Compilations & Preparations

Crippen & Co. can perform a compilation or preparation of monthly, quarterly, or annual financial statements to help you manage your company or organization’s finances. When you want formal financial statements without the excess costs associated with an Audit & Assurance engagement, call Crippen & Co.

Compilations

Our Compilation Engagements are offered to our clients with or without note disclosures, offering varying levels of detail. When we provide a compilation with note disclosures, we strive to comply with GAAP and OCBOA. Our team will take the time to understand your industry and any accounting principles that can be applied to your field. While less time intensive and more affordable than a review or audit, compilations help give your investors, shareholders, or lenders a general understanding of your finances.

Preparations

The main difference between our Compilation Engagements and our Preparation Engagements is that preparations exclude the formal report and/or note disclosures that are typical with certain Compilation Engagements. These statements are still in compliance with SSARS No. 21, and are the most efficient overview of your finances to share with interested parties whether external or internal.

Prospective Financial Statements

Do you need projected statements for a new location or for that new loan at the bank? A projection may be your answer. We have assisted many clients with projections for either regulatory compliance or financing needs.

Our external peer review results support our promise to perform these services with the utmost quality and integrity. Find it on our website here.