Many companies require audited financial statements. For companies of a certain size, or companies with certain debt/equity funding requirements.
Audited financialstatements may be required. This is the most thorough type of attestation services that an accountant offers in the United States. Reviewed financialstatements are required for quite a few small businesses in order to be eligible for bonds, certain types of insurance, government/municipal contracts, etc. They are also frequently requested by boards of co-ops. Compiled financialstatements do not include 3rd party verification and only include limited testing – they are basically professionally prepared financials. Please let us know the industry type and approximate size of your company. We perform all three of these engagement types.