Audits, Reviews,and Compilations - Melissa S. Martin CPA, PLLC

Audits An audit provides the highest level of assurance. An audit is a methodical review and objective examination of the financial statements.
Includes verification of specific information as determined by the auditor or as established by general practice.
Our work will include a review of internal controls, testing of selected transactions, inspection of physical assets and communication with third parties.
Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.

Audits

An audit provides the highest level of assurance.

An audit is a methodical review and objective examination of the financial statements.

Includes verification of specific information as determined by the auditor or as established by general practice.

Our work will include a review of internal controls, testing of selected transactions, inspection of physical assets and communication with third parties.

Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.

Reviews A review provides limited assurance. A review is less extensive than an audit and consists primarily of analytical procedures applied to the financial statements and inquiries of the company’s management team.
If the financial statements or supporting information appear inconsistent, additional procedures may need to be performed.
Based upon our findings, we issue a report on whether we are aware of any material modifications for the financial statements to be in conformity with the basis of accounting used by the entity.
A review may be a good middle ground, providing the advantages of a CPA’s technical expertise without the work and expense of an audit.

Reviews

A review provides limited assurance.

A review is less extensive than an audit and consists primarily of analytical procedures applied to the financial statements and inquiries of the company’s management team.

If the financial statements or supporting information appear inconsistent, additional procedures may need to be performed.

Based upon our findings, we issue a report on whether we are aware of any material modifications for the financial statements to be in conformity with the basis of accounting used by the entity.

A review may be a good middle ground, providing the advantages of a CPA’s technical expertise without the work and expense of an audit.

Compilations A compilation provides the lowest level of assurance. A compilation presents information that is the representation of management with no expression of opinion.
In performing a compilation, we rely on our knowledge of accounting principles and a general understanding of your business.

Compilations

A compilation provides the lowest level of assurance.

A compilation presents information that is the representation of management with no expression of opinion.

In performing a compilation, we rely on our knowledge of accounting principles and a general understanding of your business.

mailing address

P. O. Box 1703
Elizabethtown, KY 42702-1703

Business Hours

Mon: 8am - 4:30pm

Tues: 8am - 4:30pm

Wed: 8am - 4:30pm

Thur: 8am - 4:30pm

Fri: 8am - 4:30pm

Physical Address

2935 Dolphin Drive

Suite 205

Elizabethtown, KY 42701

View Map

270-735-6473

1-877-390-3834

melissa@melissamartincpa.com