Reviews and compilations are less in scope than an audit and appeal to businesses and organizations that do not need a full audit. Review and compilation reports help businesses monitor and report their ongoing financial position.
A review consists primarily of the performance of analytical procedures and inquiries and results in obtaining limited assurance that no material modifications should be made to the financial statements. In performance
A compilation is less in scope than a review and consists primarily of assisting management in presenting financial statements. RFH often performs compilations for small, closely held businesses, in conjunction with other bookkeeping and other advisory services.
The review and compilation team is comprised of various partners and associates assigned based on the size and complexity of the assurance work. Our team members are highly trained and experts in a variety of industries. We have currently have expertise to perform reviews and compilations in the following industries:
- Financial institutions
- Professional services
To learn more about our review and compilations services contact one of our team members: