Dwight Darby & Company offers accounting and auditing services to a variety of privately held businesses located primarily in central Florida. These services include preparation of audited, reviewed or compiled financial statements and a computerized bookkeeping service. Each of the three levels of service for financial statement reporting provides a different degree of usefulness. Which level of service is the right one for your business will depend on several factors including the requirements of your bank, the preference of the owners, governmental regulations and future business plans. The following is a brief description of the financial statement reporting guidelines for each of the three levels: ¤ Audits provide the highest degree of assurance for users. The CPA firm expresses an opinion on the fairness of the financial statements and provides assurance that the underlying data has been examined on a test basis in accordance with generally accepted auditing standards. ¤ Reviews provide a significantly lower degree of assurance than audits. During a review, the CPA firm makes inquiries and performs analytical procedures which enable the firm to express limited assurance that it is not aware of any material changes needed for the financial statements to be in conformity with generally accepted accounting principles. ¤ Compilations do not express an opinion or any other form of assurance on the financial statements. The CPA firm assists in preparing the financial statements, but is not obligated to make inquiries unless dictated by the circumstances. Our computerized bookkeeping service provides monthly, quarterly or annual record keeping for a wide range of businesses. This service is tailored to the specific needs of the client and includes posting of cash receipts and disbursements, maintaining the general ledger and payroll journal, preparing quarterly and annual payroll tax returns and monthly sales tax returns, and preparing a computer generated compiled financial statement. This gives a brief overview of the auditing and accounting services Dwight Darby & Company is able to provide. If you need additional information about these services, contact either Brad Tushaus or John Brannan.