We can provide a wide variety of services including:
- Basic Financial Statement preparation
- Intended for business owner’s use to manage the business (similar to
what an in-house controller or CFO would provide for management in
a larger company) - May fulfill some lenders’ documentation requirements for small loans
- No formal report issued on the financial statements (Because your CPA will prepare your financial statements directly from the records you provide, the CPA will not verify the accuracy or completeness of the information and is not required to issue a formal report on the
financial statements).
- Intended for business owner’s use to manage the business (similar to
- Compilation
- Intended for use by lenders and other outside parties who may appreciate the business’s association with a CPA without requiring a level of assurance on the accuracy of financial statements
- Typically appropriate when initial or lower amounts of financing or credit are sought or significant collateral is in place
- CPA issues compilation report
- Review
- Intended to provide lenders and other outside parties with a basic level of assurance on the accuracy of financial statements
- Typically appropriate as a business grows and is seeking larger and more complex levels of financing and credit
- CPA issues review report