Financial Statement Compilation

Unlike audits and review, compilations provide no assurance.
For Florida association’s, compilations are required when revenue exceeds $150,000.

During a compilation engagement, our team will assist in compiling a set of financial statements in a professional format, such as generally accepted accounting principles (GAAP), cash basis or income tax basis.

While no source documents are examined, compilations are still useful financial statement tools and may be required by third parties such as banks for loan approvals.