Financial Statements
Transparency, Integrity & Accuracy
As one of the specialized accounting firms, we understand the need for transparency, integrity, and accuracy in financial reporting. We provide a wide range of assurance services, including audits, reviews, compilations, financial statement preparation services, forecasts and projections, and agreed-upon procedures.
We provide the highest and most responsive level of service while never compromising our objectivity. We develop a thorough understanding of our clients' businesses, enabling us to offer unique solutions for their individual needs.
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What is the difference between an audit, review, and compilation?
The key difference between an audit, review, and compilation is the level of assurance it provides.
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An audit provides the highest level of assurance that the financial statements are free from material misstatement and are fairly presented in accordance with the applicable financial reporting framework.
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A review provides limited assurance, based on primarily analytical procedures and management inquiries that no material modifications to the financial statements are required.
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A compilation provides no level of assurance because the financial report is based on the representations made by management and not verified by the accountant.
GAAP ACCOUNTING STANDARDS: