Financial Statement Preparation and Audits in Washington, NC
Financial Statement Preparation
Our firm provides Financial Statement Preparation and Audits services tailored to meet your business needs, ensuring accuracy and compliance at every level of reporting. Whether you need compiled, reviewed, or audited financial statements, our team of experienced CPAs is dedicated to delivering precise and reliable financial documentation.
We work closely with management to understand your unique requirements, providing customized solutions that enhance clarity and support informed decision-making. Beyond standard financial statement preparation, we also offer write-up services to streamline your bookkeeping processes, ensuring your records are well-organized and properly maintained.
Our commitment to excellence ensures your financial statements not only meet regulatory standards but also serve as a robust foundation for your business’s growth and success.
- Compiled Financial Statements
- Review Financial Statements
A review is a higher level of service than a compilation in the preparation of financial statements. Reviewed financial statements are prepared based on information provided by management, however, a CPA will also perform inquiry and analytical procedures that provide the CPA with a reasonable basis for expressing limited assurances that no material modifications are needed for the financial statements to be in conformity with generally accepted accounting principals. While a review is a more involved service than a compilation, it does not provide the CPA with a basis for an opinion on those financial statements.
- Audited Financial Statements
An audit is the highest level of service a CPA can provide relative to a client’s financial statements. The objective of an audit is to provide a reasonable basis for expressing an opinion regarding the financial statements taken as a whole. Additionally, an audit involves the CPA obtaining an understanding of internal control, testing of accounting records, observing and confirming financial data and performing certain other procedures ordinarily performed during an audit.
- Write Up Services
In addition to our audit, review and compilation services our firm is also capable of taking the original books of entry of a client (checkbook, billing records etc.) and entering this data into a computerized general accounting package either at the client’s site or in our office.
Expert Auditing and Tax Services for Not-for-Profit Organizations
We currently audit about 20 plus different not-for-profit and governmental organizations and prepare an additional 15-20 990s for other not-for-profits that do not require an audit. Please feel free to Contact Us if you have any questions!
Audits
In today’s quick moving business environment, numerous clients of financial data are requesting noteworthy unwavering quality of both financial and nonfinancial information. Subsequently, an audit is progressively more than just an examination of your books. It’s chance to take a worldwide perspective of your organization—to survey the nature of data you use to make critical decisions, assess your organization’s general money related execution, and help you solve complex business challenges.
The reason our audit approach joins a sharp comprehension of the aggressive business scene and our experience assessing the dangers you confront regularly.
The Goals?
- Deliver maximum return on your investment.
- Provide value-packed management letters with actionable insights.
- Conduct in-depth analysis of your financial statements.
- Evaluate and enhance internal controls.
- Improve operational efficiency through expert recommendations.