Clear, Compliant, and Credible Financial Reporting
Whether you’re applying for a business loan, seeking investors, or meeting compliance obligations, reliable financial statements are critical. At Riley & Company, we deliver accurate audits, reviews, and compilations to help Houston-area businesses meet their goals with confidence and clarity.
Why Choose Us for Audits, Reviews & Compilations?
Assurance at Every Level
We guide you in selecting the right engagement—from compilations to full audits—based on your goals and stakeholders’ requirements.
Experienced, Local Professionals
Serving Northwest Houston since 1999, our CPAs bring decades of audit experience and industry insight to every engagement.
GAAP-Focused Approach
We ensure that every report complies with Generally Accepted Accounting Principles (GAAP), enhancing credibility with lenders and investors.
Efficient and Transparent Process
Our firm emphasizes accuracy and consistency while minimizing disruption to your operations with streamlined, tech-enabled workflows.
Personalized Attention
We take the time to understand your business and its financial story—providing not just reports, but clarity and peace of mind.
Our Audits, Reviews & Compilations Include
Audits
Our audits provide the highest level of assurance, involving detailed analysis of source documents and internal controls. They’re ideal for equity financing, mergers, and government funding.
Reviews
Reviews offer limited assurance and include inquiries and analytical procedures. These reports meet most lender requirements without the time or cost of a full audit.
Compilations
With no assurance required, compilations present your financial data in GAAP-compliant format—ideal for internal planning or external reporting with minimal complexity.
Engagement-Level Advisory
We walk you through the differences between audits, reviews, and compilations to help you make the right decision for your business.
Financial Statement Preparation
All levels of service include properly formatted financial statements prepared with attention to accuracy and regulatory compliance.
Get confidence in your numbers—no matter the level of assurance you need.
Our Proven Process
Initial Consultation
We evaluate your goals, reporting obligations, and assurance needs to determine the best service level for your business.
Engagement Planning
We outline timelines, data requests, and procedures tailored to your operations and industry.
Fieldwork & Review
Our team performs the required analysis—from analytical reviews to full testing of source documents and controls.
Report Delivery
We deliver clearly organized, GAAP-compliant financial statements with insights and recommendations where applicable.
Let’s Make Your Financials Work for You
Whether you're applying for financing, complying with regulatory requirements, or simply seeking clarity, our audit, review, and compilation services give you peace of mind. Let Riley & Company put our decades of expertise to work for your business.
FAQ
Frequently Asked Questions
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What’s the difference between audits, reviews, and compilations?
The key difference is the level of assurance. Audits provide the highest assurance through extensive testing and documentation. Reviews offer limited assurance with fewer procedures, while compilations provide no assurance and simply organize your data into GAAP format.
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How do I know which service I need?
Our CPAs will help you assess your goals, stakeholders’ requirements, and budget. Generally, audits are needed for investor or government reporting, reviews suffice for lenders, and compilations are ideal for internal or non-regulatory reporting.
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How long does the process take?
Audits typically require the most time due to their depth, often several weeks. Reviews are faster, while compilations can be completed quickly, especially with organized records. We’ll provide a realistic timeline at the engagement start.
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Will you help us get ready for the engagement?
Yes. We assist with document preparation, data requests, and answering any questions in advance. For audits, we also conduct a pre-audit planning meeting to ensure readiness.
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Do all services follow GAAP?
Yes. Even compilations, while offering no assurance, are prepared using Generally Accepted Accounting Principles to maintain integrity and usefulness.