Financial information that helps achieve your goals
As a business owner, lender, trustee or interested party, you may want to have a good understanding of an organization’s financial condition without having to pay for a full-fledged audit. This is where YHB’s financial reporting expertise comes in. We’re ready to assist you with:
Compilations. In compiling the information needed to prepare a financial statement, we follow appropriate professional standards and point out any lack of conformity with generally accepted accounting principles (GAAP). If you need help with bookkeeping or creating your general ledger to provide a basis for our compilation, we’d be pleased to assist with that, too.
Reviews. Yount Hyde & Barbour’s approach to performing a review is similar, but we add analytical procedures that examine relationships among the data to identify any unexpected differences or anomalies. We then make inquiries to determine the reasons for those findings, so we can note that we found nothing that would indicate the statements are not in conformity with GAAP.
Agreed-upon procedures. When you need information about specific financial matters for a loan application, business sale, estimate of cash balances or other purpose, you’ll find a YHB agreed-upon procedures engagement a cost-effective way to get it. We provide specialized financial reporting on businesses of all types and sizes for banks, franchisors and other clients. And because we have strong relationships with bankers, lawyers and other members of the business community, we can help define the procedures in a way that minimizes costs while maximizing benefit for all parties involved.
Contact us today to achieve your goals with Yount, Hyde & Barbour.