Cost-effective assurance for small businesses.
AsuraTrust provides financial statement review services, designed to offer small businesses the option of a cost-effective level of assurance.
By utilizing analytical procedures and targeted inquiries, we identify unusual trends, confirm the plausibility of reported financial results, and strengthen confidence in the accuracy of your financial statements, without the time and expense of a full scope audit. Our Firm is based in Tampa, Florida, and performs review engagements for clients in the Tampa area and beyond.
Whether you’re looking to satisfy lender or investor requirements, or want a financial statement review for best practices, our Firm is here to help. Schedule a consultation today.
What to expect from the engagement.
When you need it
Commonly required by lenders, investors, and third-parties seeking moderate assurance.
Value
Cost-effective alternative when a full audit is not required.
How we work
Our reviews are conducted in accordance with Statements on Standards for Accounting and Review Services (SSARS) promulgated by the AICPA.
Scope
Review procedures primarily include targeted inquiries and substantive analytical procedures.
Who relies on a review.
Banks & other lenders
Reviewed financial statements are a common requirement of loan agreements when a full audit isn’t called for. A review provides lenders with independent, moderate assurance over reported results.
Owners, partners & investors
A review strengthens confidence in the financial statements for owners and outside stakeholders — an independent check on reported results without the time and expense of an audit.
Growing businesses
For companies approaching assurance requirements for the first time, a review is a common first step — building reporting discipline and stakeholder confidence ahead of a potential future audit.
Assurance, or presentation only.
ReviewLimited assurance — a moderate level of confidence that the financial statements are free from material misstatement.
CompilationNo assurance is expressed on the financial statements.
ReviewPrimarily targeted inquiries of management and analytical procedures applied to the financial statements.
CompilationFinancial information provided by management is presented in financial statement form, without performing verification procedures.
ReviewA review report concluding whether the accountant is aware of any material modifications that should be made to the financial statements.
CompilationA compilation report identifying the financial statements and stating that no opinion or assurance is expressed.
ReviewLenders, investors, or other third parties want independent assurance below the level of a full audit.
CompilationStakeholders need professionally prepared and presented financial statements, with no assurance required.
If assurance isn’t required, a compilation may fit — learn more about our financial statement compilations.
Considering a review?
Connect with us to discuss how our services can provide the support you need.
Schedule a Consultation