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COMPILATION REPORT & FINANCIAL STATEMENTSCHECOTAH CONSERVATION DISTRICT CHEETAH, OKLAHOMA JUNE 30, 2019KERSHAW CPA & ASSOCIATES, PC 5300 WEST OCMULGEE AVENUE MUSKOGEE, OKLAHOMA 74401 PHONE (918) 6841040

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How to fill out preparing a compilation report

01

Gather all the necessary financial information and documents.

02

Organize the information in a clear and logical manner.

03

Prepare the financial statements in accordance with accounting standards.

04

Ensure that the compilation report includes all required disclosures and explanations.

05

Review the compiled financial information for accuracy and completeness.

06

Obtain any necessary approval or signatures from management or stakeholders.

Who needs preparing a compilation report?

01

Small businesses

02

Non-profit organizations

03

Sole proprietors

04

Partnerships

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What is preparing a compilation report?

Preparing a compilation report involves organizing financial information provided by a company into a set of financial statements.

Who is required to file preparing a compilation report?

A company's management may choose to have a compilation report prepared by a CPA firm in order to provide assurance on their financial statements.

How to fill out preparing a compilation report?

To fill out a compilation report, a CPA firm will organize the client's financial information and prepare financial statements in accordance with accounting principles.

What is the purpose of preparing a compilation report?

The purpose of preparing a compilation report is to provide users with financial information that is accurate and reliable, even though it is not audited.

What information must be reported on preparing a compilation report?

A compilation report must include financial statements prepared by a CPA firm based on information provided by the client.

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