FINANCIAL STATEMENT AUDITS, REVIEWS & COMPILATIONS
Dansa D’Arata Soucia’s financial statement services comprise all three levels of assurance depending on your company’s needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify items requiring further analysis.
Compilations are usually requested for internal purposes and are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records. Compilations can be prepared annually, periodically or quarterly.