---
title: Audits, reviews and compilations | Ashcombe & Reed, CPAs
description: Audits, reviews and compilations for lenders, boards and grantors, with independence documented from the first letter.
---

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Next deadline: [extended individual returns, Oct 15 →](https://www.nopethemes.com/tickmark/tax-calendar?hsLang=en)

[Documentation](https://www.nopethemes.com/tickmark/documentation?hsLang=en)·[Client portal](https://www.nopethemes.com/tickmark/client-portal?hsLang=en)·[(212) 555-0148](tel:+12125550148)

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- Services
  
  Services
  
    - [Tax preparation & planningBusiness and personal returns, planned before year end.](https://www.nopethemes.com/tickmark/services/tax-preparation?hsLang=en)
    - [Bookkeeping & monthly closeReconciled books, closed by the 10th of every month.](https://www.nopethemes.com/tickmark/services/bookkeeping?hsLang=en)
    - [AdvisoryCash-flow forecasts, entity choices and a monthly review.](https://www.nopethemes.com/tickmark/services/advisory?hsLang=en)
    - [Audit & assuranceReviews, compilations and audits for lenders and boards.](https://www.nopethemes.com/tickmark/services/audit?hsLang=en)
  [All services](https://www.nopethemes.com/tickmark/services?hsLang=en)
  
  ![A partner meeting a client at a round table](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/video-poster.jpg?width=800&name=video-poster.jpg)
  
  Free consultation
  
  An hour with a partner, free.
  
  Bring last year's return. You leave with a written scope and a fixed fee.
  
  [Book a consultation](https://www.nopethemes.com/tickmark/contact?hsLang=en)
- Industries
  
    - [Dental & medicalPractice entities, owner pay, buy-ins.](https://www.nopethemes.com/tickmark/industries/medical-and-dental?hsLang=en)
    - [ConstructionJob costing and bonding statements.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [RestaurantsTips, payroll and food-cost reporting.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [NonprofitsForm 990, restricted funds, audits.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [Retail & tradesInventory, sales tax and seasonal cash.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [Real estateRentals, 1031 exchanges, depreciation.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
  [All industries](https://www.nopethemes.com/tickmark/industries?hsLang=en)
- Partners
  
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-eleanor-ashcombe.jpg?width=96&name=author-eleanor-ashcombe.jpg) Eleanor AshcombeManaging partner · tax](https://www.nopethemes.com/tickmark/partners/eleanor-ashcombe?hsLang=en)
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-daniel-reed.jpg?width=96&name=author-daniel-reed.jpg) Daniel ReedTax partner · CPA, CFP](https://www.nopethemes.com/tickmark/partners/daniel-reed?hsLang=en)
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-denise-carter.jpg?width=96&name=author-denise-carter.jpg) Denise CarterAudit partner](https://www.nopethemes.com/tickmark/partners/denise-carter?hsLang=en)
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-robert-hale.jpg?width=96&name=author-robert-hale.jpg) Robert HaleAdvisory partner](https://www.nopethemes.com/tickmark/partners?hsLang=en)
  [Meet the firm](https://www.nopethemes.com/tickmark/partners?hsLang=en)
- [Fees](https://www.nopethemes.com/tickmark/fees?hsLang=en)
- [Tax calendar](https://www.nopethemes.com/tickmark/tax-calendar?hsLang=en)
- [Blog](https://www.nopethemes.com/tickmark/blog?hsLang=en)
- [Contact](https://www.nopethemes.com/tickmark/contact?hsLang=en)

[Client portal](https://www.nopethemes.com/tickmark/client-portal?hsLang=en) [Book a consultationBook now](https://www.nopethemes.com/tickmark/contact?hsLang=en)

- Services
  
    - [Tax preparation & planningBusiness and personal returns, planned before year end.](https://www.nopethemes.com/tickmark/services/tax-preparation?hsLang=en)
    - [Bookkeeping & monthly closeReconciled books, closed by the 10th of every month.](https://www.nopethemes.com/tickmark/services/bookkeeping?hsLang=en)
    - [AdvisoryCash-flow forecasts, entity choices and a monthly review.](https://www.nopethemes.com/tickmark/services/advisory?hsLang=en)
    - [Audit & assuranceReviews, compilations and audits for lenders and boards.](https://www.nopethemes.com/tickmark/services/audit?hsLang=en)
  [All services](https://www.nopethemes.com/tickmark/services?hsLang=en)
- Industries
  
