TEL (206) 525-5170
1701 NE 104th Street
Seattle, WA  98125-7646











nonprofit financial specialists  
serving the Puget Sound  
community since 2000  
Compilation Service

Compilations are generally requested when a client desires financial statements be prepared in a standard format but has no need for outside review of the financial information or assurance over the internal controls.

 
A compilation differs significantly from a review or an audit of financial statements.  A compilation does not include any inquiries, analytical procedures, or other procedures performed in a review.  Additionally, a compilation does not include obtaining an understanding of the entity’s internal controls; assessing fraud risk; testing of accounting records; or other procedures ordinarily performed in an audit.  As a result, a compilation does not include an opinion or provide any assurance regarding the financial statements being compiled.

 

The objective of a compilation is to assist you in presenting financial information in the form of financial statements.
  

 

To learn more about Audits, click HERE

To learn more about Reviews, click HERE
Header photo by Christa Divis