Reviews & Compilations
Expertise in Financial Statement Compilations and Reviews
As a business owner, you are responsible to various stakeholders, including creditors, private investors, and shareholders, all of whom require assurance that your financial statements accurately reflect the true financial standing of your company.
There are two types of CPA-certified financial statements:
Compilations: The compilation is the most basic level of service. It involves the preparation of financial statements without verification of the accuracy of the figures. These statements are typically intended for internal management and third-party use.
Reviews: A review provides a higher level of service, offering "limited assurance." This involves interviewing key personnel to evaluate the company’s accounting policies, procedures, operations, and financial statements. A review report is also issued, providing greater insight into the financial position of the company.
Which Service is Right for Your Business?
Determining the appropriate service for your business depends on the level of assurance you require. A compilation may suffice for your needs this year, but a review may be more beneficial in the future as it offers more comprehensive insights, helping you make informed decisions to guide your company's growth.
We Are Here to Support Your Business’s Financial Success
Whether your business requires a compilation, a review, or both, our team of experienced CPAs, accountants, and tax professionals is ready to assist.
Unsure about which level of assurance your business needs? Contact us today to speak with our team, and we’ll guide you through the process.