Your organization’s financial statements are a foundation of your accounting and provide a more accurate look at your financial health and stability over a set period of time. Our CPA firm  provides comprehensive financial statement preparation for a wide range of businesses as well as nonprofits.

Business Financial Statements

Running a successful business requires up-to-date and accurate financial information, which shows an in-depth look at the financial health of your company. Financial statements give you the data you need to plan for the future and make informed decisions for your business.

Nonprofit Financial Statements

While most people think financial statements are only necessary to for-profit businesses, nonprofits also need to provide information to their board members, donors, and potential grantors. However, nonprofit financial statements are somewhat different from those used by for-profit organizations. Our CPA firm has the knowledge and experience necessary to provide you with the data you need as well as provide analysis that gives you clarity and understanding into the financial health of your nonprofit organization. 

Financial Statement Audit Services in Raleigh

An audit is the highest level of financial statement service, and will be the most expensive for the client. In most cases, a third party will request that the client have an audit of their financial statements. As part of the audit, we look at internal controls, communicate with third parties, and test selected transactions. The purpose of an audit is to provide an opinion about whether the financial statements are presented fairly in all material respects in accordance with generally accepted accounting principles.

We have experience providing audit services to businesses, nonprofits, and defined contribution retirement plans.

Financial Statement Review Services

A review provides limited assurance on the financial statements. It is less in scope than an audit, but more involved than a compilation. It consists of applying analytical procedures to the financial statements and making inquiries of management regarding a client’s financial statements.  Financial review services are important to make sure your business is following all the required regulations as well as working as efficiently as possible.

Financial Statement Compilation Services

A compilation is the lowest level of financial statement service. There is no assurance provided in a compilation. The financial statements are compiled based on management’s representations in a format appropriate for the circumstances. In a compilation, the client may choose to have a complete set of footnotes or omit substantially all footnote disclosures.

Why Choose Steward Ingram & Cooper PLLC

Our CPA firm is dedicated to providing accurate financial statements to our clients using Generally Accepted Accounting Principles (GAAP). Not only will our team generate your financial statements, we can also sit down with you to analyze the data so you can understand the financial health of your organization and plan for the future. Whether you need documents to support a small business loan or need in-depth financial analysis to provide to board members and donors, we can put together the data and statements you need.