TEL (206) 525-5170
17544 Midvale Ave N., Suite 100
Shoreline, WA  98133











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.
  

 

Header photo by Christa Divis