Compilation and Review

Many businesses in their early stages of growth, as well as many older privately-held businesses, do not require audited financial statements. What they may need, however, is to present their financial data to banks, creditors, and owners in a format acceptable to the financial community. In those cases, we perform a compilation or review.

A compilation involves the presentation of management's financial information in a specifically formatted financial report. A review goes one step further, in that we carefully analyze the most significant portions of management's information and make inquiries as to its appropriateness in preparing the financial statements.

For those organizations which do not need the full range of services an audit would provide, either the compilation or the review become economic ways of appropriately presenting their financial data. Assisting our clients in presenting themselves with integrity and professionalism in the financial arena is our primary priority.

As accounting professionals, we are thoroughly familiar with regulations and guidelines regarding the financial presentation of your organization. Familiarity with your company and a consistency of reporting enables us to prepare meaningful periodic financial reports.