Financial statements - there are three levels of assurance, including audits, reviews and compilations.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests. They involve inquiries and analytical procedures that confirm financial statement matters and identify items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company's management.
Knowing which is the right service is not always apparent. We work with you and your Bank, or Investors and other parties to determine which level of assurance provides the best value for your goals.