Assurance Advisory CPA
Reliable financials for lenders, investors, owners.
We provide assurance, attestation, and advisory services for privately held companies and not-for-profit organizations. Our services are designed to help business owners, management teams, board members, lenders, donors, grantors, investors, and other stakeholders gain confidence in financial information, internal processes, and compliance matters.
Whether your organization needs audited financial statements, a financial statement review, agreed-upon procedures, compliance support, or assistance preparing for an audit, we can provide practical guidance and professional service tailored to your needs.
Financial Statement Audit
We provide audit services for privately held companies and not-for-profit organizations. An audit provides reasonable assurance that your financial statements are fairly presented in accordance with generally accepted accounting principles or another applicable financial reporting framework.
Audited financial statements may be required by financial institutions, government agencies, grantors, owners, board members, investors, or other stakeholders. In addition to meeting reporting requirements, audits can help organizations identify potential issues, strengthen internal processes, and improve overall financial transparency.
Common reasons to conduct an audit include:
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Ensuring the effective operation of an organization.
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Reviewing compliance with administrative, regulatory, grant, or contractual requirements.
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Providing management and board members with confidence that the organization is functioning properly and prepared to meet future challenges.
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Maintaining or enhancing the organization’s reputation with lenders, donors, grantors, investors, and the community.
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Performing due diligence for shareholders, potential investors, board members, donors, or other stakeholders.
Financial Statement Review
We provide financial statement review services for privately held companies and not-for-profit organizations that do not require a full audit.
A review provides limited assurance that no material modifications are needed for the financial statements to be in accordance with the applicable financial reporting framework. This service is often appropriate for organizations that need financial statements for lenders, owners, board members, donors, grantors, or other third parties but do not require audited financial statements.
Financial Statement Compilation
A compilation engagement involves presenting financial information provided by management in the form of financial statements.
A compilation does not include audit or review procedures and does not provide assurance. However, it can be useful for businesses and not-for-profit organizations that need professionally prepared financial statements for internal use, lenders, board members, donors, grantors, or other stakeholders.
Audit Readiness and Pre-Audit Support
We help organizations prepare for an upcoming audit, review, or other financial reporting requirement.
Our audit readiness and pre-audit support services may include reviewing financial records, identifying missing documentation, assisting with schedules requested by auditors, improving account reconciliations, and helping management prepare for a smoother audit process.
This service is especially helpful for organizations undergoing an audit for the first time or those looking to improve efficiency before the audit begins.
Internal Control and Risk Assessments
We assist organizations in evaluating internal controls, financial reporting processes, and operational risks.
Internal control reviews can help identify process gaps, strengthen oversight, reduce risk, and improve the reliability of financial information. These services may be useful for management, board members, lenders, grantors, or other stakeholders who want greater confidence in the organization’s processes.
Agreed-Upon Procedures and Attestation Engagements
Agreed-upon procedures engagements are designed to address specific financial, operational, or compliance matters.
Unlike an audit or review, these engagements do not provide an overall opinion or assurance on the financial statements. Instead, we perform specific procedures agreed upon by the client and other relevant parties and report the results.
Agreed-upon procedures may be useful for:
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Contract compliance
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Grant compliance
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Revenue verification
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Expense testing
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Internal control procedures
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Investor or lender requests
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Specific account or transaction testing
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Other targeted financial or operational matters
Financial Cleanup and Reporting Advisory
We assist organizations with financial cleanup, reporting improvements, and accounting process support.
This service may include reviewing account balances, identifying unusual or unresolved items, improving account reconciliations, organizing financial records, and helping management prepare more reliable financial reports.
Financial cleanup and reporting advisory services can be helpful before an audit, review, financing request, sale transaction, or major business decision.
Quality of Earnings Support
We provide quality of earnings support for businesses involved in acquisitions, sales, financing, or investor due diligence.
Quality of earnings procedures can help evaluate the reliability and sustainability of reported earnings, identify unusual or nonrecurring items, and provide better insight into financial performance.
Due Diligence
We provide due diligence support for buyers, sellers, investors, owners, and other stakeholders involved in business transactions.
Due diligence services may include reviewing financial information, analyzing revenue and expenses, evaluating working capital, identifying financial risks, and assisting with transaction-related reporting needs.
CPA Comfort Letter
We assist with CPA comfort letter requests when required by lenders, mortgage providers, or other third parties.
These requests often relate to income verification, self-employment status, business ownership, or other financial matters. Because CPA comfort letters may be subject to professional standards and limitations, we review each request carefully to determine what information can be appropriately provided.
Compliance Attestation
We provide compliance attestation services to help organizations meet specific contractual, regulatory, grant, or reporting requirements.
These engagements may relate to compliance with agreements, funding requirements, internal policies, or other specified criteria.
Inventory Observation
We provide inventory observation services for organizations that need independent observation of inventory counts.
Inventory observation may be required as part of an audit, lender request, acquisition process, or internal control procedure. This service can help support the accuracy and existence of inventory reported in the financial statements.
Employee Benefit Plan Testing
We assist with employee benefit plan testing and related procedures for organizations that sponsor employee benefit plans.
These services may include testing participant data, contributions, distributions, eligibility, and other plan-related information, depending on the nature of the engagement.
Revenue Verification Engagements
We provide revenue verification engagements for businesses and organizations that need independent procedures performed over revenue transactions, contracts, or reported sales activity.
These engagements may be useful for lender requests, investor reporting, royalty arrangements, contract compliance, due diligence, or other third-party requirements.
Nonprofit Financial Reviews
We provide financial review services for not-for-profit organizations that need financial statement support but may not require a full audit.
These services may be helpful for boards of directors, donors, grantors, lenders, and management teams seeking greater confidence in the organization’s financial reporting.
Client Accounting Advisory Services
We provide client accounting advisory services to help organizations improve financial reporting, accounting processes, and overall financial management.
These services may include financial statement preparation support, account reconciliation assistance, reporting improvements, accounting system support, and ongoing advisory services for management and board members.
Our Assurance and Advisory Services Include
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Financial Statement Audit — Private Companies
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Financial Statement Audit — Not-for-Profit Organizations
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Financial Statement Review
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Audit Readiness and Pre-Audit Support
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Financial Statement Compilation
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Internal Control and Risk Assessments
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Agreed-Upon Procedures
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Financial Cleanup and Reporting Advisory
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Quality of Earnings Support
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Due Diligence
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CPA Comfort Letter
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Compliance Attestation
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Inventory Observation
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Employee Benefit Plan Testing
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Revenue Verification Engagements
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Nonprofit Financial Reviews
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Client Accounting Advisory Services
Request an Assurance Service Consultation
If your organization needs an audit, review, compilation, agreed-upon procedures engagement, compliance attestation, or another assurance-related service, please complete our request form. We will review your needs and help determine the appropriate service for your organization.
* We base our fees on time required at our regular rates for the type of services and personnel assigned plus out-of-pocket costs. We also give consideration to the difficulty and size of the assignment, the degree of skill required, time limitations imposed on us by others, the experience and ability of the personnel assigned, the nature of the project, the level of cooperation by the client’s staff, and the value of the services to the client.