Many private companies have a need for financial statements, yet may not need an audit. As a member of the AICPA Private Company Practice Section, our firm provides alternative levels of financial statement assurance that may be more cost effective to our clients.
Reviews may be a cost-effective way to meet the requirements of third-parties. In conducting a Review, we follow procedures of the American Institute of Certified Public Accountants which are more time efficient compared with audits conducted in accordance with generally accepted auditing standards.
Compilations involve assembling data from company records and presenting it in an appropriate financial statement format. Through compilation services, we are able to prepare monthly, quarterly or annual financial statements for our clients.