CPA Needed to Prepare Compiled Financial Statement for New Tennessee Used Car Dealer License

Posted 3 weeks ago

Only freelancers located in the U.S. may apply.U.S. located freelancers only

Summary

I am seeking a licensed CPA to prepare a compiled financial statement for a newly formed business applying for a Tennessee Used Motor Vehicle Dealer License. PLEASE ONLY APPLY IF YOU CAN CONFIRM THAT YOU CAN PROVIDE A FINANCIAL STATEMENT THAT SATISFIES THE TENNESSEE MOTOR VEHICLE COMMISSION REQUIREMENTS. Tennessee Requirements (Must Be Met) The Tennessee Motor Vehicle Commission requires a financial statement that: - Is a compiled financial statement - Is prepared in the name of the business - Is prepared in accordance with Generally Accepted Accounting Principles (GAAP) - Shows a minimum net worth of at least $10,000 - Is prepared and signed by a licensed CPA - Is provided on the CPA's professional letterhead - Includes the CPA's license number - Is dated - If the CPA is not licensed in the State of Tennessee, a copy of the CPA’s license must be furnished. Business Situation - This is a newly formed business - The business has no operating history - The only business activity to date is the owner's initial capital contribution/deposit into the business bank account - The business has a net worth exceeding the required $10,000 minimum Documents Available I can provide: - Business formation documents - EIN information - Business bank statements showing the initial capital contribution - Any additional information required to prepare the financial statement Deliverables Required - GAAP-compliant compiled financial statement - Compilation report signed by the CPA - CPA letterhead and license number included - Final documents provided in PDF format suitable for submission to the Tennessee Motor Vehicle Commission Proposal Requirements Please include: 1. Your CPA license state and license status 2. Confirmation that you can prepare a financial statement meeting the Tennessee Motor Vehicle Commission requirements listed above 3. Your estimated turnaround time Timing - Preferred turnaround time: 1-3 business days after receiving all required documents Because this business has no operating history and only an initial capitalization transaction, I expect this to be a straightforward engagement. Thank you very much.

  • $500.00

    Fixed-price
  • Intermediate
    Experience Level
  • Remote Job
  • Ongoing project
    Project Type
Skills and Expertise
Mandatory skills
Accounting
Balance Sheet
Activity on this job
  • Proposals:5 to 10
  • Last viewed by client:3 weeks ago
  • Hires:
    1
  • Interviewing:
    0
  • Invites sent:
    0
  • Unanswered invites:
    0
About the client
Member since Jul 3, 2026
  • USA
    Soddy Daisy6:23 PM
  • $500 total spent
    1 hire, 1 active
  • Automotive
    Individual client

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