When it comes to your business, there’s no hiding from the inevitable – an independent audit by a
Certified Public Accounting firm. Whether it’s for a loan, a government requirement or simply good
business practice, an audit is an absolute must for any serious organization. With every financial
statement meticulously scrutinized and every internal control system evaluated, an audit is the ultimate
test of financial integrity. And with the assurance of a spotless financial record, you can rest easy
knowing that investors, vendors, and stakeholders will trust your numbers.
At Richard Kacor CPA, we have an experienced team of auditors, including a college professor, who
specialize in auditing for manufacturing companies, not-for-profit organizations, lending institutions,
and wholesalers. Trust us to uncover any fraudulent activity and ensure that your financial statements
are accurate and stated correctly.
Review: A Limited Examination of Your Financial Statements
A financial “review” by an independent auditor is a limited examination of your financial statements to
determine if they are consistent with generally accepted accounting principles. Unlike an audit, a review
is not as extensive, with internal controls not being investigated. However, a review still provides a
limited level of assurance that your financial statements are free of misrepresentations. The auditor’s
report will note any “material modifications” that need to be made to the financial statements, but it is
not considered a professional opinion on the overall financial health of your organization.
Compilation: A Statistical Analysis of Your Financial Statements
A compilation is a service aimed at assisting management in presenting financial information in the form
of financial statements. Our team of experienced accountants will review your financial statements for
proper presentation and conduct a statistical analysis to detect any major errors. We’ll provide a
compilation report for your balance sheet, income statement, equity statement, and cash flow. This is a
popular service for companies looking to review their performance on a monthly basis and to provide
information to banks, investors, and vendors.
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