CPA Accounting

You can trust Connally, Jordan & Associates for you CPA Accounting services, including compilation of financial statements, and much more!

What Are the Benefits of Working with a CPA Accounting Firm?

As opposed to trying to conduct your CPA Accounting yourself, or have one of your internal employees handle it, or hire a college intern with a calculator watch, there are untold benefits to the present and future financial health of your company that can be experienced when you work [with] a CPA Accounting Firm for your financial statement services, as well as other financial services. And when a CPA has the kind of experience and industry expertise that you’ll find at Connally, Jordan & Associates, P.C., you can truly experience all the benefits of working with a CPA Accounting Firm for your financial statement services, and more. Here are just a few of the benefits of working with a CPA Accounting Firm.

  • Professional Bookkeeping

  • Thorough Financial Assessments

  • Deep Auditing Services

  • Expert CFO Services

  • Outstanding Compliance Services

  • Accurate Financial Accounting

  • Timely Financial Statements

  • Tax Preparation Services

  • Financial Forecasting Services

  • Insightful Business Consultation

At Connally, Jordan & Associates, P.C., we excel at providing all the 5-star business accounting, financial statement, and financial consultation services you need in order to thrive in today’s present economy.

“I was completely satisfied with the quality of the CPA Accounting services provided by Connally, Jordan & Associates. They provided clear, accurate and insightful financial information when I needed it, every time I needed it.”
~ Rose B, Satisfied Client

Get Your Financial Statement Services from a 5-star CPA Accounting Firm

As a business owner or manager, there are always a number of people and tasks begging for your attention, each of them believing they are more urgent than the next. At Connally, Jordan & Associates we are here to help carry the load of financial accounting so you can operate your business at your best. One of the ways in which we can be of assistance is in the compilation of financial statements. The purpose of compiling financial statements is to package your company’s financial statements into the most standardized, digestible format required for reporting, so all appropriate parties may have access to your operational success, as well as your financial forecast.

Many companies choose to utilize this service from seasoned professionals in order to signal to lenders or appropriate outside parties that they are working with a CPA. This provides a level of credibility and accountability, as well as an expert evaluation and compilation of your company’s financials. This service can be performed at whatever frequency is most useful for your company, including weekly, monthly, quarterly, annually, or any other set interval of time. In the presentation of your company’s financial statements, the compilation report itself is the initial page presented before the financial statements. This report is prepared by the CPA on the CPA Accounting firm’s letterhead. Let us help you instill confidence in the parties invested in your company with a professional, CPA prepared compilation report.

What is the difference between a compilation, a review, and an audit?

There are several different frameworks that CPA Accounting firms provide for reporting on financial statements. The three primary ones are a compilation, a review, and an audit. Each of these reporting frameworks has pros and cons. Each framework also provides a certain level of “assurance”. Assurance is essentially the level at which the accuracy of a company’s financial information and practices can be verified. At Connally, Jordan & Associates we can assist you in identifying which framework is most suitable for your needs. A compilation of financial statements is the basest form in the preparation of financial documentation. There is no “assurance” given with a compilation. The reason for this is that in a compilation we, as the accountant, do not verify the accuracy of the information provided. In a compilation we also do not assess the company’s internal practices through inspection, observation, or confirmation. We do not provide an assessment opinion or final conclusion in regard to the documentation provided. These are procedures associated with a review or, even further, an audit. During a compilation of financial statements our primary purpose is to gather and organize the financial statements in a way that can be presented for reporting. In both a review and an audit, we would assess the company’s financial procedures as well as provide tailored counsel on best practices and legal requirements regarding the company’s financial stewardship.

If your company needs to present a financial report with the backing of a CPA, trust Connally, Jordan & Associates for your Compilation of Financial Statements services!