Assurance and Auditing
Overview
Assurance and auditing services ensure your financial data and processes are accurate and meet the necessary standards. These services give your organization higher credibility and provide internal value by observing its systems and operations.
Anchin offers a broad range of assurance and financial reporting services to meet the diverse needs of various types of businesses and their stakeholders. Our breadth of experience, coupled with our investment in technology and use of data, gives us the perspective and capability to perform assurance, accounting, and auditing services skillfully and efficiently.
Expertise
Our auditing and assurance services verify that your business conducts itself competently and with integrity. Your financial records and statements provide vital information about your business operations. Our professional team reviews these records to determine your current position and provides recommendations and guidance to resolve any issues found.
Assurance and Accounting Services Include:
- Financial statement audits
- Financial statement reviews
- Financial statement compilations
- Financial statement preparations
- Agreed upon procedures
- Employee benefit plan audits
- ASC 842 lease accounting
- GAAP readiness assessments
- Accounting advisory services
- Client accounting services
Assurance Services
Our accounting assurance services seek to uncover the processes behind your accounting records, providing confidence in your company. We broadly review quality control mechanisms and organizational behavior to determine whether your company meets benchmarks. Our reports develop our findings so that you have the necessary data to make informed decisions that enhance your future financial position.
We offer assurance services like generally accepted accounting principles (GAAP) readiness assessments. These assessments act as a pre-test before an audit to determine the effectiveness of your systems and processes. Our ASC 842 lease accounting assurance services determine whether you meet the lease accounting systems set by the Financial Accounting Standards Board (FASB).
Our other assurance services include financial reviews. We analyze the plausibility of your financial statements and issue reports about whether they need financial reporting frameworks.
Auditing Services
Audits are a subset of broader assurance services. These reviews analyze your financial statements, reports, and records to confirm the fairness and accuracy of information.
We provide financial statement auditing covering income statements, cash flow statements, and the balance sheet for a given period. These audits aim to determine compliance with GAAP. Audits ensure you meet regulations while providing other benefits, like uncovering ways to improve a business and making customers more comfortable working with your company.
Our services also include employee benefit plan (EBP) audits to gauge how your employee benefits plans cover current and future benefits. These audits may cover a pension, 401(k), or profit-sharing plan. We audit for accuracy and material fairness. Employee benefit plan audits can highlight weaknesses or operational errors to address and improve the EBP.
Other Accounting Services
Assurance and auditing are part of our service offerings, but we also provide additional client services that allow you to outsource all accounting services to our external team. We also offer financial statement preparation and compilation to prepare and finalize financial statements.
Speak With Our Team
When you need audit and assurance services, turn to Anchin. We offer a broad range of services and expertise to meet your demands. Fill out our online contact form.