Our financial statement audit procedures are tailored for each engagement, and include obtaining an understanding of the accounting system and confirming assets and liabilities with financial records, transactions and invoices.

At the completion of the audit, we will issue financial statements that have been prepared in accordance with the generally accepted accounting principles (GAAP) and which will contain all required disclosures. We will include an opinion on whether or not your financial statements are presented fairly in accordance with generally accepted accounting principles.

We view the audit as an opportunity to build and develop a long-term relationship based on communication, trust and insight. We use the knowledge gained from the audit process to advise our clients on increasing efficiencies and identifying new ways to grow their business.

 

Though financial statement review procedures are less in scope than the procedures performed for an audit, our effort, planning and professionalism for these engagements remain at a high-level and focus on timeliness and efficiency.

 

• Analysis of account balance changes through analytic procedures


• Computing ratios meaningful for the company’s industry


• Inquiries of management

Upon completion of our financial statement review, our report will state that we have reviewed the financial statements in accordance with standards issued by the American Institute of Certified Public Accountants (AICPA), and whether or not we are aware of any material modifications that should be made to the financial statements.

To learn more about our financial statement audit and review approach and process, or to discuss any other questions related to financial audits, please contact us or call us at 951-273-9090