Independent Accountant s Compilation Report

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Reynard Hood
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1 Example 1- Standard GAAP Compilation Report To the Shareholders of Jeff Sailor Seminars, Inc. We have compiled the accompanying balance sheet of Jeff Sailor Seminars, Inc. as of December 31, 2010, and the related statements of income, retained earnings, and cash flows for the year then ended. We have not audited or reviewed the modifications that should be made to the financial Deloitte, Price & Young, CPAs January 15, 2011

as of December 31, 2010, and the related statements of income, retained earnings, and cash flows for the

2 Example 2- GAAP Compilation Report Without Footnotes To the Shareholders of Jeff Sailor Seminars, Inc. We have compiled the accompanying balance sheet of Jeff Sailor Seminars, Inc. as of December 31, 2010, and the related statements of income, retained earnings, and cash flows for the year then ended. We have not audited or reviewed the modifications that should be made to the financial Management has elected to omit substantially all of the disclosures required by If the omitted disclosures were included in the financial statements, they might influence the user s conclusions about the company s financial position, results of operations, and cash flows. Accordingly, the financial statements are not designed for those who are not informed about such matters. Deloitte, Price & Young, CPAs January 15, 2011

We have not audited or reviewed the modifications that should be made to the financial Management has elected to omit substantially all of the disclosures required by If the omitted disclosures were

3 Example 3- GAAP Compilation Report Without Independence To the Owner of Jeff Sailor Seminars Accountant s Compilation Report I have compiled the accompanying balance sheet of XYZ Company as of December 31, 2010, and the related statements of income, retained earnings, and cash flows for the year then ended. I have not audited or reviewed the The owner is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America and for designing, implementing, and maintaining My responsibility is to conduct the compilation in accordance with Statements on modifications that should be made to the financial I am not independent with respect to Jeff Sailor Seminars because I assist with their monthly journal entries because the owner has no idea what he is doing. KP Waterhouse, PA March 5, 2011

I have not audited or reviewed the The owner is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the

4 Example 4- Compilation Report on Income Tax Basis without Footnotes To the Partners of Jeff Sailor Seminars LP We have compiled the accompanying statement of assets and liabilities- income tax basis of Jeff Sailor Seminars LP as of December 31, 2010, and the related statement of income-income tax basis for the year then ended. We have not audited or reviewed the accompanying financial statements and, accordingly, do not express an opinion or any assurance about whether the financial statements are in accordance with the cash basis of accounting. financial statements in accordance with the cash basis of accounting and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial modifications that should be made to the financial Management has elected to omit substantially all of the disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of accounting. If the omitted disclosures were included in the financial statements, they might influence the user s conclusions about the company s assets, liabilities, equity, revenue, and expenses. Accordingly, the financial statements are not designed for those who are not informed about such matters. Anderson, Touche and Company, CPAs April 15, 2011

We have not audited or reviewed the accompanying financial statements and, accordingly, do not express an opinion or any assurance about whether the financial statements are in accordance with the

5 Example 5- Standard Review Report Independent Accountant s Review Report The Board of Directors of Jeff Sailor Seminars Corporation We have reviewed the accompanying balance sheet of Jeff Sailor Seminars Corporation as of December 31, 2010, and the related statements of income, retained earnings, and cash flows for the year then ended. A review includes primarily applying analytical procedures to management s financial data and making inquiries of company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion. Our responsibility is to conduct the review in accordance with Statements on of Certified Public Accountants. Those standards require us to perform procedures to obtain limited assurance that there are no material modifications that should be made to the financial We believe that the results of our procedures provide a reasonable basis for our report. Based on my our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with accounting principles generally accepted in the United States of America. Beady, Eyes & Sideshow, PA February 5, 2011

A review includes primarily applying analytical procedures to management s financial data and making inquiries of company management.

ALPHA SAMPLE FUND, L.P. ACCOUNT STATEMENT FOR THE QUARTER AND YEAR ENDED 12/31/07

ALPHA SAMPLE FUND, L.P. ACCOUNT STATEMENT FOR THE QUARTER AND YEAR ENDED 12/31/07 ALPHA SAMPLE FUND, L.P. ALPHA SAMPLE FUND, L.P. TABLE OF CONTENTS Page Strategic Asset Management Confirmation Report 1 Balance Sheet 2 Statement of Profit and Loss 3 Notes to Account Statement 4 Addendum