Services
Reviewed Financial Statements With Limited Assurance
The middle path of CPA assurance: substantially more credibility than a compilation, substantially less cost than an audit.
As credit lines grow, bonding programs expand, or outside investors enter the picture, the parties relying on your financial statements start wanting more than presentation. They want a CPA to have tested the numbers against expectations and asked management the hard questions. That is the specific gap a review engagement fills, and businesses that respond to it by commissioning a full audit often spend multiples of what the requirement actually demanded.
In a review, Integris Accounting performs analytical procedures on your statements, compares results against industry patterns and prior periods, makes formal inquiries of management, and follows every anomaly to a documented resolution. The result is our conclusion providing limited assurance that we are not aware of material modifications needed for the statements to conform with the applicable framework. It is a rigorous, standards-governed engagement, delivered by a firm that has sat on the preparer's side of these requests for decades.
Who this is for
Review engagements are most common among construction contractors whose bonding capacity has outgrown compiled statements, distributors and logistics companies with larger credit facilities, medical groups with outside stakeholders, and companies across Miami-Dade, Broward, and Palm Beach preparing for financing or eventual sale. If a lender, surety, or investor has specifically asked for reviewed financial statements, this is the engagement they mean.
Why clients choose this
- Meets bank and surety assurance requirements
- Independent credibility behind your numbers
- Far more economical than an audit
- Weaknesses surfaced before outsiders find them
- Smoother renewals as lenders gain confidence
Ready to get started?
If someone is asking for reviewed statements, let's scope it precisely. Call (305) 497-0552.
Schedule a strategy sessionWhat's included
What you get
Analytical procedures
We examine ratios, trends, and period-over-period movements, investigating fluctuations that fall outside what your operations and industry would predict.
Management inquiry
Structured interviews probe accounting policies, estimates, related-party activity, and subsequent events, with responses evaluated for consistency against the numbers.
Limited assurance conclusion
Our signed review report gives lenders and sureties the independent comfort level many credit and bonding thresholds explicitly require.
Full disclosure preparation
Reviewed statements include complete note disclosures, prepared to present your accounting policies and commitments properly.
Independence compliance
We evaluate and maintain the independence professional standards require for review engagements, and confirm eligibility before accepting the work.
Finding-driven feedback
Issues surfaced during procedures come back to you as practical recommendations, not just adjustments, making next year's review smoother.
How it works
The engagement, step by step
Step
Eligibility and scoping
We confirm the assurance level your third party requires, verify our independence, and define the engagement in a clear letter.
Step
Information request
A detailed list covers statements, schedules, and support, all exchanged through the secure portal on an agreed timeline.
Step
Procedures and inquiry
We perform the analytical work, conduct management interviews, and resolve every open question with documentation.
Step
Report and delivery
The reviewed statements and our conclusion are finalized, discussed with you, and issued for your stakeholders.
FAQ
Financial Statement Reviews, common questions
What does limited assurance actually mean?
It means we performed procedures sufficient to conclude that nothing came to our attention suggesting the statements need material modification. An audit goes further, testing underlying transactions and controls to support a positive opinion. Limited assurance is the level most mid-sized credit and bonding requirements are written around.
Do you also perform audits?
No. Our firm concentrates on compilations and reviews, and we are direct about that boundary. If your situation genuinely requires an audit, we will help you understand the requirement, prepare your records so the audit goes efficiently, and support you throughout the process via our audit support service.
How should we prepare for our first review?
Reconcile every account, document your significant accounting policies, and gather support for major balances before fieldwork begins. Clients on our monthly accounting service are effectively review-ready year-round. For others, we can perform readiness work in advance so the review itself proceeds without expensive surprises.
How long does a review engagement take?
Plan for several weeks from the time we receive complete information, with first-year engagements running longer because we are building baseline knowledge of your business. Renewal reviews move faster. We set the calendar against your bank or surety deadline at engagement, then manage to it.
Related services
Let's talk about financial statement reviews
One conversation with a CPA who knows your industry can change the trajectory of your year. Schedule a strategy session, bring your questions, your last return, and thirty minutes.