Audit

Reporting on the accuracy of your financial information

The accuracy of your financial statements and the validity of the information it contains is fundamental for the success of your organization and the ongoing support of lenders, regulatory authorities, shareholders, and stakeholders.

To fulfill requirements and standards for an audit, review, or compilation, it’s necessary to engage a CPA firm that has made necessary investments in technology, tools, continuing education, and certifications.

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A CLIENT’S PERSPECTIVE…

“We are a long-time client, and the firm has been a solid partner.”

CLIENT – OLATHE, KS

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Adams Brown provides Audit services for companies or organizations in the following industries

Our Process

Audit

Intended to provide creditors, investors, federal and state agencies, and other outside parties with a high level of comfort on the accuracy of financial statements

CPA firm issues a formal report that expresses an opinion on whether the financial statements are presented fairly, in all material aspects, in accordance with the applicable financial reporting framework

Typically appropriate and often required when meeting governmental regulations, seeking high levels of financing or outside investors, or when selling a business

Will identify material weaknesses and set the stage for discussions, insights, observations, and guidance for their resolution

Review

Intended to provide lenders and other outside parties with a basic level of assurance on the accuracy of financial statements

Typically appropriate as a business grows and is seeking larger and more complex levels of financing and credit

CPA firm issues review report

Compilation

Intended for use by lenders and other outside parties who may not require assurance on the accuracy of financial statements

Typically appropriate when initial or lower amounts of financing or credit are sought, or significant collateral is in place

CPA firm issues compilation report

Contact Us.

For a discussion of which type of attestation is right for your situation or needs, please contact us for a complimentary, no-cost or obligation consultation.

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