There may come a time when you need a loan or a grant for your Nashville business. Perhaps you’ll be testing a new product; perhaps you’ll need money to buy equipment; perhaps you’ll simply need the extra funding to keep operations rolling. Whatever the case, there’s one thing an accounting firm can do for you: conduct a review engagement.
What is a review engagement?
A review engagement is one form of attestation service – like an audit – that a CPA performs to assure stakeholders that the financial information you present them is fair and reliable. Essentially, it is a vote of confidence for your business.
If all goes well, a review report will state that nothing has come to the accounting firm’s attention to suggest that your financial statements are not in accordance with generally accepted accounting principles. No “material modifications” should therefore be done to them.
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