    - [Dental & medicalPractice entities, owner pay, buy-ins.](https://www.nopethemes.com/tickmark/industries/medical-and-dental?hsLang=en)
    - [ConstructionJob costing and bonding statements.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [RestaurantsTips, payroll and food-cost reporting.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [NonprofitsForm 990, restricted funds, audits.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [Retail & tradesInventory, sales tax and seasonal cash.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
    - [Real estateRentals, 1031 exchanges, depreciation.](https://www.nopethemes.com/tickmark/industries?hsLang=en)
  [All industries](https://www.nopethemes.com/tickmark/industries?hsLang=en)
- Partners
  
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-eleanor-ashcombe.jpg?width=96&name=author-eleanor-ashcombe.jpg) Eleanor AshcombeManaging partner · tax](https://www.nopethemes.com/tickmark/partners/eleanor-ashcombe?hsLang=en)
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-daniel-reed.jpg?width=96&name=author-daniel-reed.jpg) Daniel ReedTax partner · CPA, CFP](https://www.nopethemes.com/tickmark/partners/daniel-reed?hsLang=en)
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-denise-carter.jpg?width=96&name=author-denise-carter.jpg) Denise CarterAudit partner](https://www.nopethemes.com/tickmark/partners/denise-carter?hsLang=en)
    - [![](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/authors/author-robert-hale.jpg?width=96&name=author-robert-hale.jpg) Robert HaleAdvisory partner](https://www.nopethemes.com/tickmark/partners?hsLang=en)
  [Meet the firm](https://www.nopethemes.com/tickmark/partners?hsLang=en)
- [Fees](https://www.nopethemes.com/tickmark/fees?hsLang=en)
- [Tax calendar](https://www.nopethemes.com/tickmark/tax-calendar?hsLang=en)
- [Blog](https://www.nopethemes.com/tickmark/blog?hsLang=en)
- [Contact](https://www.nopethemes.com/tickmark/contact?hsLang=en)

[Client portal](https://www.nopethemes.com/tickmark/client-portal?hsLang=en)[Book a consultation](https://www.nopethemes.com/tickmark/contact?hsLang=en)

[Documentation](https://www.nopethemes.com/tickmark/documentation?hsLang=en)[Client portal](https://www.nopethemes.com/tickmark/client-portal?hsLang=en)[(212) 555-0148](tel:+12125550148)

Audit & assurance

# Statements your lender *will sign off on.*

Reviews, compilations and audits for lenders, boards and grantors, led by a partner who has signed hundreds.

[Book a consultation →](https://www.nopethemes.com/tickmark/services/audit#consult)[See the fees](https://www.nopethemes.com/tickmark/fees?hsLang=en)

**Priced** on scope**Peer reviewed** pass, every cycle

![An audit file under review, with fieldwork days and the signed report date](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/art/hero-audit.png?width=600&height=680&name=hero-audit.png)

## The right level of assurance, not the most expensive one.

A lender may only need a review. A grantor may need an audit. We tell you which, and we keep the field work short.

[Book a consultation](https://www.nopethemes.com/tickmark/contact?hsLang=en)

- Compilations, reviews and audits
- Nonprofit audits, including Single Audit
- Agreed-upon procedures
- Fieldwork planned around your close

## How an engagement runs

1. **1**
   
   ### Planning
   
   Scope, timeline and a list of what we need.
2. **2**
   
   ### Fieldwork
   
   Usually one to two weeks, mostly remote.
3. **3**
   
   ### Draft
   
   Draft statements and findings, reviewed with you.
4. **4**
   
   ### Report
   
   Signed report, delivered to your lender or board.

## Fees

Fixed. Your letter sets the figure before we start.

### Review

From $6,500

Limited assurance for lenders and boards.

- Analytical procedures and inquiry
- Reviewed financial statements
- Management letter

[Book a consultation](https://www.nopethemes.com/tickmark/services/audit#consult)

Most chosen

### Audit

From $14,000

Full assurance for grantors, lenders and investors.

