Auditing/Assurance

Prather Kalman, PC’s audit approach includes hands-on involvement of our senior management team, regular, on-going communication, and the use of advanced audit software and processes to ensure an efficient, cost-effective, and accurate audit.

Financial Audit
A financial audit provides a high level of assurance that your financial statements present failry, in all material respects, your financial position. Prather Kalman, PC examines your financial statements, completes physical inspections, and confirms transactions through examining support documentation.

An audit by Prather Kalman, PC ensures that your organization’s financial statements are free of any material misstatement and are fairly presented. A Prather Kalman, PC audit provides value by uncovering compliance issues, providing suggestions to strengthen internal controls, streamlining systems and procedures, and improving operational efficiency.

Once the audit is complete, Prather Kalman, PC will counsel you on the outcome and help understand and analyze the information in the report.

Review
When a full audit is not required, Prather Kalman, PC can provide a review of historical financial statements. A review consists of interviews with your management team regarding your company’s financials, and then Prather Kalman’s auditors analyze the information provided. The resulting report does not provide as high of a level of assurance as a full financial audit does.

Compilation
Prather Kalman, PC offers compilation services to internal accounting departments that need help in preparing their financial statements. Prather Kalman, PC expresses no opinion as to the underlying information contained in these statements.

Additional Assurance Capabilities

Budgets and forecasts
Compliance review
Due diligence review
Evaluation of risk management
Feasibility studies
Financing alternatives consultation
Forecasts
Internal controls review
Litigation support
Performance measurement / benchmarking
Personal financial statements
Projections

Prather Kalman, PC’s seasoned auditors transform what can feel like an intrusive process into a positive, productive experience. Contact us to schedule your financial audit today.