Financial Statement Services

 

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.

Audits

Reviews

Compilations

The bronze, silver, and gold medalists of knowing exactly where your company stands financially.  Not sure which one you need? Let us help you figure that out.

Financial Statements

Which Report Should You Use? Each type of financial statement report may suit specific circumstances, depending on requirements from your client’s bank or other parties, as well as meet budgetary needs. Understanding each report’s unique strengths and weaknesses can help you choose the most appropriate one. Please call if you have questions about which type of report is right for […]

Find out more >

Audits

Much like a valuation can help you make a wise initial investment, audits, reviews, and compilations can help reassure you that your investment is on the right track and that the actual financial soundness of the company is reflected in the financial statements. Audit – Whether you are a public company and required to have an annual audit, are requested […]

Find out more >

Reviews

Less extensive than an audit, but more involved than a compilation, 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. If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures. A review doesn’t require us to […]

Find out more >

Compilations

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. Compilations don’t require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business. Banks often require compilations from an independent CPA as part […]

Find out more >