Limited assurance. Lender-accepted. Cost-effective.
A review engagement provides limited assurance that no material modifications are needed to your financial statements. It's the level of CPA assurance most commonly required by banks, SBA lenders, and investors—and it costs significantly less than an audit.
Under SSARS standards, we perform analytical procedures (trend analysis, ratio analysis, and comparisons to prior periods) and make inquiries of management. We look for significant fluctuations or relationships that suggest material misstatement, then issue a review report with limited assurance.
A compilation has no assurance. A review has limited assurance (the most common lender requirement). An audit provides reasonable (highest) assurance. We help you determine the right level for your situation and budget.
We agree on scope, materiality, and deliverable timeline.
We compare current period to prior periods, budget, and industry benchmarks.
We ask key questions about significant transactions and accounting policies.
We issue the signed review report and deliver the complete financial package.
Our Financial Statement Review service is designed for clients who need expert guidance and reliable execution.
Everything you need to know about our Financial Statement Review service.
We'll coordinate with your lender to ensure the report meets their exact specifications.
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