What is a compilation?
There are three accounting levels to check the accuracy of financial records. A compilation refers to financial statements that are prepared or compiled by an organization"s outside accountant. Compilations provide the lowest level of confidence of accuracy. Reviews provide a higher level, and audited financial statements have the highest degree of assurance of accuracy. Bloch, Rothman and Associates have been providing compilation services to Denver since 1989.
In the end, it"s up to the business owner to decide what the financial health of their organization is. Financial statements are only one tool for the organization to determine its financial health. The Denver accounting experts at Bloch, Rothman and Associates consult with clients to determine the real health of their company. Please contact us to schedule a free consultation.