Audited Financial Statements |
An audit provides the highest level of assurance that the financial statements fairly present the entity's financial position and results of operation in accordance with Generally Accepted Accounting Principles. |
Reviewed Financial Statements |
A review provides limited assurance that no material changes need to be made to the financial statements. |
Compiled Financial Statements |
A compilation is useful when limited in-house capabilities for preparing financial statements exist. |
Forecasted Financial Statements |
Forecasted financial statements are useful in securing bank or other financing, projecting results at various levels of business activities and in business acquisitions and disposition. |