Financial Statement Compilation Services
Professionally prepared financial statements without assurance
A financial statement compilation provides organizations with professionally prepared financial statements based on information supplied by management, without the assurance procedures required in a review or audit.
Strata CPAs provides financial statement compilation services to organizations across the United States with an emphasis on accuracy, efficiency, and clear communication throughout the engagement.
What Is a Financial Statement Compilation?
In a compilation engagement, we assist management in preparing financial statements in accordance with the applicable financial reporting framework. We do not perform audit or review procedures and do not assure the financial statements.
Compilations are commonly used by organizations that need financial statements for:
Internal management use
Certain lenders or stakeholders
Organizational planning or reporting
Cost-effective financial reporting needs
We work closely with management to ensure the compilation process is organized, transparent, and completed efficiently.
Audit vs. Review vs. Compilation
Not every organization requires a full audit. Depending on your circumstances, a review or compilation may be sufficient.
Reviewed financial statements are often requested by lenders or others who want limited assurance regarding an organization's accounting.
In a compilation engagement, we assist you in preparing financial statements, but don't perform review or audit procedures.
We provide audited financial statements to meet the needs of grant writers, accreditation bodies, and others who want confidence in your financials.
Clients We Serve Through Compilation Engagments
Each organization has different reporting needs, and our team tailors compilation services accordingly. We provide financial statement compilation services to a variety of organizations, including:
Where we work.
Tucson, AZ
Our physical office and most of our team are located in beautiful, sunny Tucson, Arizona. Many of our clients are in the Southern Arizona area and collaborate with us in person
United States
We have clients all over the country working with us on everything from individual taxes to complex audits. Our team members work from Arizona, South Carolina, and Washington State.
Ready to start a conversation?
If you’re looking for a CPA firm that combines technical expertise with a more personal, responsive approach, we’d be glad to talk.
