Compilation
RFG will assist with obtaining company information to present in a financial statement format. If needed, RFG will obtain general support for significant numbers such as bank statements, detailed schedules of accounts and aging schedules to be able to properly present information in a financial statement format. RFG may also ask for documents such as operating agreements, loan agreements and leases so that footnotes may be drafted.
The completed Compiled Financial statement may be used for personal reasons and in general are acceptable by local banks. Some regional and national banks may limit the use of Compiled engagement unless they are reviewed or attested to by a CPA, please refer to our Financial Statement Audits for additional RFG Audit services.