R&A leverages the information gathered during a performance of assurance services to provide recommendations that help clients mitigate risk and discover opportunities for growth. Our process is based on thorough research and clear communication. The R&A team works hand-in-hand with boards of directors, executives, controllers, inventory managers, and others to provide best-in-class accounting, financial reporting, and business consulting.
Audits are often requested by banks, investors and government entities—asking an auditor to provide an independent opinion on the accuracy of your annual financial report and the adequacy of your internal controls. These reoccurring requirements enable us to build long-standing relationships with our clients. By spending the time necessary to understand each business, we are able to provide recommendations for internal control improvements and business solutions year after year.
Entities that receive federal funding in excess of $750,000 may be subject to an audit under Office of Management and Budget (OMB) Uniform Guidance Subpart F. These Single Audits are formerly known as A-133 Audits. Single Audits assure lenders, regulatory entities, and other stakeholders that an organization is appropriately managing and using the federal funds it has received.
Compilations & Reviews
There are times when an audit isn’t necessary but an organization still needs an independent accountant to report on financial statements. Generally, reviews and compilations include full disclosure of relevant notes to the financial statements. However, when appropriate, R&A can prepare a compilation that omits substantially all disclosures, further streamlining the work involved. All reviews and compilations are conducted in accordance with Statements on Standards for Accounting and Review Services (SSARS).
Other Assurance Solutions
Do you need to review your internal controls? Are you buying or selling a business and need due diligence or special reporting? We have the expertise to help you with these and many other special reporting and documentation services.