Shareholders, banks and private investors often require financial statements to provide some form of assurance that their financial statements accurately reflect the true financial position of a company.
There are three types of financial statements: Audit, Review & Compilation.
Each type of financial statement report may suit specific circumstances, depending on requirements from your bank or other parties, as well as meet budgetary needs.
Understanding each report’s unique strengths and weaknesses can help you choose the most appropriate one. Please call if you have questions about which type of report is right for you.