OTHER FINANCIAL REPORTING SERVICES

“Total commitment to meet your specific external or internal needs”

Reviews

A review is substantially less in scope than an audit, but requires additional procedures not required for a compilation. The financial statements and the disclosures and amounts must be in accordance with Generally Accepted Accounting Principles. We will make inquiries of management, analyze amounts in your financial statements, and document such procedures in our files. The review is performed in accordance with the Statements on Standards for Accounting and Review Services established by the American Institute of Certified Public Accountants. Therefore, no opinion is expressed, only limited assurance on the amounts and disclosures in the financial statements.

Compilations

Compiled financial statements may be prepared on the cash, accrual or tax basis of accounting and disclosures may be included, partially included or completely omitted, based on external requirements or management’s desires. The compilation is performed in accordance with the Statements on Standards for Accounting and Review Services established by the American Institute of Certified Public Accountants. Therefore, no opinion or other assurances are expressed about the amounts and disclosures in a compiled financial statement.

Small Business Services

We realize that not all businesses require an audit, review or compilation. However, we do realize that some companies are emerging businesses and have not budgeted the capital resources towards financial reporting. The business may not be large enough to support a full-time accounting department, and because of cost-savings and the need to produce financial statements, they elect to outsource the accounting, tax and related reporting requirements. The firm will design a program that will meet your financial and tax needs in the most cost-effective manner. The Small Business Service is capable of providing constructive tax planning, which is essential for successful business planning and maximum tax savings. Every decision in your business can have tax consequences; we recognize your tax exposure and have seasoned tax professionals that will assist reducing the impact on your bottom line.