Audits - Reviews - Compilations
Financial Statement Reports Suit Specific Circumstances
Stockholders, creditors, and private investors often need assurance that the financial statements accurately represent the true financial position of a company.
Your stockholders, creditors, or private investors have different levels of risk tolerance, so we provide three levels of assurance to meet your needs.
To understand each reports unique strengths and weaknesses book a meeting with us today. We'll help you choose the most appropriate one.
Audit - Highest Level of Assurance
An audit provides the highest level of assurance and is a methodical review and objective examination of the financial statements.
Our Audit Service Allows You To:
Facilitate the payment of taxes on-time and accurately,
Comply with banking covenants,
Help deter and detect material fraud and error,
Facilitate the purchase and sale of businesses.
Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.
Review - Limited Assurance
A review engagement consists primarily of analytical procedures we apply to the financial statements and various inquiries we make of your company's management team.
This can be a good middle ground, providing the advantages of a CPA's technical expertise without the work and expense of an audit.
Compilation - Lowest Level of Assurance
In compiling financial statements for a client, we present information that is the "representation of management" and expresses no opinion or assurance on the statements.
Banks often require compilations from an independent CPA as part of their lending covenants.
Book a meeting with us today - we'll help you decide which report is right for you.