Reviews - Compilations - Agreed Upon Procedures

Proven Expertise in Compilations, Reviews and Agreed Upon Procedures

As a business owner, you may be accountable to creditors, private investors, and shareholders, all of whom are interested in ensuring that the company’s financial statements accurately represent the true financial position of the company. Or, you may be an agency servicing specific welfare of children or adults with special needs and you have to be in compliance with government agencies who have oversight.

HALL & ASSOCIATES, INC provides the following CPA-certified financial statements:

Compilations. The first level of service is the compilation. There is no verification that the numbers presented in the statements are accurate and the financial statements produced are for management’s use only.

Reviews. More involved than a compilation, but not as comprehensive as an audit, reviews provide “limited assurance.” Key personnel are interviewed about the company’s accounting policies and procedures, industry, operations, and financial statements. A review report is issued as well.

Agreed Upon Procedures. In-depth reporting that the government agencies require from some health care agencies. We work closely with key personnel to gain knowledge of internal control systems, verification and substantiation procedures.

Review or Compilation?

You may be wondering which one is best for your business. The answer depends on the level of assurance or financial accuracy that you want. For instance, you may decide a compilation is all you need this year, but in subsequent years, you may decide that a review provides better information about your financials and enables you to make better decisions about the future growth of your company. 

We Look Forward to Helping Your Business Achieve Financial Success!

Whether your business or organization needs a compilation, review -- or agreed upon procedures is required -- our experienced team of CPAs, accountants, and tax professionals is here to help.

Not sure which level of assurance your business needs? Contact us using the form below.