Financials submitted to third parties like banks or insurance companies need additional safe guards for the recipients. These safeguards often come in the form of being compiled or reviewed by a CPA. The lack of having these services performed can leave companies without bonding for jobs or waiting for a release from their line of credit.
A compilation involves assembling data from your records and presenting in an financial statement format. For some businesses, this statement is sufficient enough to meet management needs, as well as the needs of certain third parties.
A review can be a cost effective way to meet the requirements of third parties (such as lenders). By conducting a review, TWP can provide limited assurance about a clients financial statements.
Knowing your Financial Condition
Our Assurance division provides clients with an independent and objective view to their overall financial condition. This transparent and reliable view of financial information can then be shared with investors, creditors and other stakeholders for their use in making timely investment and business decisions.
TWP customers enjoy timely compilation and review services, fitting their time line.