Reviewed Financial Statements for Contractor Licenses
A Reviewed Financial Statement is required with every new application for a Tennessee Contractor's License (unless you use the surety bond option).
The entire process is done by phone and e-mail, so no office visit is required.
I help clients submit new license applications seven days a week. I know what it takes to get approved by the Tennessee Board of Licensing Contractors.
- I can explain what is required for a reviewed financial statement.
- I can provide advice regarding your Monetary Limit.
- Quick Turnaround: Most reviews completed within 3 business days.
- I can provide advice regarding your choice of entity.
- I can help you explore the new Surety Bond option.
What is a Reviewed Financial Statement?
In a Reviewed Financial Statement, an independent CPA performs analytical procedures and inquiries, then issues a report giving limited assurance that no material changes are needed.
When do you need a Reviewed Financial Statement?
Every new Tennessee contractor's license application requires a reviewed financial statement (unless you use the surety bond option).
All monetary limit increases for contractors also require a reviewed financial statement, or a surety bond.
How much do Reviewed Financial Statements cost?
The cost of reviewed statements depends on your business size and complexity. I'll provide a quote before any work starts.
How does the Reviewed Financial Statement process work?
Everything happens by phone, text and email. You never need to visit an office:
Call or request a callback
We talk through your license, your business and the monetary limit you need.
Send your documents
You email or upload the documents I request.
I prepare and review
I build the statements, run the review procedures and ask any follow-up questions.
Submit to the Board
You receive the reviewed financial statement, ready to file with your application.
Typical turnaround: 3 business days from the day I receive your documents.
Why choose me to perform your Reviewed Financial Statement?
This is all I do: I don't offer any other services besides financial statements for contractors. This means you never get put on the back burner.
I don't employ staff: All conversations are directly with me. My only phone number is my cell phone. You are always talking to the "decision maker".
CPA since 2001: Andrew B. Ellis, CPA, CFA, CFP
Peer-reviewed firm: Independent quality review of my work
100% remote by phone, text and email. No office visit.
Most reviews are completed in 3 business days.
I help clients submit new license applications seven days a week.
Over 500 contractors served: I know what the Board approves
5.0 rating on Google - 120+ client reviews
My job isn’t done until you receive your new license: Don’t hesitate to call or write if any questions come up.
Andrew B. Ellis, CPA, CFA, CFP. Contractor financial statements for Tennessee, Alabama, Mississippi and North Carolina.