Compilation and Review Services
Compilation and review services require a specialized skill set and the professionals at Exemplar Accounting and Tax Advisors possess that knowledge and experience. We offer our services to privately held businesses across a broad range of industries and to non-profit organizations. Whether your situation requires a review or compilation of your financial statements, we always employ the highest quality standards in the industry.
A compilation will involve presenting information, consistent with management’s representation, in the form of financial statements, without expressing any assurance on them. During a compilation engagement, we are not required to verify or corroborate the amounts included in the financial statement that is presented by the client; however, if we become aware that the information supplied is incorrect or misleading, the information must be revised or additional information must be obtained.
For a Review, we perform more procedures than is required with a compilation. We will make inquiries of the client and perform analytical procedures related to the amounts and disclosures in the financial statement. By performing inquiry and analytics, we are able to provide limited assurance that there is no material modification that should be made to the financial statement.
Compilation and Review Services
- Compilations of financial statements
- Reviews
- Due diligence
- Risk management
Exemplar Accounting and Tax Advisors offers quality control, honesty, and objectivity in all our compilation, review, and audit services. Contact our Crystal Lake, IL CPA firm now at 815-459-6720 or request a consultation online.