Audits, Reviews & Compilations
Good, effective advice evolves from accurate financial data.
Patrick & Robinson CPAs provides the full range of financial reporting processes for companies
Creditors, investors, and analysts rely on the independent CPA to attest to the accuracy of financial statements. We offer financial reporting on all three levels of assurance:
- Audit — an intensive examination involving internal and external procedures to provide the highest level of assurance. Lenders often require this level of assurance if the amount of debt is significant. Some regulatory agencies will require an audit per government statute.
- Review — This less intensive examination includes some analytical procedures to provide a limited level of assurance. Lenders require a review due to extensions of credit. Shareholders often require reviews to provide some assurance of the accuracy of the financial statements.
- Compilation — The process is based strictly on client information provided and is primarily for internal use of individuals very knowledgeable of the business operations.