| |
Financial Reporting
One of our primary services involves the audit,
review or compilation of financial statements. These services are provided
to give investors, lenders and other third parties, as well as management,
confidence in the information they rely upon to make business and investment
decisions. Differentiated by the breadth and depth of scrutiny the financial
statements are subjected to, and the level of assurance provided, these
engagements are tailored for each client and conducted in an efficient
and cost-effective manner.
Other Attestation Services
We can design attestation services to provide
assurance relating to management's assertions regarding financial or non-financial
data. In "agreed-upon procedure" engagements, our examination or review
work is targeted to address those items of interest to the end-users.
We can also provide attestation services when an independent evaluation
is needed to confirm whether an entity has complied with the requirements
of laws, regulations, grants, contracts and internal controls. top
Audit
The objective of an audit is to provide a reasonable basis for expressing
an opinion regarding whether the financial statements, taken as a whole,
are fairly presented in conformity with generally accepted accounting
principles (GAAP) or an other comprehensive basis of accounting (OCBOA).
An audit includes obtaining an understanding of internal controls, assessing
control risk, and testing accounting records and responses to inquiries
by obtaining corroborating evidence through inspection, observation or
confirmation. top
Review
A review of financial statements includes making inquiries of management
and performing analytical procedures to provide limited assurance as to
whether or not the financial statements are in conformity with generally
accepted accounting principles (GAAP) or an other comprehensive basis
of accounting (OCBOA). top
Compilation
A compilation involves presenting management's information in the form
of financial statements without expressing any level of assurance.
top
|
