Accounting Servicesat KLPCPAs
Audits, reviews and compilations. There are three basic attestation accounting services – audits, reviews, and compilations. We have extensive experience with each type of service.
These provide the highest level of assurance that we can professionally provide relative to your financial statements. Professional standards have changed radically over the last l0 years and an audit done in accordance with Generally Accepted Auditing Standards is a much more rigorous exercise for both the accountant and client.
At KLP, we’re sensitive to the demands this service places on your organization. We’re also sensitive to the fact that others count on our audit opinion. All parties involved want us to be effective and efficient and over the years we have found that the keys to successful audits are:
- Extensive planning of the engagement
- Effective auditor client communication
- Minimal audit team turnover from year to year
We have extensive experience auditing two unique industries rural telecommunications and securities broker/dealers.
Reviews and Compilations
These provide lower levels of assurance than audits. Many times banks, bonding agents, and other outside users of your financial statements can be satisfied by these levels of service. They are generally much less expensive than audits. We know your financial resources are limited and accordingly work to ensure that the accounting service that you receive meets their individual needs without incurring unnecessary professional fees.
Contact us today to request more information on any of these services. One of our dedicated accountants is available and committed to helping you with your audit, reviews, or compilations.