Audits and Attestation
Ensuring credible and accurate financial information
Today, your business needs assurance on both their financial and non-financial information – and this often feels like nothing more than a checkbox you need to complete for your bank or another third party. While it’s true it is often needed for a third party, the process should provide you with the confidence that you are following good procedures, financial, or otherwise. Audits and attestation services are wise business practices that reassure your stakeholders that you are presenting your position fairly.
Privately held companies, not for profit organizations, and local government entities need these systematic and independent reviews and assessments of financial statements, management accounts and reports, accounting records, operational reports, and more. The right Kansas CPA firm partner must understand your organization’s operations, identify inefficiencies and risks, and discover new opportunities to protect assets or improve procedures, policies, and profits.
Financial Statement Audit
Management teams, boards, shareholders, and other stakeholders need objective financial statement audits that describe an organization’s financial health. This includes the accuracy of its financial statements today as well as tomorrow’s opportunities and challenges. We perform financial statement audits for the following types of businesses:
Reviews and Compilations
Review and compilation services are designed for organizations that need insights into their financial and accounting situation at lower levels of assurance, depending upon situation or need. Although not as rigorous as an audit, they can be an appropriate middle ground solution for reporting on the financial health of your company.
Agreed Upon Procedures
Agreed Upon Procedures (AUP) can be tailored to meet your goals, wants, or needs. This service is designed to find facts by digging deeper into financial results that could involve targeting specific financial data, nonfinancial information, or even specific aspects of a financial statement. AUPs can be performed at any time during the year, not just at year-end.
Employee Benefit Plan and Retirement Plan Audits
Various types of qualified retirement plans, ranging from 401(k) to Employee Stock Ownership Plans have audit requirements. Built upon a strong technical knowledge of ERISA and DOL requirements and a methodical approach to each audit, you will receive a timely filing of Form 5500.
Other ABBB Solutions
In addition to the solutions described above, we assist business owners and leaders with investigative audits, operational audits, compliance audits, forecasts, projections, and budgeting.
To learn more about audit and attestation services, contact our A&A Service Line Leader, Meagan Wellbrock, using the fillable “Contact Us” form on this page.
For more than 20 years we have had a strong, stable relationship with Adams, Brown, Beran & Ball. Their knowledgeable team has a strong understanding of our business and have been great partners. They have been instrumental in improving our business and financial operations over the years. We have never considered changing firms and would recommend them to anyone without reservation.
Walt Hill – High Plains Mental Health Center
The prompt, personal service provided by the Adams, Brown, Beran & Ball team is the best benefit in working with this firm. They offer knowledgeable advice and help my business plan for any eventual scenario. Their guidance and support show their commitment to helping our business succeed. I would recommend them to anyone looking for an accounting firm that has the best interest of the business and its success at heart.
John VonLintel – JROBB, LLC
Par Exsalonce has used ABBB for over 10+ years for our payroll needs and have found them to be informative, helpful and accommodating. The salon is quite large and we are constantly adding new employees to the two locations. In addition, they handle insurance, IRA, Aflac and other deductions we throw at them! The entire team is wonderful to deal with – from the receptionist to the accountants that handle our diverse business needs. We could not ask for a more knowledgeable and dependable group of people. Our thanks to them many times over!
Teri Mills – Par Exsalonce
“With Adams, Brown, Beran & Ball, we don’t just get a financial advisor – we get a business partner. Our engagement team does an excellent job serving our needs and continually works with us to develop a plan for long-term success. When we come to them with a question, they go above and beyond to get the answer. Knowing we have that kind of support and dedication from our CPA is important. Our company has been in business a long time, and having a partner like ABBB will help keep us on a successful path for many years to come.”
Gary Shorman – CEO, Eagle Communications, INC.
“I own a small business that has been running for over 40 years. I am proud to say we have been with Adams, Brown, Beran and Ball for many of them! I am very pleased with the service they provide and their commitment to helping me grow my business. When I first began working with ABBB, I received guidance and a set of guidelines to follow that helped me achieve my business goals. I have full confidence that if I am unable to reach my main contact, I will still receive the best service so that I can stay on track. I highly recommend the team at Adams, Brown, Beran and Ball.”
Dan Woolard – Midway Manufacturing, INC.
Rules Effective for Most Plans in 2022 By Meagan Wellbrock, CPA New rules governing ERISA plan audits will impose new responsibilities for certain matters on plan sponsors, particularly those who…
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Audits and Attestation Team Leader: