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

Tatiana A. Kroutko