The Nichols Accounting Group’s Audit and Assurance Services comprise four levels of assurance depending on your company’s needs. We’ll work with your team to determine the type of financial statement that is required to meet your objectives. Our promise is timely delivery and quality reporting.
- Audits: Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
- Reviews: Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
- Compilations: The objective of a compilation is to present in the form of financial statements, information that is the representation of management without undertaking to express any assurance. We work with management to present your financial information in a manner that conveys to the users of your financial statements the key aspects of your Company.
- Agreed Upon Procedures: Agreed-upon procedures engagements typically involve a report of findings based on targeted sections of a financial statement, control system, contract compliance, business acquisition or other circumstance where limited procedures are needed to meet a business objective. Agreed-upon procedures are defined at the beginning of an engagement and tailored to the needs of a specific user group.
In addition to the above listed services, there are a variety of other issues that our team may provide consulting services for.