Compilation & Review
HBC CPAs can generate formal financial reports prepared from accounting records. These statements may include a balance sheet, statement of retained earnings, statement of income and a statement of cash flows.
An unaudited review of financial statements of a business or organization is to determine the plausibility of the information. A review includes making inquiries concerning financial, operating and contractual information, applying analytical procedures and having discussions with appropriate officials of the enterprise. Our report that prefaces unaudited financial statements and provides negative assurance that the financial information conforms to generally accepted accounting principles.