Using information provided by the client’s management, we compile financial statements, including balance sheets, income statements, and cash flow statements, and notes to the financial statements in a professional format.
It’s important to note that in a compilation engagement, IBZ Consult LLC does not provide any assurance on the accuracy or completeness of the financial statements. The firm does not perform any audit or review procedures.
The compiled financial statements are prepared in accordance with a specified financial reporting framework, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
Along with the financial statements, we issue a compilation report. This report states that the financial statements were compiled from information provided by management and that the firm has not audited or reviewed them, and accordingly, does not express an opinion or provide any assurance on them.
The team at IBZ Consult LLC, consisting of skilled accountants, ensures that the financial statements are prepared professionally, reflecting the company’s financial position and performance.
While compiling the financial statements, the firm may also offer advice on financial reporting and accounting practices to enhance the quality and utility of the financial information for internal decision-making or compliance purposes.
IBZ Consult LLC’s Compilation Report services are particularly beneficial for small to medium-sized enterprises that require financial statements for internal management, investors, or creditors, where an audit or review is not necessary or cost-effective.
Testimonials
What Our Clients Say About IBZ Consult LLC
IBZ Consult LLC is offering you a complete package of accounting solutions.We offer Audit, Tax, and Business Advisory Services across UAE.
Get A Professional Quote
We at IBZ Consult are here to assist you for every possible solution.
Quickly maximize timely deliverables for real-time maintain schemas.
Elevate Your Business Journey with IBZ Consult: Where Ideas Transform into Success
Office# 1301 The Prism Tower Business Bay, Dubai, UAE P/O Box 114457