Compilations
Your partner for success
What is a Compilation
A compilation is when an accounting professional uses your financial data to create financial statements, such as:
Income statements
Balance sheets
Cash flow statements
Unlike audits or reviews, a compilation does not include verification or assurance. Instead, it focuses on presenting financial data in a professional, standardized way.
When Do You Need a Compilation?
Compilations are often used when:
Owners and managers need financial statements for decision-making.
Small and medium-sized businesses want structured financial records without the cost of an audit.
Banks, investors, or regulatory bodies require formal financial statements.
You need to submit financials to SARS or other stakeholders.
Benefits of a Compilation:
✔ Helps you understand your financial position
✔ Builds credibility with stakeholders
✔ Saves time and reduces compliance stress
✔ Cost-effective compared to audits
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Sunday – CLOSED
Phone Number:
082 376 5801
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