A compilation is merely a financial statement presentation of information that is furnished by management. No audit procedures or review procedures are performed on the information.
In addition to the traditional audits, reviews, and compilations, we provide the following services:
Agreed Upon Procedures:
In these engagements, the client and the auditors agree upon certain procedures to test specific areas of concern to the client or to other users of the report. The client and report users agree on the adequacy of the procedures to be performed. Our report generally takes the form of: “We performed these agreed-upon procedures”. The results of the performance of these procedures are then reported. We may also make recommendations or suggestions, if outlined in the agreed-upon procedures.
Forecasts and Projections:
Whether you are looking for a more effective budget or trying to raise financing, our professionals will guide you through the process. We have people with industry experience who are intimately familiar with budgets and forecasts. We gain an in-depth knowledge of your business to aid you in developing sound financial assumptions based upon your operations.
Due Diligence Procedures:
Whether you are looking to acquire a new business or selling your own, we can provide you with sound guidance on the due diligence process. We can tailor our engagement to provide a high level overview, or dig deep into the details of a target company. As part of the process, we look not only at the financial systems themselves, but the quality of the operations to ensure that you understand the potential issues for the future.