewhere in the file. Which defect prevents the file from being defensible as assembled?