Financial Statement Review Services
Enhancing the reliability of financial information for investors, banks and partners In the modern business environment, decisions on investment, financing and business cooperation all rely on the quality
Why this matters
Enhancing the reliability of financial information for investors, banks and partners.
In today's business environment, decisions on investment, financing and business cooperation all rely on the quality of financial information. Financial statements reviewed by an independent firm increase the credibility of the figures, improve transparency and satisfy stakeholder requirements.
We provide financial statement review services in accordance with current professional standards, helping businesses assess the reasonableness of their financial information and identify areas for improvement before an audit or public disclosure.
What is a financial statement review?
A financial statement review is an assurance service performed primarily through inquiry, analytical procedures and examination of financial information, in order to conclude whether anything material has come to attention indicating that the financial statements were not prepared in accordance with current accounting standards and regulations.
Compared with a financial statement audit, a review has a narrower scope but still provides a meaningful level of assurance to users of the financial statements.
When does a business need a financial statement review?
- Preparing semi-annual or interim financial statements.
- Needing to assess the accounting team's compliance with accounting standards, the accounting regime and current regulations.
- Wanting to strengthen the accounting team through recommendations and guidance from independent experts.
- Management needing an objective view of the quality of the accounting system and the effectiveness of internal controls.
- The business is growing fast or has had accounting staff changes and needs to reassess the quality of its accounting work.
- Providing reports to a foreign parent company or group.
- Meeting the requirements of partners, shareholders or regulators.
What’s included
- Performing reviews of quarterly or semi-annual financial statements.
- Assessing the reasonableness of the figures and the notes to the financial statements.
- Issuing a review report in accordance with professional standards.
- Reviewing financial statements as required by the group.
- Helping the business prepare documentation for financial statement consolidation.
- Assessing the application of accounting policies.
- Examining items with a risk of material misstatement.
- Advising on accounting matters and financial statement presentation.
- Making recommendations to improve the recording and financial reporting system.
- Helping the business prepare for the independent audit.
Who it’s for
Why choose Clarity for this
- Compliance with professional standards and legal regulations.
- Independence, objectivity and information confidentiality guaranteed.
- Practical, high-value recommendations.
- Support for the business throughout the engagement.
- Completion on the committed deadline.
Our commitment & responsibility
We commit to professional responsibility on every engagement — including legal liability and compensation should an error on our part occur. Your financial, personal and ownership data is handled under strict confidentiality and in line with Decree 13/2023/NĐ-CP on personal data protection.
Related knowledge
Ready to use this service?
Talk to our specialists to get a tailored scope of work and quote.
Request this service