Compiled Financial Statements
Your business may need a compiled financial statement or one prepared by someone outside your business. You may simply want one, or your bank may require one. Especially if you do not have a controller, you may want a financial statement prepared in an applicable accounting format. This provides us with a good opportunity to review your information and ask questions about your business by getting to look at more detailed financial information with you.
How We Can Help
While the engagement is not designed to determine fraud, we have sometimes found instances of wrongdoing in the process. For example, we have seen employees overpaying themselves and others, failing to do work which should have been done (usually cash reconciliations), and failing to pay payroll taxes. We can also look at your internal controls and make suggestions for improvement.
We have known Ted Fricke for decades. He is honest, knowledgeable, and very professional. This entire office is easy to get ahold of, and this is necessary because we live... more
I have used Fricke & Associates for my accounting needs for the past 6 years and I am very pleased with the professional service that I have always received.
The staff are excellent, patient, professional, and efficient. They made the process very smooth and easy. We enjoyed working with Marvin and he was always available to answer our questions.... more
After a couple years of less than satisfactory experiences from a large chain tax preparation service, I was referred to Fricke & Associates, not only because of their stellar reputation,... more
Jeanette is great to work with. Highly recommend the firm!
Great team of advisors. Top notch accounting service!!!
Been with this firm for over 20 years. Tallant and Assoc were acquired and everything has remained great. They do a great job.
Very responsive and reasonable rates. Very happy with this group.
Why It's Important
Having good financial statements on a regular basis can put you in good stead when your business needs to borrow money. Further, financial statements consistently done in the same format allow solid actual and budgetary comparisons to be made. These are excellent financial controls that can aid you in monitoring your business growth and controlling your spending.
What are compiled financial statements?
A compilation is the process of preparing, from financial data provided by business management, financial statements using a basis of accounting selected by management.
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We can help
If you need a financial advisor near Atlanta, GA, Fricke & Associates, LLC has the expertise and experience to understand your needs, analyze your financial data, promote your growth, and ensure your financial future is set on a successful path. Additionally, we are a leader in developing and implementing the latest technology for optimizing accounting, tax, and financial planning solutions.
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