The highest level of confidence for your financial statements is provided by an audit engagement. In order to ensure that the financial statements are fairly stated, an audit includes a thorough evaluation of your systems' internal controls along with a thorough examination of account balances through analytical procedures, confirmation of account balances with outside parties, inspection of documents, observations of assets, and inquiries and discussions with management. Commonly, audited financial statements are needed by law or at the request of a third party, like a lending institution. We take pride in conducting thorough yet effective audits that are catered to the particular business needs of each of our clients. We firmly believe that well conducted audits may significantly benefit our clients.

A review engagement consists of the use of analytical procedures along with inquiry and discussions with management in order to assess the plausibility of the financial statements. Review engagements are most often required in order to obtain and maintain financing and can also be an effective tool for business consultation. Establishing whether there are any anomalies in the financial information is the goal of a review engagement.  Although it is not as thorough as an audit, this type of engagement uses tactics including queries, analytical evaluation, and talks with members of your team to evaluate the quality of the information. A review engagement is a smart compromise for businesses that want some additional confidence to their financial statements but don't want to bear the added expense of an audit because it is often less expensive than an audit.

Compilations are not intended to provide any assurance, but they are appropriate for many small businesses where a bank does not require a review report and where the shareholders are deeply involved in day-to-day operations, making the additional cost of an independent detailed review unjustifiable. However, even with a minimal interaction, we go well beyond what our Institute-mandated report wording suggests. We collaborate with you to make sure your financial statements are clear and insightful, paying particular attention to those components, such remuneration, that have an effect on tax planning. Regardless of whether we are hired to undertake an audit, in order to give you meaningful, quality advise, we need to have a basic grasp of your organization and your goals.

Well-organized financial records are the foundation of a successful business as they ensure that your business operations will run efficiently on a daily basis. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.