Compilation and Review Services for Southern California
CPA-prepared compilations and reviewed financial statements for lenders, investors, and boards who need CPA-credentialed financials without a full audit engagement. Fast turnaround for loan applications and investor reporting.
Not every lender, investor, or board requires a full audit. Many accept a CPA-prepared compilation or reviewed financial statement — both faster, less expensive, and sufficient for many financing and reporting purposes. A compilation organizes your financial data into properly formatted statements. A review goes further — applying analytical procedures and management inquiries to provide limited assurance that nothing material appears misstated. We tell you upfront which level your stakeholder actually requires before you commit to anything.
Compilations and Reviews — What We Provide
Financial Statement Compilation
CPA-prepared balance sheet, income statement, and statement of cash flows in GAAP format, signed by a licensed CPA — accepted by many lenders and investors for smaller transactions and SBA loan applications.
Review of Financial Statements
Limited-assurance engagement using analytical procedures and management inquiries. The CPA issues a report stating that nothing came to attention indicating material misstatement. More credibility than a compilation, less cost than an audit.
Lender-Required Financials
SBA lenders, commercial banks, and real estate lenders often require CPA-prepared financials for loans above certain thresholds. We coordinate directly with your lender on the level of service required before work begins.
HOA Financial Reviews
California HOAs with gross income over $75,000 are required to obtain an annual CPA financial review under Davis-Stirling §5305. We provide independent HOA reviews where full independence from the bookkeeping function can be maintained.
Investor and Board Reporting
CPA-prepared financial statements for investor reporting, board governance requirements, and due diligence packages — formatted to the standard your specific audience expects.
Independence Maintained
We do not perform compilations or reviews for clients whose bookkeeping we also manage. Independence is non-negotiable and ensures our CPA opinion on your financials carries the credibility it should.