Compilations
compilation is used to present financial data provided by an entity’s management in the form of financial statements that are free from obvious material errors, but without any opinion expressed regarding conformity with the basis of accounting or other assurances.
Zinner & Co. provides a compiled financial statement for companies who are looking for an outside third party perspective on the story being presented through the financial statement. It can be for internal purposes or for external requirements such as bank loan covenants.
Though no assurances are provided on the information, our input can provide important feedback to management as to how the company is performing.