Financial Statement Review Services
Independent reviewed financial statements for organizations that need limited assurance
A financial statement review provides limited assurance that an organization’s financial statements are free from material misstatement, based primarily on inquiry and analytical procedures rather than detailed testing.
Strata CPAs provides financial statement review services to organizations across the United States, with a focus on professional standards, efficient execution, and clear communication throughout the engagement.
What Is a Financial Statement Review?
In a review engagement, we perform inquiry and analytical procedures to obtain limited assurance regarding an organization’s financial statements. A review does not involve the level of testing performed in an audit, but it does provide a higher level of assurance than a compilation.
Reviews are commonly requested by:
Lenders and financial institutions
Boards of directors or trustees
Grantors with limited assurance requirements
Other third parties seeking added confidence
We work closely with management to ensure the review process is well-planned, 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 Review Engagments
Each client type brings unique reporting requirements, and our team tailors the review approach accordingly. We provide financial statement review 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.
