A review doesn’t require us to study and evaluate your company’s internal controls or verify data with third parties or physically inspect assets. Rather, a review report expresses limited assurance in the form of the statement: “We are not aware of any material modifications” for the financial statements to be in conformity with the International Financial Reporting Standards (IFRS). Reviewed Financial Statements include all required notes and other disclosures.
WHY CHOOSE AND INDEPENDENT REVIEW
It can be a good middle ground, providing the advantages of a Registered Auditor’s technical expertise without the work and expense of an audit.