CPA-reviewed or CPA-prepared financial statements for lenders, owners, boards, investors, bonding companies, grantors, or internal management purposes.
Chinye & Company, CPA, PA provides review and compilation services for clients who need credible financial statements without the scope of a full audit.
A review provides limited assurance. It generally includes inquiry, analytical procedures, and financial statement review procedures designed to determine whether the CPA is aware of any material modifications that should be made to the financial statements.
A review may be appropriate when a business is growing, seeking financing, reporting to outside stakeholders, or required to provide financial statements but does not need a full audit.
A compilation presents financial information in proper financial statement form based on information provided by management. A compilation does not provide assurance, but it can be useful for small businesses, internal reporting, lender communication, and management planning.
A quick comparison of the three financial statement services.
Tell us who will rely on the financial statements, and we will recommend the right level of assurance.
