When a financial statement audit is not necessary but your company still needs to provide assurance to the users of your financial statements, MFA can perform both review and compilation services in accordance with the Statement on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.
Whether it be for internal purposes or driven by external requirements, our services are designed to assist you in preparing and presenting meaningful financial statements that offer an appropriate level of credibility and reliability in order for you and your investors, creditors or others that do business with you to properly evaluate your business and make informed decisions.
MFA’s financial statement review services offer an evaluation of your company's financial statements using management inquiries, analytical procedures, and our knowledge of the industry and your particular business. The scope of a review is less than an audit, but the resulting report provides a limited level of assurance that that there are no material modifications that should be made to the financial statements.
As part of MFA’s compilation services, our team of experienced professionals will assemble financial data from your accounting records and present it in the form of financial statements. No opinion is expressed about the underlying information in these statements, but you can sleep well knowing that your financial statements are presented in conformity with U.S. GAAP.