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Assurance Services When you need financial reporting, don’t panic – just call Bergan Paulsen. Our staff of experts is on your side. We’ll analyze your unique situation to determine which level of reporting is necessary, then prepare the statements you need. Our staff of experienced CPAs will use their specialized training and expertise to deliver your reports...and peace of mind. Levels of service include: - Compilations, or basic financial statements
- Reviews, which may be adequate if your business must report your financial position to third parties, such as creditors or regulatory agencies. A review provides limited assurance that financial statements conform to prescribed accounting principles with no material changes.
- Audits are the most extensive services, and are appropriate when you need to provide a high level of assurance to outside parties. An unqualified opinion from a CPA provides reasonable assurance to outside parties that your financial statements fairly present your financial position and results of operations in accordance with prescribed accounting principles.
Other assurance services include: - Forecasts and projections
- Internal control reviews
- Agreed-upon procedures engagements
- Reviews of accounting systems
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