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Audit – the gift that keeps on giving.
Okay so maybe it’s a stretch to use gift and audit in the same sentence, but an audit can play a critical part in the growth of your business.
Financial Statement Audit
Okay so maybe it’s a stretch to use gift and audit in the same sentence, but an audit can play a critical part in the growth of your business. It allows you to see what is happening now, which can give you useful information to help you determine what might happen in the future. By providing these insights, we can properly assess financial risks and measure performance.
Today’s financial audits are not what they once were. Our process is highly automated and much less disruptive than with traditional audits. We can do much of the work remotely and can use targeted processes, allowing for fewer tested areas of your financials.
An audit is the highest service level and provides the highest level of assurance. That is because an audit requires that we examine documentation supporting your financial transactions on a test basis. An audit can give you substantial value aside from simply giving assurance to third parties. As we gain an understanding of your company, we are able to provide management advice that many companies find to be an integral part of improving their financial reporting and accounting process.
Employee Benefit Plan Audits
For companies with over 100 employees, an EBP audit is legally required once a year. This doesn’t need to be an added stressor, but should be looked at as an opportunity to identify potential areas to save money and maximize employee benefits. Our experienced CPAs can streamline this process and ensure you meet your obligations as plan sponsor.
Not for Profit Audits
As tax-exempt entities, nonprofit organizations need to be careful about following accounting guidelines and avoiding costly mistakes that may diminish the public’s trust in your organization. Our knowledge and experience simplifies this process and allows you to keep your focus on where it matters most.
