Financial statements, audit and assurance Back
Assurance & Financial Statement Preparation
Knowing the inner financial workings of your business is fundamental to successful management of business. Letting our team handle your company’s assurance and financial statement preparation can give you that depth of clarity you seek. We deliver full-picture financial data, giving you high-level fiscal awareness, along with a more complete understanding of your business operations and how to take them to the next level.
Our highly trained staff, with decades of combined experience and sharp financial knowledge can work on gathering new insights into your company. Professionals at our firm compile extensive information about your company’s operating environment, its strengths and its weaknesses. We can also ascertain and provide information for other users of your financial statements.
We offer multiple assurance levels, such as review and corporate audits that provide lenders with confidence in your current and projected fiscal status through in-depth, clear insight into your corporate activities
Audit Engagements
The highest level of assurance available for your financial statements is an audit. Audited financial statements are used to report to shareholders, bankers, creditors, and the government. Our firm provides a thorough, independent, and professional opinion on the fairness of the financial statements. At the same time, we can assist in evaluating your company’s system of internal control by conducting an inspection of documents, observing assets, making enquiries within and outside the company, and engaging in other auditing procedures, as required.
Review Engagements
A narrower form of assurance, review engagements are a standard financial procedure essential for your business. A review engagement consists of an inquiry process followed by a discussion to establish evidence-based facts related to sources in the statements. This process is accomplished by investigating portions of your financials through analytical procedures and assessments.
A review engagement is often required when obtaining or renewing bank financing and is a useful tool in the business consultation process.
Compilation Engagement (Notice To Reader)
Compilation engagements, also known as a Notice to Reader, are the most fundamental of corporate accounting services. Their purpose is to gather unaudited financial information into financial statements or reports based on the information supplied to us by our client. They are typically used when financial statements are needed for the exclusive use of the company or for income tax purposes.