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Accounting Day-San Diego
Monday, October 25, 2021


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Reviewed Financial Statements

Reviewed financial statement services are an in-depth service including looking for unusual items or trends and compares your company's financial status to other companies in the same industry. Reviews are also a major component of my practice. The review report expresses the limited assurance that no material changes are needed in the financial statements for them to be in conformity with generally accepted accounting principles (GAAP). Reviewed financial statements are more costly that compiled financial statements, yet less expensive than an audit.

As with financial statement audits, my background and experience can help you in deciding if this service is what you need, setting expectations, and helping to prepare for the review. Reviewed financial services are a service providing a high level of assurance without the cost and time consuming steps needed in an audit. This is currently my most requested service.

As with audit services my focus is on small businesses and not-for-profit organizations, including churches and private foundations.