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North Carolina State Board of Elections 441 N Harrington Street Raleigh, NC 27603 Kim Westbrook Strach Executive Director Mailing Address PO Box 27255 Raleigh, NC 276117255 (919) 7337173 Confidential.

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CPA. A company's financial statements can be examined and approved in a process called an audit by Certified Public Accountants, or CPAs.

Only a CPA can prepare an audited financial statement and a reviewed financial statement. However, both CPAs and non-certified accountants, including bookkeepers, can prepare compiled financial statements.

A certified financial statement has been audited for accuracy by an independent accountant. A compiled statement may provide investors with useful information but it has not been audited. The quarterly and annual reports issued by public companies are certified financial statements.

What is a Certified Financial Statement? A certified financial statement is an income statement, balance sheet, and/or statement of cash flows that is issued along with an audit report from a certified public accountant. In the audit report, the auditor attests to the accuracy of the financial statement.

A compilation involves the issuance of a formal report by a CPA who's required to read the statements and evaluate whether they're free from obvious material errors. The CPA's report appears on the first page, before the financial statements.

In a preparation engagement, the accountant is literally preparing the financial statements based on information management provides (e.g. trial balances). In a compilation engagement, management prepares the financial statements, and the accountant will read and help finalize the financial statements.

A CPA prepared compilation is a standardized presentation that provides additional information useful to management, creditors, and investors.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232