In many cases, the positive assurance expressed over a client’s financial statements as a result of an audit is not necessary and is too time consuming and expensive. As a way to obtain limited assurance that there are no material modifications that need to be made to a client's financial statement for them to be in conformity with the applicable financial reporting framework, we offer review services which entail inquiry and analytical procedures.
A reviewed financial statement offers valuable information and key indicators of performance. Here are other benefits to reviewed financial statements.
Analyzing financial statements on a regular basis serves as a tool to help business owners make informed, strategic decisions.
Banks and other lending institutions often require reviewed financial statements when making decisions on whether or not they will lend money to businesses.
Timely and accurate financial statements serve as an internal financial tool as well as a necessary external one.
We offer compilation services if a financial statement is your goal and assurance is not the objective. The objective of a compilation is to present a client’s financial information in the form of a financial statement while expressing no assurance that they conform with the applicable financial reporting framework. What does all that mean? We extract your financial information from your bookkeeping records and prepare a comprehensive financial statement.
Whatever your financial statements need, we’d love to join your team!