Have us professionally prepare your financial statements to share with your investors, bankers and suppliers
A company might hire a CPA to professionally prepare financial statements (without attestation)—meaning no audit, review, or compilation—when accuracy, professionalism, and credibility are important for external stakeholders like investors, bankers, and suppliers, but formal assurance isn’t required.
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Situations When This Might Be Done
- Early-stage companies seeking funding or loans but not yet required to submit audited statements.
- Privately held companies that want to demonstrate strong financial discipline to stakeholders.
- Companies applying for lines of credit or vendor credit terms.
- Mergers/acquisitions where buyers want clean records but haven’t demanded assurance yet.
- Internal governance to provide shareholders or boards with professionally prepared books.
- Lenders or investors request GAAP-compliant statements but don’t mandate a CPA audit/review.
Cost Factors for Financial Statement Preparation
- Size and complexity of the business
- More transactions = more work
- Complex industries (e.g., construction, healthcare) = higher cost
- State of the company’s books
- Clean, well-organized records = less time/cost
- Disorganized records = more time/cost
- Required disclosures
- Full GAAP compliance with footnotes is more labor-intensive
- Timeframe
- Rush jobs increase the price
- CPA firm’s size and location
- National firms charge more than local firms
- Big cities = higher rates
- Typical cost for GAAP-prepared, non-attested financials might range from $750 to $3,000+ annually, depending on these factors.
Benefits of CPA-Prepared Financial Statements
- Credibility: Stakeholders trust the quality and accuracy more.
- GAAP Compliance: Statements align with standard accounting practices, avoiding red flags.
- Professional Presentation: Easier for banks and investors to interpret and compare.
- Risk Mitigation: Reduces errors or omissions that could lead to bad decisions or legal issues.
- Future-readiness: Easier to upgrade to audits or reviews later if needed.
Would you like help deciding which options fit your specific situation?
Feel free to schedule a no obligation meeting
We are here to help
Frequently asked questions
Find the answers you are looking for by browsing through a number of questions we get asked a lot.
What is the best way to get started ?
There is so much misinformation on this topic on the internet that it is probably worth talkng a few minutes and having us guide you with your plan.
When should I consider having formal financial statements prepared?
There is no level of sales or activity but rather a need start when you begin distributing information to outsiders.
Why use Acully Inc?
You are not a number in some vast company. You are important to us and we have an interest in seeing you succeed.
When do you bill for your services?
When the project is done and you are satisfied.
Can I use your other service?
Absolutely. We offer a wide variety of technical services to improve your business and keep you compliant.
What is the process?
We usually have an introductory meeting to exchange ideas.
We then supply you with a detailed quote and scope of work.
Our team and our clients use our secure DocuTraker app to exchange confidential information and get to work collecting what we need to get the job done.
We provide you with drafts of the finished work and get the job done as quickly as possible.
How do I talk to a human?
We offer a wide variety of ways to reach us. By phone at +1 216-223-8623 By email at info@acully.com By a no obligation face to face meeting at no obligation meeting
The right plan for your business
We are a dedicated team supporting your financial growth. Let’s connect and let us help you grow.
Startup Plan
Starting at
$495 USD
€430 EUR
For smaller businesses wanting to straighten up their finances.
For companies up to $200K USD in revenue or expenses
Basic financial statements including: balance sheet, statement of income, and statement of cash flows in accordance with GAAP
Complete set of GAAP footnotes
Standard engagement letter and disclaimer statement
Established Business Plan
Starting at
$995 USD
€865 EUR
For larger businesses wanting to straighten up their finances.
For companies from $200K up to $1,200K USD in revenue and expenses
Basic financial statements including: balance sheet, statement of income, and statement of cash flows in accordance with GAAP
Complete set of GAAP footnotes
Standard engagement letter and disclaimer statement
Contact us to get started on generating financial statements
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