Compilation of Financial Statements
EC Barrett, LLC offers compilation services to companies in instances where an audit or review may not be necessary. This service requires significantly less evidence to be collected and thus, is less costly. A compilation of the financial statements can be valuable service for both internal management as well as external users such as lenders from financial institutions.
Our compilations are completed in accordance with the Statements on Standards for Accounting and Review Services (SSARS). Compilations are significantly less in scope than an audit and review, and therefore provide no assurance on the financial statements than the other services previously defined.