The Review engagement is designed to provide financial statements that reflect management’s representation of the organization’s historical financial condition and events (or other financial data), with a level of assurance that is less than that resulting from an audit engagement. The Review engagement is often used as an alternative to the audit engagement because it provides to management a more practical, and sometimes more affordable, means of achieving a desired level of limited assurance in contrast to the more extensive audit engagement.
A quarterly review report provides investors and stakeholders with insight into a company’s financial information. If the financial report is not prepared accurately, it can damage the reputation of a company. Therefore, it is necessary to get professionally prepared reports that are easily understandable by the stakeholders and investors leading to enhanced confidence in investors and greater investment opportunities.
Experts at Synergy auditing conduct reviews and prepare reports as per the regulations set forth by international standards on review engagements (ISRE) and International Auditing and Assurance Standards Board (IAASB). Our team priorities the preliminary audit work so that you are provided with a quarterly report on time.