Assurance
You need financial data you can trust. Our assurance services provide clients with financial statements that fairly and accurately state their financial condition. We actively communicate our findings and provide knowledge-based insights throughout the entire process – and our final reports go beyond just routine detail.
We provide financial reporting on two levels of assurance: compilation and review.
This is the least comprehensive option of the two. CPAs collect a company’s current financial information and organize it into financial statements and other supplemental schedules for presentation to management. No assurance is offered in this process. A CPA is not required to make inquiries or perform other procedures to corroborate or review the information supplied by management. This type of work is often prepared for privately held companies that do not require a higher level of assurance expressed by the CPA.
A review is a deeper process involving inquiry and analytical procedures that provide the CPA with a reasonable basis for expressing limited assurance that there are no material modifications that should be made for statements to conform with generally accepted accounting principles. A review is substantially less in scope than an audit.
