In compiling financial statements for a client, we present information that is the "representation of management" and expresses no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business.
Banks often require compilations from an independent CPA as part of their lending covenants.
You took all the pressure away from me and treated my problems as your own. Your attention to detail and follow-up work was always performed at the highest level, and made me feel comfortable and confident with your abilities. Your willingness to make yourself available made it very convenient for me.
— Bill Evans, CLU, ChFC
Thinking About Hiring a CPA?
If you have a business, you should have a CPA. The same is true if you have an investment portfolio of stocks or real estate. If you fall into either of those categories, the answer to "Do I need a CPA?" is Yes! Deciding which CPA to hire is a little harder to answer. Here are some questions to help you find the CPA that is right for you....