Compilation

Compilations are used in limited circumstances where clients and other users do not need financial statements containing disclosures normally required for general purpose use. The objective is to ensure the information is not false or misleading. Information supplied by you is presented in the form of a financial statement that can be compiled on a monthly or annual basis.

Because of the limited work involved in procedures, a compilation does not verify the accuracy or completeness of the information and no expression of assurance is issued by EPR. Instead, a “Notice to Reader” communication is attached, specifying the limited nature of the statements. For this reason, compilation services are used in cases where full scale audits or reviews are not required.

Benefit From Professional Business Advice

EPR can help you determine the type of financial statements appropriate for your current business needs. To talk to an EPR Business Advisor, please call us today.