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(201) 692-1600
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Tsamutalis & Company

Tsamutalis & Company

Certified Public Accountants (CPA's)

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Reviews & Compilations

Reviews & Compilations

Whereby your Bergen County NJ company’s financial statements indicate the actual fiscal position of your company to your stockholders, creditors and private investors, all of whom have dissimilar risk tolerances, we can offer you two different levels of assurance to accommodate your specific requirements.

Review - Limited Assurance

A review engagement, while less comprehensive than an audit, but more complicated than a Compilation, compromises a series of investigative measures we carry out by evaluating your financial statements, making inquiries, and other measures as dictated by the situation. If we were to discover any inconsistencies in any of our preliminary findings, we may then decide to implement further measures.

A review neither governs that we scrutinize your company’s accounting and auditing for its effectiveness, financial reporting and overall compliance. Nor does it impose us to confirm information with third parties or review assets. Instead, a review report merely conveys limited assurance stating that a company’s financial statements are deemed plausible, free of any misstatements, have not been materially modified, and are thought to be inconformity with the GAAP (Generally Accepted Accounting Principles).

Review engagements offer a company another form of assurance and expertise without expending the time, effort and undue expense of a full audit.

Compilation – Lowest Level of Assurance

Relying solely on our ideologies and knowledge of your business without having to evaluate your financial statements, make inquiries or other investigative measures, we can present a compilation as information that factually represents your company without expressing opinion or assurance regarding your financial statements.

Which Report Should You Use?

Depending on your specific circumstances, requirements or budget, a review or compilation may be appropriately suited. Knowing the difference between the two different reports by understanding their attributes will assist you in selecting the most suitable one for your needs.

Call us today to learn more about our reviews and compilation services in Bergen County, NJ
Our Services
Tax Services

Don't pay more in taxes than you have to! Tax planning, preparation or resolving tax problems - we can be your one point solution for all taxation issues

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Services for Individuals

Protecting your personal assets has never been more important. We offer a broad range of services to help you secure a sound financial future

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Get In Touch

Submit your information and one of our advisors will get in touch with you within 24 hours for a complimentary initial consultation.

Tsamutalis & Company, LLC is a boutique accounting firm that offers cutting edge accounting, tax and advisory services with a penchant for unparalleled client service.

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Headquarters
110 Pleasant Avenue, Upper Saddle River, NJ 07458

Branch
101 Cedar Lane, Suite 302 Teaneck, NJ 07666

(201) 692-1600
201-692-7755

stalis@taliscpas.com

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