The objective of a compilation engagement is to gather a corporation’s financial information into a set of financial statements, schedules or reports. Although no assurance is provided in compilation engagements, many small and medium size businesses prefer compilations due to considerably lower fees than those of Audits and Review engagements. Compilations assist owner managers to assess their businesses' financial position and the statements are used to report the company's earnings for tax purposes.
Our professional accountants have the expertise to piece together your financial results and provide you with a customized comprehensive set of financial statements that is easy to understand and meets your unique business needs so you can focus on the core competencies and make sound business decisions.
These reports include balance sheet, statements of income, retained earnings, and cash flow and serve many purposes such as the basis of your corporate tax return, presentation at your annual shareholder meeting, and loan acquisitions or refinancing.