Nevada State Contractors Board Compilations & Reviews

Need a financial statement to obtain or raise your contractor's license limit? We provide CPA-prepared compilations and reviews with fixed pricing and fast turnaround — so you can stay focused on your project pipeline. Based in Reno, we prepare Contractors Board financial statements for contractors across Nevada, from Reno and Sparks to Las Vegas.

Reno CPA meeting with Nevada conractors to plan a Contractors Board compilation or review

Which Financial Statement Do You Need?

 

  • For Bid Limits up to $24,999
    • The Board allows you to complete your own personal financial statement on their prescribed form. No CPA required at this tier.
  • For Bid Limits between $25,000 - $499,999
    • The Board requires a compiled financial statement (Balance Sheet only), prepared by an independent CPA within 6 months of your application date.
  • For Bid Limits between $500,000 - $999,999
    • The Board requires a compiled financial statement with full disclosures (Balance Sheet only), prepared by an independent CPA within 6 months of your application date.
  • For Bid Limits over $1,000,000
    • The Board requires a reviewed financial statement (Balance Sheet only), prepared by an independent CPA within 1 year of your application date.

Fixed Pricing: Transparent Rates, No Surprises!

 

We offer fixed pricing so you know exactly what to expect before you engage us. All fees below assume your books are in good order. See the notes below for details on additional charges.

 

  • Compilation - Starting at $550

  • Full Disclosure Compilation - Starting at $1,100
  • Review - Starting at $2,500

 

Standard turnaround time is approximately 2-weeks. Need it faster? Rush services bring this to 5 business days for only an additional $250.

Contrator reviewing financial statements with a Reno CPA for a Nevada Contractors Board application

Frequently Asked Questions

 

What's the difference between a compilation and a review?

In a compilation, we present your balance sheet in the format the Board requires, but we don't provide any assurance on it. A review goes further: we perform inquiries and analytical procedures and give limited assurance that no material changes are needed. Which one you need depends on the bid limit you're applying for (see the chart above).

 

What do you need from me to get started?

Usually your balance sheet as of the statement date, bank statements and reconciliations, a list of who owes you and who you owe (receivables and payables), loan statements, and a list of equipment and vehicles. If you track jobs in progress, send that too. Once we see your books, we'll tell you if anything is missing.

 

How recent does my financial statement need to be?

Compilations must be dated within 6 months of your application date, and reviews within 1 year.

 

How long does it take?

Standard turnaround is about 2 weeks. Rush service gets it done in 5 business days for an additional $250.

 

Can you tell me what bid limit I'll qualify for?

Yes. Before you submit, we'll look at your numbers and let you know what limit they're likely to support, so there are no surprises from the Board.

 

Do you only work with Reno contractors?

No. We're based in Reno and prepare Contractors Board financial statements for contractors throughout Nevada.