Audit, Review and Compilation of Financial Statements
No matter the size of your business, we offer auditing, review and compilation services for your financial statements and any other attest functions you may need.
Beyond number crunching, audit, review, and compilation are just the first step of our comprehensive services. We also provide you with the benefit of our real-world expertise and experience, advising you and providing insights that provide a perspective that will prove invaluable. We pride ourselves on the depth of our research: our assessments are informed by long hours spent making sure that we truly understand what you do, what is going on in your industry, how your competitors operate and the technical resources that facilitate your company’s operations. It’s our belief that only once we truly understand what you do that we can competently and confidently provide you with educated observations and guidance on taxes, finance, and your essential business functions.
Our approach is guided by our appreciation of how important it is for stakeholders of all kinds, including owners and lenders, to have accurate financial statements upon which they can rely and base their decisions about their financial future. That’s why we go to such great lengths to ensure that our reports are fully verified, and why we dedicate so much time and care in preparing our client recommendations.
The ability to make financially informed decisions relies upon the accuracy and thoroughness of your data, and one of the most essential tools available is a meticulously completed and compiled audit and review. We view our role in the preparation of these documents as essential and collaborative: the higher the quality of the product we provide to you, the better the decisions you can make.
At Bharti Sudan CPA Inc., we provide the comprehensive audit of financial statements and review services in Diamond Bar, Los Angeles County, Orange County, and the nearby areas. Our audit services will help you to satisfy government stockholders, suppliers, and customers in regards to the credibility of all published information. We offer three different levels of quality assurance to meet your unique needs. These three levels include Audit, Review, and Compilation of Financial Statements.
When we offer to audit financial statement of a company, we take great care and use the utmost attention to detail to ensure accuracy and precision throughout the process. The benefits of an audit include helping to avoid investigations, interest, and penalties when paying corporate tax, goods, and services taxes. An audit from us will include the highest level of assurance and we offer written communication with:
- Your banks to confirm debt or cash balances and terms
- Your customers to check outstanding receivable balances
- Your vendors to verify outstanding payable balances and
- Your attorneys to provide information for pending legal actions
Review – Limited Assurance
A review with limited assurance is not as extensive as a traditional audit but is more involved than a compliance. It mainly involves analytical procedures applied to the financial statement instead of a full audit of group financial statements or an audit of consolidated financial statements. If there are inconsistencies noted after the review, we may recommend more comprehensive services.
Compilation – Lowest Level of Assurance
Compilation services include paperwork that states that it is the ‘representation of management’ with no opinion expressed of assurance on the financial statements. This service includes presenting the statements in the form of supplementary information. We rely fully on our knowledge of accounting practices and the general information about your business.
Are you located in California? We serve Los Angeles, Orange County, San Jose, Diamond Bar and the surrounding areas. Call us at (909) 861-5642 or contact us to learn more.
Contact us TODAY for a consultation!
Bharti Sudan CPA Inc starts with a complimentary consultation to find out where you are and where you want to be. Call us at (909) 861-5642 to get things started.
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