WeiserMazars

 

squaresCompilations and Reviews of Financial Statements

Where an audit may not be necessary, WeiserMazars can assist you by performing a review of your financial statements and providing a limited form of assurance as to whether any material modifications should be made to those financial statements for them to be presented in accordance with Generally Accepted Accounting Principles (G.A.A.P.) or another comprehensive basis of accounting. Based on our knowledge and understanding of your business and industry, we perform inquiry and analytical procedures to obtain a reasonable basis to express such limited assurance.

A review differs significantly from an audit, in which the auditor provides reasonable assurance that the financial statements, taken as a whole, are free of material misstatement. A review does not contemplate obtaining an understanding of the entity’s internal control, assessing fraud risk, tests of accounting records, and other procedures ordinarily performed in an audit.

Where audit or review services may not be needed, WeiserMazars can assist you by compiling your information in the form of financial statements. We then prepare financial statements without undertaking to offer any assurance on them. In addition, we are also available to assist you in the preparation of management-only financial statements designed exclusively for internal use.





     

     

     

     

 

Want to know more?
 
Bruce Silverman Custom
212.375.6840
Bruce Silverman
Partner
Related links
 
Our Services
Our Industries
Our Insights
You are here: Home Services Accounting, Auditing and Assurance Compilations and Reviews of Financial Statements