- Fieldwork and testing
- Audited financial statements
- Board presentation

[Book a consultation](https://www.nopethemes.com/tickmark/services/audit#consult)

Final fees depend on size and complexity, and are fixed in your engagement letter. Independence rules mean we cannot audit a client whose books we keep.

![Laura Bennett](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/review-avatar-2.jpg?width=801&height=1200&name=review-avatar-2.jpg)

★★★★★

> “Our first federal grant needed a Single Audit. Denise walked our board through it line by line.”

Laura Bennett

Executive director, Riverside Pantry · client since 2020

## Questions clients ask

Review or audit: which do I need?

Ask the lender or grantor what they require. If they aren't sure, we'll ask them for you.

How long does an audit take?

Six to ten weeks from planning to the signed report, with one to two weeks of fieldwork.

Can you audit us if you do our books?

No. Independence rules don't allow it. We can refer you to a firm that can.

Free consultation

## Bring last year’s return. We’ll take it from there.

An hour with a partner, at our office in New York or Montclair or by video. You leave with a written scope and a fixed fee.

What to bring

- Last year’s federal and state returns
- Recent bank and card statements
- Any IRS or state notices you have received

![Eleanor Ashcombe](https://www.nopethemes.com/hs-fs/hubfs/tickmark-demo/partner-eleanor.jpg?width=56&height=56&name=partner-eleanor.jpg) **Eleanor Ashcombe**Managing partner · takes most first consultations

Tell us about your business

A partner replies within one business day.

[![Ashcombe & Reed, CPAs](https://www.nopethemes.com/hubfs/raw_assets/public/studionope-for-accounting/images/brand/ashcombe-reed-editorial-lockup-light.svg)](https://www.nopethemes.com/tickmark/home?hsLang=en)

CPAs for owner-run businesses and the families behind them.

118 West 27th Street, New York21 Church Street, Montclair

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Services

- [Tax preparation](https://www.nopethemes.com/tickmark/services/tax-preparation?hsLang=en)
- [Bookkeeping](https://www.nopethemes.com/tickmark/services/bookkeeping?hsLang=en)
- [Advisory](https://www.nopethemes.com/tickmark/services/advisory?hsLang=en)
- [Audit](https://www.nopethemes.com/tickmark/services/audit?hsLang=en)

Industries

- [Dental & medical](https://www.nopethemes.com/tickmark/industries/medical-and-dental?hsLang=en)
- [Construction](https://www.nopethemes.com/tickmark/industries?hsLang=en)
- [Restaurants](https://www.nopethemes.com/tickmark/industries?hsLang=en)
- [Nonprofits](https://www.nopethemes.com/tickmark/industries?hsLang=en)

Firm

- [Partners](https://www.nopethemes.com/tickmark/partners?hsLang=en)
- [Fees](https://www.nopethemes.com/tickmark/fees?hsLang=en)
- [Tax calendar](https://www.nopethemes.com/tickmark/tax-calendar?hsLang=en)
- [Blog](https://www.nopethemes.com/tickmark/blog?hsLang=en)

Clients

- [Client portal](https://www.nopethemes.com/tickmark/client-portal?hsLang=en)
- [Contact](https://www.nopethemes.com/tickmark/contact?hsLang=en)
- [(212) 555-0148](tel:+12125550148)
- [Email us](mailto:hello@ashcombe-reed.com)

Theme

- [Documentation](https://www.nopethemes.com/tickmark/documentation?hsLang=en)
- [LP 1 · Consultation](https://www.nopethemes.com/tickmark/free-consultation?hsLang=en)
- [LP 2 · Checklist](https://www.nopethemes.com/tickmark/tax-season-checklist?hsLang=en)
- [LP 3 · Year-end](https://www.nopethemes.com/tickmark/year-end-planning?hsLang=en)

© 2026 Ashcombe & Reed, CPAs · Licensed in NY and NJ · AICPA member

[Privacy](https://www.nopethemes.com/tickmark/legal#privacy)·[Terms](https://www.nopethemes.com/tickmark/legal#terms)

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    },
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    "@type" : "Question",
    "acceptedAnswer" : {
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