I am pleased to offer compilations, review and auditing services and often consider the above in a holistic approach along with tax planning and consulting.
Compilation
A compilation, also known as a notice to reader is a set of financial statements I can prepare for you based on the information that you provide us. Although I express no opinion on these statements – I are able to help you find constructive solutions for maximizing profitability, efficiencies and meeting you goals.
Review
Review engagements include an opinion from us as independent evaluators of the financial statements. These financial statements require a more detailed analysis and inquiries of the information that had been compiled. The benefit of a review engagement is the added level of assurance on the financial statements and may be requested by lenders, investors and management if significant decisions are being based on the financial statements.
Audit
An audited set of financial statements will consider the above and test on a sample basis the source documents for the information included in the financial statements. This will include our highest level of opinion and therefore includes a fair deal of examination. The benefit of an audited set of financial statements is the added level of assurance and may be requested by lenders and investors if significant decisions are being based on the financial statements or the number of users warrants one.