Compilations

A compilation report carries no degree of assurance, yet it is adequate for certain purposes, such as internal management reports or interim reports to your bank. We familiarize ourselves with the accounting practices common to your industry and acquire a general understanding of your organization's transactions and how they are recorded. We then prepare the financial statements and put them in proper form, without applying audit-type procedures.

Phillips & Associates, LLC, 15825 Shady Grove Road, Suite 40, Rockville, MD 20850, (301)519-3280
home
about us
services
industries
client resources
location
contact us
newsletter