As a business owner or manager, it’s essential that you have confidence in your financial reports. We work with you to understand your reporting needs and the type of financial statement or report necessary to achieve your objectives and goals.
We offer a range of financial statement services based on your business’ needs:
This is the most basic level of financial statement service that accountants provide. This service does not provide assurance with respect to the financial statements and whether they are materially misstated. Instead, it consists of compiling and displaying the data in a financial statement format. These reports are not prepared in accordance with any professional accounting standards.
A Review Engagement requires us to perform limited procedures to establish whether anything comes to our attention that would indicate that the financial statements are not in accordance with Generally Accepted Accounting Principles
An audit engagement is the highest level of assurance for your financial statements. We conduct inquiries with management, recommend analytical procedures and perform verification and substantive procedures to assess the reasonability of your financial statements.
Regardless of which type of engagement you choose, we employ rigorous internal guidelines regarding preparation, handling of data and delivery.
Cash Flow Analysis
We worked with management to complete a study of the cash cycle with the aim to improved cash management. We completed a cradle to grave analysis of the conversion of work-in-progress to receivables to cash to determine the time cycle and areas for improvement.
Through our analysis we identified cash conversion roadblocks and through the recommendations identified the client was able to reduce working capital tie-up by 20 days.