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A compilation provides no assurance about the fairness
of the financial statements. It involves putting
in the form of financial statements information that
is the representation of management.
This level of service is usually appropriate for
small organizations that are managed by their owners
and for which their banker is not requiring an audit
or review. It is important for owner/manager’s
to keep up with the status of their business and timely
financial statements are an important part of that process.
We provide this level of service to many business
and nonprofit organizations on a periodic basis as determined
necessary by their management. It assists them
in making everyday decisions about the management of
their business and plan for income tax implications.
Often these financial statements are prepared under
the same rules as the income tax return.
Please contact us if we
can assist you with any of your financial reporting
needs.
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