Attestation Services
Ensuring Accuracy and Compliance for Your Business
Reviews
A Review is a higher level of assurance than a compilation, providing a limited level of assurance that the financial statements are free of material misstatements. This service is ideal for businesses seeking a more in-depth look at their financials but may not require an audit. During a review, we conduct inquiries and analytical procedures to ensure that your financials present an accurate picture of your business's financial health.
Compilations
A Compilation is the most basic level of attestation service, in which we prepare financial statements based on the information provided by your business. This service is typically used by smaller businesses or those without complex financial activities. While no assurance is provided, a compilation ensures that your financials are organized and ready for internal or external use.
Both Reviews and Compilations can be performed using either Tax Basis or GAAP Basis, depending on your business’s needs:
Tax Basis: Financial statements are prepared according to tax reporting rules, which are typically used by small businesses that file on a cash or accrual basis for tax purposes.
GAAP Basis: Financial statements are prepared in accordance with Generally Accepted Accounting Principles, ensuring compliance with national standards and offering higher assurance for external stakeholders such as lenders, investors, or potential buyers.
Why Choose Our Attestation Services?
- Accuracy and Integrity: Our services ensure that your financial statements are accurate, reliable, and compliant with applicable regulations.
- Expert Guidance: We provide personalized advice to help you understand your financial statements, whether you choose a Tax or GAAP basis.
- Flexible Options: We tailor our services to meet your unique needs, offering flexibility in the level of assurance and the format of your financial reporting.