An AUP engagement is one in which a licensed CPA firm is engaged by a client to issue a report of findings based on specific procedures performed on a specific subject matter. Learn more in this article.
There are times when an organization must determine if its programs or projects have complied with laws, regulations or provisions of contracts. The compliance audit may be preferred rather having a full financial statement audit.
Every company needs an Accountant. In this post, We explained when and how to choose the right Firm.
“***News Flash*** As many of us have either completed or are in the process of implementing major changes to Not-For-Profit financial statements, don’t forget about the new Revenue Recognition Standards for NPOs. Please read further…..”
No one wants an Adverse Opinion due to its detrimental effect on the organization’s credibility. Although rare, adverse opinions are becoming more common these days. Let’s discuss how to avoid it.
Financial Audit can be expensive however, with the use of the technology, we have found that an organization can save on the cost of the Annual Audit.
If your company is publicly traded, or if you’re a nonprofit, it’s mandatory for you to have an outside accounting firm audit your books every year.
working as a certified public accountant involves plenty of alone time with financial documents. For some CPAs, that’s right up their alley.
An audit is a formal check of financial accounts of an individual, business or organization.
Financial audits dig deep into a company’s financial situation, probing accounting records, internal controls policies, cash holdings and other sensitive financial areas.