Audited Financials

Providing independent, effective and comprehensive audits is our business. Our passion is using the knowledge we obtain through the audit process to advise you on how to best grow and improve your business.

Our approach is to first understand your business and the risks it faces and then focus on what matters most. We work closely with you, while maintaining an objective and independent attitude, and encourage open communication throughout, during, and after the course of our engagements. We also provide timely communications regarding professional developments and insights regarding matters that may affect your business both before and after the engagement is complete.

Ultimately, we believe our audit is more than just numbers and compliance. You can be assured of a thorough process, which is performed efficiently and at a reasonable cost with your businesses success in mind.

Employee Benefit Plans

Establishing and maintaining an employee benefits program is a complex process – from federal compliance to coordination between plan sponsors and service providers. Because every plan is unique, we design our audit procedures specifically for your organization.

Generally, federal law requires employee benefit plans with 100 or more participants as defined by ERISA to have audited financial statements attached to their Form 5500 filings. Smaller plans may also need to have an audit if they do not meet certain conditions exempting them from the audit requirement.

A-133 Single Audit

The federal government provides over $400 billion dollars annually via thousands of individual grants and awards for the purpose of benefiting the general public in the areas of education, health, public safety, welfare, and public works. However, as a condition of receiving this assistance, recipients must comply with applicable federal and state laws and regulations, as well as any particular provisions tied to the specific assistance. Our Single Audit services provide the federal government assurance that you are in compliance with all applicable requirements.

Organizations that have expended $500,000 or more of individual grants and awards during the fiscal year must comply with OMB Circular A-133.

Reviewed Financials

Our philosophy of providing professional services emphasizes reducing your costs, whenever possible. In situations where a financial statement audit may be too cumbersome and cost prohibitive, our review services is the answer. 

A financial statement review involves inquiry and analytical procedures to provide a basis for expressing limited assurance. In a review we determine whether there are material modifications that should be made to the statements for them to be in conformity with generally accepted accounting principles. A review is appropriate when management or third parties such as banks, regulatory agencies, investors, or prospective purchasers need limited assurance about the financial statements, but not the highest level of assurance provided by an audit.

Agreed-Upon Procedures

If your business needs a cost-saving alternative to audit and assurance services, an agreed-upon procedures engagement may meet your specific needs. Because the scope of services is less than a financial statement audit, work is performed only in essential areas, thus saving time and thus lowering costs.

Agreed-upon procedures may be applied in situations when management seeks independently verified and reported information, such as inspection of documents or transactions for specific characteristics or the confirmation of specific information with third parties such as banks, regulatory agencies, investors, or prospective purchasers. These procedures may also be appropriate if your business needs an independent comparison of data to a defined standard.