When you need financial statements but not a full audit, reviews and compilations can provide the right level of insight. A review offers limited assurance by using high-level analysis, comparisons, and inquiries to ensure no major changes are needed. It’s a great option for stakeholders who need a basic level of confidence. A compilation, on the other hand, organizes your financial data into a formal statement format without any testing or analysis—perfect for internal use or general reporting needs.
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