by a searcher
from Massachusetts Institute of Technology - MIT Sloan School of Management
in Chicago, IL, United States
1yr ago
Compiled financial statements price range & quality?
Hello,
What is the price range for compiled financial statements? Other than price, what questions should I ask to gauge the quality of CPA firm's work?
Thank you!
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by a searcher
1yr ago
from Massachusetts Institute of Technology
in Chicago, IL, United States
The existing lender for a company I acquired a few years ago is now requesting compiled financial statements. So this is purely for reporting purposes for one of my businesses. Does that give you enough context to share your thoughts?
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by a professional
11mos ago
from Florida State University
in Fort Lauderdale, FL, USA
The purpose of a compilation is typically to get the financials presented in GAAP along with the accompanying notes to the financial statements. Depending on the complexity of the business should be in a range from about $500-$2,000 to complete.