Results for tag: "Compilation"

The Compilation market within the context of Accounting is a specialized service that involves the assembly of financial statements from a client's accounting records. Compilation services are typically provided by Certified Public Accountants (CPAs) and other accounting professionals. The compilation process involves the review of a client's financial records, such as bank statements, invoices, and other documents, and the preparation of financial statements that accurately reflect the client's financial position. The compilation process also includes the review of the client's accounting policies and procedures to ensure that the financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP). Compilation services are often used by small businesses and other organizations that do not require the more comprehensive services of an audit. Compilation services are also used by larger organizations that require financial statements for internal use or for external reporting purposes. Some companies in the Compilation market include Ernst & Young, Deloitte, KPMG, PwC, Grant Thornton, and BDO. Show Less Read more