Why is my bank requesting a Reviewed Financial Statement in place of the Compiled Financial Statement requested in the past?
BHT&D Certified Public Accountants Blog
My Bank Requested A Reviewed Financial Statement. Why?
Tags: Compiled Financial Statement, Financial Statement, Reviewed Financial Statement, Audit, Small Business Accounting, Assurance
My Bank Requested A Compiled Financial Statement. Why?
"Why would my bank request a "Compiled Financial Statement" versus my internally prepared QuickBooks reports?" We are asked this question often by small business owners.
Tags: Compiled Financial Statement, Financial Statement, Small Business Accounting, Assurance