What level of assurance suites your needs?
Audit or highest Level of Assurance if:
You are a public company or you see a public offering in the future
You accept funding from federal or state government
You expect exceptionally high business loan, but a bank sees you at high risk
Review or moderate level of assurance if:
You own a small business and planning on obtaining a business loan
You’re trying to attract new investors/buyers for your small business
Compilation – lowest level of assurance if:
Your business very simple and straightforward
Your bank requires a lending covenant as a condition of doing a loan
You need help translating from cash to accrual
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