A Certified Public Accountant, or a CPA, is the official designation of a licensed accounting professional with credentials that include:
*Qualifies as a CPA Under State Rules and Regulations
*Possesses Unique Educational and Experiential Requirements
*Is Qualified to Offer Financial Attestation and Advisory Services to Public and Government Entities as Guided by Ethical Standards and a Professional Code of Conduct
As a certified third party, a CPA is qualified to perform assurance services in fulfillment of certain requirements outlined by the user of the financial statement. There are three levels of assurance offered by a CPA: Audit, Review, and Compilation, with an Audit providing a maximum level of assurance, a Review providing limited assurance, and a Compilation providing the lowest level of assurance. The level of assurance necessary depends on the user of the statement, their requirements, and the goals of the business or organization. A Bricks CPA can help clients determine the most suitable assurance service for their needs.
An audit may be necessary to obtain the maximum level of assurance requested by the financial statement user. A financial statement audit may be requested by internal or external stakeholders, regulatory agencies, lenders or creditors, bonding companies, donors, investors, vendors, suppliers or business partners for purposes of verifying that financial statements are free of errors and misstatements.
During a Financial Audit, a CPA will work closely with your in-house accountants, management team and executives to achieve a fair and objective evaluation of financial statements and accounts. This includes an audit of income statements, balance sheets, cash flow, inventory, book of accounts, invoice processing, internal controls, tax compliance, debt, lease and other financial contracts, risk of fraud, and legal liabilities in accordance with generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS).
A financial statement audit is performed on and off site, combining professional in-person analysis with centralized data systems. Audits involve several stages: planning and research, internal control review, testing, and reporting.
All assurance services are performed independently and objectively in order to obtain a fair and accurate statement of finances. In doing so, we give our clients clear and insightful direction on how to meet compliance regulations, mitigate risk, improve internal controls, and more.
As industry specialists, we also create an opportunity to refine financial processes and operations while aligning with industry practices. This allows businesses and organizations to gain valuable insights through our assurance services, with the means to test changes, make improvements, and reproduce quality with objective accuracy.
All of our services are accompanied by a strict confidentiality agreement to ensure the protection of your financial information. All information accessed by and matters discussed with A Bricks CPA will not be shared with anyone unless instructed by you.
We understand that your Assurance needs tend to reflect the shifting needs of business. As such, we offer our Assurance services 365 days a year to help meet your timelines and goals. Our services are provided on a scheduled basis as well as in emergency CPA assurance cases when needed. Whether you require Assurance, have questions, or would like to receive a free consultation for any reason, please don’t hesitate to get in touch.
