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Audit, Review, Compilation
Not every business requires the same level of Assurance. For instance, if you need financing or desire to sell your business, the lack of audited financial statements can result in failure to gain financing or cause the value of your company to be under estimated. Decosimo works with you to determine the solution that provides the appropriate level of assurance based on your specific objectives.
An audit requires that we understand internal controls and assess control risk; test accounting records; and obtain evidence through inspection, observation, and confirmation. This is the highest level of assurance accountants can provide.
A review is appropriate when management needs some assurance about the financial statements, but not the higher level of assurance provided by an audit.
Decosimo is an independent member firm of Moore Stephens North America, which is itself a regional member of Moore Stephens International Limited (MSIL). All the firms in MSIL are independent entities, owned and managed in each location. Their membership in, or association with, Moore Stephens International Limited should not be construed as constituting or implying any partnership between them.