Compilation (Notice to Reader) financial statements
Many small and medium business corporations which need a year-end opt for the Compilation (Notice to Reader (NTR)) financial statements.
The benefit of having a Compilation set of financial statements is chiefly the cost. The accountant is not required to verify or confirm the balances as is done in a Review or an Audit.
Having Compilation statements does allow us to prepare a good plan for your business, its taxes, and your family's taxes.
However, it may not be acceptable for your bank and other lenders or outside shareholders, or some government regulators. It's best to check first.
Do you need a Compilation report? We can help. With 25+ years of experience, we are well suited to prepare your financial statements, tax returns, and tax planning for your business and family.
Many small and medium business corporations which need a year-end opt for the Compilation (Notice to Reader (NTR)) financial statements.
The benefit of having a Compilation set of financial statements is chiefly the cost. The accountant is not required to verify or confirm the balances as is done in a Review or an Audit.
Having Compilation statements does allow us to prepare a good plan for your business, its taxes, and your family's taxes.
However, it may not be acceptable for your bank and other lenders or outside shareholders, or some government regulators. It's best to check first.
Do you need a Compilation report? We can help. With 25+ years of experience, we are well suited to prepare your financial statements, tax returns, and tax planning for your business and family.