Financial Statements: Audits, Reviews and Compilations
Assurance services provide our clients the information needed to make better, informed decisions. In addition to fulfilling compliance obligations, our services help clients to be more efficient, strengthen internal controls, and evaluate risk. Our personnel are highly experienced and have experience working with clients from a variety of industries. At HKP our owners and managers are closely involved in the engagement which helps to ensure quality work that is completed on time.
To help meet your needs, HKP offers three levels of financial statement assurance:
- Audit – provides the highest level of assurance and requires that the auditor corroborates amounts through inquiry, physical inspection, observation, third-party confirmations, analytical procedures, and other procedures
- Review – provides comfort that based on the accountant’s review, the accountant is not aware of material modifications that should be made. Consists primarily of analytical procedures and inquiries.
- Compilation – provides the most basic level of assurance with respect to the financial statements. The accountant assists management in presenting financial information in the form of financial statements without obtaining evidence to provide assurance that there are no material modifications that should be made to the financial statements.
HKP also provides the following services:
AICPA Employee Benefit Plan Audit Quality Center (EBPAQC)