We will conduct our compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants (AICPA).

The objective of a compilation is to assist client’s management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements.

We will provide you with a compiled Balance Sheet, a related Income Statement, and when appropriate, a Statement of Cash Flows.


1. Bookkeeping – Records and Reports to Help You Run Your Company

As your bookkeeper, we will create and maintain a set of financial records or reports for you. This will include a general ledger and trial balance, and, depending on your business, may also include Accounts Receivable and Accounts Payable journals, inventory control and/or job tracking, and fixed asset detail reports. We will provide you with detailed reports (monthly or quarterly), so that you know your numbers on a timely basis throughout the year.

2. CFO Services and Advisory Meetings

As your contracted CFO we will provide you with an analysis and assessment of your operational performance and financial position, including ratio and trend analysis. This basic analysis will then be augmented by drafting management reports that assist in the analysis and reporting of “Key Performance Indicators”.
Finally, we can go to the next level by meeting with you regularly (monthly or quarterly) to discuss our findings, with a particular eye on tax planning. We will address your questions and offer suggestions to improve your systems, profits and cash flow – thereby increasing the value of your business.

If you have any questions, problems, or just want a quote, please call (757) 366-9818 for assistance.