Financial Statement Audits, Reviews & Compilations

For contractors nationwide that need financial statements prepared to professional standards — whether your lender requires an audit, your surety needs a review, or your board wants a compilation. We help you choose the right level and deliver on time.

When You Need These Services

• Your bonding company requires audited or reviewed financial statements to set your bonding line.
• Your bank requires annual financial statements as a covenant of your credit agreement.
• You are preparing for a transaction and need financial statements for due diligence.
• Your board, owners, or investors want financial statements prepared by an independent CPA.
• A regulatory body or contract requires a specific level of assurance.
• You want to upgrade from internally prepared statements to CPA-prepared financials.

Our Financial Statement Services

Audits — The highest level of assurance. We obtain reasonable assurance that your financial statements are free from material misstatement through testing, confirmation, and analytical procedures. Includes an opinion on fair presentation, internal control assessment, substantive testing and confirmations, and management letter comments.

Reviews — Limited assurance through analytical procedures and management inquiries. A cost-effective option when stakeholders need some level of CPA involvement but not a full audit. Includes a limited assurance conclusion, analytical procedures, management inquiries, and a review report.

Compilations — We assist in presenting your financial statements in the proper format with a compilation report. No assurance is provided, but the CPA's involvement adds credibility. Includes proper GAAP formatting, a compilation report, no assurance expressed, and a cost-effective option.

Our Process

1. Planning — We identify and assess risk, and develop an engagement plan tailored to your business.
2. Interim — We perform early procedures, review internal controls, and provide a preparation checklist.
3. Fieldwork — We perform the engagement efficiently, keeping you informed at every step.
4. Completion & Reporting — We deliver your financial statements and report, plus recommendations for improvement.

Related Services

• Construction-Specific Audits & Reviews
• Contractor Bonding Financial Statements
• Audit Readiness & Accounting Advisory
• Audit vs. Review vs. Compilation

Schedule a consultation or call (945) 544-9247.