Assurance and Accounting Services
The highest level of assurance available for your financial statements is an audit. We take a customized approach and work with you to tailor the engagement to meet your requirements and results in a real value-added service to your entrepreneurial business. We are able to provide an independent professional opinion on the fairness of the financial statements through the study and evaluation of the company’s system of internal control, and by inspection of documents, observation of assets, making enquires within and outside the company, and by other generally accepted auditing procedures. Audited financial statements are used as a means to report to shareholders, bankers, creditors and government. Throughout the audit process, we try to identify opportunities for added efficiencies, not just in the accounting function, but the business as a whole.
A review engagement consists of inquiry, analytical procedures and discussion based on the original source documents to allow us to report on the plausibility of the financial statements. A review engagement is often required when obtaining or renewing bank financing and is a useful tool for business consultation.
This engagement is the most basic of accounting services, the objective being to compile unaudited financial information into financial statements or reports based on the information clients supply to us. This service would be applicable when financial statements are needed for the exclusive use of the company or for income tax purposes.
In addition to the traditional assurance services on financial statements, we offer several tailored solutions to meet your assurance needs. Other assurance engagements include:
- Reports on the results of applying specified auditing procedures on information other than financial statements
- Reports on Compliance with Agreements/Contracts
- Forecasts and projections
- Internal audit and reviews of internal control over financial reporting
- Budget development and analysis