Reviews & Compilations
As a part of providing year-end or interim accounting services,I provide financial reporting on two levels of assurance:
Review:
Provides limited assurance as to the material fairness of the data appearing in full disclosure financial statements. It is generally performed due to bank loan requirements or for the purpose of providing limited assurances to potential investors.
Compilation:
Reporting that does not provide assurances as to the fairness of data underlying the financial statements. Generally,statements are prepared without informative disclosures (Notes to the financial statements) for smaller businesses,especially those who report on the tax or cash basis of accounting. In addition,a second type of compilation,which is restricted to internal management use only,is available. Internal use compilations can alleviate the need for compliance with accounting principles and pronouncements present in compiled financial statements,and as a result,reduce the cost of accounting work which would otherwise be required. No accountant's report is issued on such statements.
Bookkeeping/Write-Up:
I offer complete data entry and bookkeeping services rendered on a weekly,monthly,quarterly,or annual basis utilizing various software packages. This service is primarily for the small business which does not want or need to retain a bookkeeper employee or outside service.