An audit is the highest level of assurance service, designed to provide comfort to the users of financial statements that the statements are accurate and free from material misstatement. In our work with start-up companies and other entities, we are often asked, “Do we need an audit?” A common reply is that, until you know that you need an audit, a different level of service is generally a more cost-effective solution. However, when an audit is required (often to comply with loan covenants or to report to stakeholders), you need a firm that combines deep resources, professional expertise, and a personal connection.
Every entity is unique and requires a customized approach to ensure the audit is performed in accordance with professional standards and in keeping with our commitment to high quality and exceptional service. We customize our audit approach for each entity based on the specific circumstances and risk areas. We rely on technologies that allow us to function either on-site or remote, and we are committed to innovative audit methods that maximize audit quality and efficiency. Our audit approach is designed to be flexible and adaptable to entities of various sizes and complexities, always ensuring that we maintain our high standards and the core principles of independence and objectivity, professional skepticism, and professional judgment.
We understand that a key barrier to changing auditors is the time and effort often involved with the transition from one service provider to another. We realize that building a relationship with a professional service provider is a long-term investment and strive to make this transition as seamless and efficient as possible by working with management and communicating with the prior audit firm.
While we understand that an audit is generally sought only because it is required, we strive to add value to the process by identifying opportunities for management to improve processes, enhance controls, discover efficiencies, and provide insights to improve business operations.