Compilation & Assurance
Compilation & Assurance Support for CPA Firms
Your partners and managers should spend their time on judgment, not chasing tie-outs. Our dedicated Compilation & Assurance pods plug into your firm to handle the prep, documentation, and analytical work on your compilation and review files, using your methodology, tools, and branding, so you can increase capacity without diluting quality or control.
Compilation work
We support compilation engagements where your clients need clean, professionally prepared financial statements without assurance.
What we handle
- Lead schedules, roll-forwards, and tie-outs across all financial statement areas
- Bank, credit card, and key balance sheet reconciliations
- Working paper preparation for material accounts (AR/AP, inventory, investments, PP&E, prepaids, accruals, revenue, expenses)
- Posting and documenting adjusting and reclassifying entries as directed by your team
- Draft financial statements and basic note disclosures based on your firm’s templates
- Cross-referencing between working papers and financial statements
- Standardized file setup and indexing aligned to your firm’s standards
Where you stay in control
- Engagement acceptance and client communication
- Understanding the business, basis of accounting, and reporting needs
- Final review of working papers, financial statements, and compilation report under CSRS 4200 or your applicable standards
Assurance work (review engagements)
For review engagements, we provide structured execution under your direction so your assurance leaders can focus on risk, judgment, and client conversations.
What we handle
- File setup based on your review methodology and templates
- Preliminary analytical procedures: ratios, trends, and variance analysis with documented explanations
- Documentation support for inquiry-based procedures with management
- Execution and documentation of review procedures tailored to the risk areas you identify
- Draft financial statements and note disclosures for review engagements
- Completion documentation, review checklists, and incorporation of review notes
We align our work with CSRE 2400 expectations for engagements to review historical financial statements, while you retain responsibility for materiality, risk assessment, and final conclusions.
What your firm keeps
You keep everything that defines your firm’s brand and professional responsibility:
- Client relationships and all client-facing communication
- Engagement acceptance, planning, materiality, and risk assessment
- Key judgments, issue resolution, and conclusions on the financial statements
- Final partner review, sign-off, and report issuance
We sit behind the scenes as an extension of your team, helping you clear backlogs, smooth busy season, and grow without overextending your core staff.
Why firms partner with us
- Expand capacity without adding permanent headcount
- Protect realization on recurring compilation and review work
- Standardize working paper quality across offices and teams
- Free up senior people for advisory, complex issues, and business development
Ready to see how a dedicated Compilation & Assurance pod would fit your practice?
