Ready for the next
contract opportunity.
A bid or bond application can bring a reporting deadline. Share the issuer’s instructions so we can discuss the work your accounts need.
Talk through your contract requirementsReviewed financial statements.
Let’s get you moving.
A lender is waiting. A contract is on hold.
The wrong report could mean starting again.
Our CPA team helps you confirm what’s needed and get the review underway.
01
Send the request
Who needs the report, which period and when it’s due.
02
Agree the work
Confirm the scope, records, fees and timetable.
03
Move forward
Our team handles the review and reporting with you.
Discuss my reviewStart with the request. You don’t need every document ready.
The report they need.
The support you need.
For a funding application, a contract or a board meeting, we start with the requirement and work back to your accounts.
Keep your financing
moving forward.
Your bank or insurer has asked for reviewed accounts. We help establish the reporting period and engagement, so you can prepare the right financial information.
Discuss your financing requestReady for the next
A clearer picture
for your board.
Co-op and association reporting starts with the board’s request. We coordinate the engagement and records with you and your managing agent.
Discuss your board’s reporting needsA capable team.
A clear next step.
Talk to real accounting professionals about your report, your records and your deadline. We’ll establish the work with you and coordinate with your finance staff or bookkeeper as questions arise.
“Knowledgeable, professional, reliable and excellent all around.”
Detelina Marinova · Feedback featured on Dimov Tax
Read client reviews
What goes into your review.
A review provides limited assurance through inquiries and analytical procedures. The engagement is planned around the financial statements and their reporting framework.
Understanding the business
Questions about operations, accounting practices and the explanations behind significant balances or changes.
Analyzing the numbers
Relationships, trends and unexpected movements considered against the accountant’s expectations.
Following up on questions
Further discussion and procedures where the review identifies matters that need an explanation.
The accountant’s report
A written review conclusion on whether material modifications are needed for the statements to follow the applicable framework.
A review does not provide an audit opinion. Confirm with the recipient that reviewed statements will meet their requirement.
Review, audit
or compilation?
The reports serve different purposes. Start with what the person relying on your financial statements will accept.
Compilation
No assurance
Presents financial information in statement form. A compilation does not provide assurance on those statements.
Financial statement review
Limited assurance
An independent CPA uses inquiries and analytical procedures, then issues a review report. Appropriate when the recipient accepts reviewed statements.
Financial statement audit
Reasonable assurance
Includes more extensive evidence gathering and testing, with an auditor’s opinion on the financial statements.
If the request specifically says “audited,” a review is not a substitute. Send us the wording before commissioning a report.
A useful first conversation.
Without a stack of paperwork.
These details help us understand the work. We’ll discuss the supporting records and any preparation needed after the initial inquiry.
The request and deadline
Who will receive the report, what they asked for and when they need it.
The organization and reporting period
Your entity, business activity, financial year and any comparative periods requested.
Your current accounts
Recent statements, trial balance, accounting system and previous reports, if available.
The people preparing the records
Your internal finance team, bookkeeper or managing agent, plus any known gaps in the accounts.
Before you
book the work.
Will my lender accept a review?
Ask the lender directly and obtain the reporting requirement in writing. Different agreements call for different levels of assurance. Send us their instructions so we can discuss the appropriate scope.
How long will the engagement take?
Timing depends on the reporting periods, complexity, condition of the records and how quickly questions can be resolved. We discuss the timetable after understanding your request and available accounts.
What if my bookkeeping is behind?
Tell us at the start. The accounts may need preparation or corrections before the review can progress. We’ll discuss those needs and how they affect scope and timing.
What will the review cost?
We quote after understanding your organization, financial statements, reporting requirements and records. Include the request and deadline in your inquiry so the team can assess the work.
Is a review a fraud investigation?
No. A financial statement review provides limited assurance and is not designed as a dedicated fraud investigation. If you suspect fraud or need specific transactions examined, explain that separately when you contact us.
Let’s get your
review moving.
Tell us what has been requested and when you need it. Our team will help establish the engagement and next steps.
- Your organization and reporting period
- The lender, board or other recipient
- Your deadline and the state of your records
Please keep financial documents and sensitive personal details out of this initial inquiry. We can discuss how to provide records separately.
Prefer to speak with us?
(866) 681-2140
info@dimovtax.com
Having trouble with the form? Open it in a new tab.