Compilation

If your company is looking to present financial information to customers, investors and supporters, but is not looking for assurance that there are no material modifications that should be made to the financial statements, a compilation is an option that the Herbein team can provide.

Procedures for compilations differ significantly from procedures for audits and reviews. A compilation involves a general understanding of your business, accounting principles and financial reporting system. Auditors express no opinion nor do they provide any assurance regarding the financial statements.

Compilations vary in scope and don’t require independence of the auditing team. To find out if your company could benefit from a compilation, we invite you to call or contact us for a free consultation.