Reviewed Financial Statements
Reviewed financial statements are required for quite a few small businesses in order to be eligible for bonds, certain types of insurance, government/municipal contracts, etc. They are also frequently requested by boards of co-ops.
Unlike an audit, which is the most detailed attestation service, reviews offer a more limited assurance that financial statements appear to be in line with Generally Accepted Accounting Principles. This means that less testing is completed, fewer verifications of transactions, etc.
Please reach out below if you need our assistance with your financial statement review.