How Does Stock Market Volatility Impact the Value of Your Business?
A financial statement review can serve as more cost-effective than an audit, and still offer many insights for business owners.
When an outside third party, such as a lender, buyer or investor, requests your audited financial statements, our professionals can discuss with you whether a review might meet your needs instead, resulting in significant cost savings.
If you’re looking for a partner to assist with comprehensive financial reporting and assurance services, we can help. Contact Lindsey Sykes to schedule a consultation.
Many lenders and investors want some form of assurance that the information included in a company’s financial statements is accurate. Performing a financial statement review lends that credibility and assurance at a lower cost and it is often the preferred option for early-stage, high-growth companies with limited operating capital.
A review does not include gaining an understanding of your company’s internal controls or its risk of fraud. It also does not include testing accounting records or other procedures that our professionals would normally perform as part of an audit.
While a review does not provide the same degree of assurance as an audit, many financial statement users find it to be an acceptable alternative that provides stakeholders with the financial data necessary to make informed business decisions.
“The transfer pricing audit ended after the German tax authorities reviewed our Local File. It might have been the best money I have ever spent.” – Feedback from Finance Director of Irish Multinational in Healthcare Industry following a transfer pricing audit in Germany
“Ben and his staff have been fantastic. They have been very professional and extremely patient as we navigate through our transaction and the planning process.”
“We are incredibly grateful for the partnership, support and collaboration of you and your team…Your professionalism and collaboration truly made the difference for the Company, our teams and our leaders.”
“As always, we very much appreciate your hard work and the hard work of the entire BT team.”
“In the past, I have used two of the top four national accounting firms for advice. I have found Jeff Call’s firm Bennett Thrasher, the most responsive, always available and very, very helpful. Once I’m not around, I’m certain my state trustee will continue to rely on Jeff’s firm.”
“Bennett Thrasher provided exceptional second mile audit services for Trilith Studios. Their team was thorough, knowledgeable, demonstrated a high level of attention to detail and provided clear communication throughout the entire process. We highly appreciated their collaboration and the professional service they provided throughout the entire audit process.”
“Just when you have self-assessed your company to possibly be the worst client ever, the Staff at Bennett Thrasher make you feel like you are their most important and beloved client. That ability is an attribute you don’t see in many accounting firms.”
How Does Stock Market Volatility Impact the Value of Your Business?
How Do I Mitigate the Impact of Tariffs on the Value of My Business?
Top Features of Sage Intacct for SaaS Startups
Understanding the New Trump Tariffs: Impacts on the Economy, the US Dollar, and Debt
The Ultimate Guide to Sage Intacct Integrations
How Louisiana’s Tax Reforms on SaaS and Franchise Tax Impact Businesses
10 Benefits of Outsourcing Bookkeeping and Accounting
Outsourced Accounting for Startups and Scaling Businesses
R&D Tax Credits Explained
Four Questions You Should Ask Your Accountant
