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Audits & Assurance

Audits & Financial Reporting

Audits & Assurance > AUDITS AND FINANCIAL REPORTING

Audit and review services for clarity and peace of mind

Protecting the financial security and credibility of your enterprise is serious business. Reid CPAs is a trusted source for exemplary audit and financial reporting services that will help you manage your business financials with certainty today and plan with confidence for tomorrow.

Audit

When you work with Reid CPAs as your auditor, you have the highest level of assurance that your financial statements are accurately and fairly stated in all material respects, according to your financial reporting framework. By carefully examining your unique internal records and controls, identifying risks, and collecting evidence, we produce financial documentation that adheres to generally accepted accounting principles and that supports the accuracy and reliability of your financial statements.

Review

While a review may reveal issues that impact your financial statements, it provides only limited assurance that your statements do not require any material modifications. Reid CPAs’ scope of review is founded on our understanding of your organization and the environment in which it operates.

When conducting a review, we analyze procedures, make inquiries, and gather management representations. The results we provide enable your organization to state that it is not aware of any material modifications that should be made to financial statements in order to conform to generally accepted accounting principles and other reporting frameworks.

Compilation

Reid CPAs’ compilation services help businesses to structure their financial statements in compliance with the disclosure requirements of generally accepted accounting principles and other required reporting frameworks. Note that a compilation report is not designed to provide assurance about the accuracy of information in the financial statements, but that it does indicate that the information is represented by the business managers and that Reid CPAs has no opinion on the content.

Additional attestation services

Reid CPAs offers clients many other specialized attestation services that adhere to the standards of the American Institute of Certified Public Accountants:

Agreed upon procedures agreements
Reporting on financial forecasts and projections
Reporting on pro forma financial information
Compliance attestation
Reporting on an entity’s internal control over financial reporting