Three Levels of Assurance, One Name to Know
When a lender or potential investor asks for your reviewed financial statements, it’s an opportunity you can’t afford to waste. That line of credit or investment could buy so much — more office space, upgraded equipment, or a third shift to beef up production.
But who can ensure the quality and level of detail that opens the door to funds?
The assurance team at Barnes Dennig.
The right report for your purpose
An audit — the highest level of assurance — provides a reasonable basis for expressing an opinion about a company’s financial statements taken as a whole. Your finished report will assert that an audit was performed in accordance with generally accepted auditing standards and that your financial statements fairly represent your financial position and results of your operations.
As our professionals prepare your audit, they’ll gain an in-depth knowledge of your business that can make them important allies in your company’s ongoing success.
Learn more about our Assurance Services.
Learn what makes Barnes Dennig such a strong partner.
A review provides more limited level of assurance. It states that, after inquiry and analytical procedures, the CPA didn’t find that your financial statements needed material modifications to conform to GAAP standards.
For a compilation, the CPA puts your company’s data into a financial statement that meets accounting standards. There is no guarantee the numbers are accurate. But for smaller private companies, this level of assurance may be sufficient to provide the peace of mind your investor or potential customer needs.
Why work with us?
Barnes Dennig has a reputation for meticulous auditing. And not just among our clients. We also get a nod from other CPA firms and standards-setting bodies in our industry. We’ve earned the highest possible ratings on our AICPA peer review and clean reports from the Public Company Accounting Oversight Board (PCAOB). Rest assured, our reports will satisfy the people they’re meant for.
But there’s so much more to Barnes Dennig than that. Our team of audit and accounting professionals has a deep understanding of the issues and trends shaping your industry. They will take the time to listen to you and learn your business thoroughly. They have the vision to see beyond the numbers, finding innovative ways to improve your efficiency, operations, and internal controls.
For the assurance you need (and more), contact us today.