Compiled Financial Statements
At Darin Guthrie, CPA, PLLC, we assist management in presenting an organization’s financial position to convey the key aspects of the organization and the results of operations in the form of a financial statement.
In compiling financial statements for an organization, our team presents information that is the "representation of management" and expresses no opinion or assurance on the statements.
Compilations do not require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of an organization.
Compiled financial statements are often prepared when an investor or bank requires an organization to provide financial information in the form of a financial statement.