CPA Reviews & Compilations

Financial Statements That Lenders & Boards Can Trust
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Professional financial statements without the stress of a full audit

If your bank, board, or business partners are asking for financial statements, a review or compilation may be just what you need. We provide CPA-prepared statements that meet common requirements—without the high cost or complexity of a full audit. These services are especially helpful for nonprofits, small businesses, and organizations that need verified numbers for loans, grants, or internal planning.
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Financial Statement Compilations

A compilation is the simplest form of financial statement service—a CPA presents your financial data in standard format without offering assurance. These are ideal for internal use or when a third party wants a clear report without requiring verification. We’ll format and present your records in a clean, professional way.

What You Can Expect:

  • CPA-prepared compilation reports
  • Great for internal planning & informal review
  • Cost-effective for smaller businesses or nonprofits


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Financial Statement Reviews

A review provides limited assurance—more than a compilation, but less than an audit. We perform inquiry and analytical procedures to determine whether your financials appear accurate and follow accounting standards. This is often required by banks or grant agencies.


What You Can Expect:

  • Limited assurance from licensed CPAs
  • Suitable for loans, investors, & grantors
  • Faster and more affordable than an audit


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Help Deciding What You Need

Not sure whether you need a review or a compilation—or anything at all? We’ll walk you through it. Tell us who’s asking and what the situation is, and we’ll recommend the right level of service. No pressure, just clear answers.



What You Can Expect:

  • Clear guidance on what's required
  • Experience with banks, lenders & funders
  • Local expertise you can talk to face-to-face



Why Ottawa-area Businesses Trust Us For CPA Reporting?

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We’re experienced & licensed
Your report will be prepared by a CPA—someone who knows the standards and stands behind the numbers.
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We explain everything clearly
No accounting jargon—just clear explanations so you know what’s in your report and why it matters.
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We’re easy to work with
We’ll guide you through the whole process, whether you’re brand new or have done this before.
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We understand small businesses & nonprofits
We’ve worked with organizations across Ottawa and LaSalle County—we get the scale and the pressure you’re under.
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Reviews & Compilations FAQs

  • What’s the difference between a compilation and a review?

    A compilation is a straightforward presentation of your financials with no assurance. A review adds limited assurance through CPA-led inquiry and analysis—but it’s not as in-depth as an audit.

  • Who needs these services?

    If your bank, grantor, investor, or board is asking for CPA-prepared financials, you likely need one of these. They’re common for nonprofits, growing businesses, and loan applications.

  • Do you do full audits?

    No—we focus on reviews and compilations. If an audit is needed, we’ll help you understand that and can refer you to someone who provides them.

  • How long does it take?

    Most reports can be turned around within a few weeks, depending on how quickly we receive your financial data and what level of service is required.

  • Can you help with bookkeeping too?

    Yes! Clean books make these reports easier to prepare. We offer small business accounting & bookkeeping services as well.