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Maxims Auditors & Consultants

Suit # 1204, Millennium Plaza Hotel Tower,
Dubai, United Arab Emirates.

Financial Statement Review

Home » Audit & Assurance » Financial Statement Review

A review is a higher level of service than a compilation in the preparation of financial statements. Reviewed financial statements are prepared based on information provided by management, however, a CPA will also perform inquiry and analytical procedures that provide the CPA with a reasonable basis for expressing limited assurances that no material modifications are needed for the financial statements to be in conformity with generally accepted accounting principles.

While a review is a more involved service than a compilation, it does not provide the CPA with a basis for an opinion on those financial statements.