Audits, Reviews
& Compilations
Gain Confidence from Trusted, Objective Audit Services
Audits help a business owner gain confidence in their financial operations while ensuring risk is mitigated. Based on the level of need, audits, reviews and compilations help businesses demonstrate to ownership, investors and lenders the security and strength of their finances. Depending on the level of assurance needed, each have their use. Lenders and banks most often require fully audited financial statements. At times, a review or compilation can suffice.
Brady Ware’s team provides clients with trusted, objective audit and assurances services and delivers based on how in-depth the need is to examine controls, financial data, management input, investor/lender requirements and more.
Audits
Providing the highest level of assurance, this is a full examination of controls, procedures, financial records and more most often needed by lenders and investors. Determinations are made as to whether the financial information of a company is accurately reported and affirms the company’s financial position. It is critical and comprehensive.
Our audits are performed in compliance with the requirements for Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAGAS), and provisions of the Uniform Guidance (single audits). We provide audit services for privately held companies, nonprofit organizations, and state and local governments.
Our Audit Services include:
- Agreed Upon Procedures
- Compliance Audits
- Employee Benefit Plan Audits
- FAR Audits
- Financial Statement Audits
- Fraud Detection and Deterrence Audits
- Forensic Accounting
- Government Audits
- IT Audits
- Operational Audits
- Program Audits
- Single Audits
- Special Purpose Audits
Financial Statement Reviews
At times, a more limited assessment of a company’s finances is needed. With limited assurance through a reduced scope than a full audit provides, a review still evaluates your financial position through some examination of a company’s financial data and procedures. This does help companies understand their position and gain some degree of assurance. We adhere to generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS) for financial statement reviews.
Financial Statement Compilations
A compilation does not include any examination of financial data or internal controls and, thus, no assurance or opinion given. A company’s financial statement is reviewed but it is not measured against indicators within the financial data. This can still be useful for businesses with simple accounting processes and situations. We adhere to generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS) for financial statement compilations.
Are you a Nonprofit Organization?
Explore more about Brady Ware’s services for nonprofits, from regulatory and compliance needs to situational advisory.
Markets We Serve
Explore the industries we serve for small- to middle-market companies nationwide.
AICPA EBPAQC Firm Member
Brady Ware is a member of the AICPA Employee Benefit Plan Audit Quality Center, a voluntary membership organization for accounting firms that perform ERISA employee benefit plan audits.
AICPA GAQC Firm Member
Brady Ware is a member of the AICPA Governmental Audit Quality Center, a voluntary membership organization for accounting firms that perform governmental audits, including those performed under Government Auditing Standards and OMB Circular A-133, Audits of States, Local Governments, and Nonprofit Organizations.
BDO Alliance USA
Brady Ware is an independent member of the BDO Alliance USA, one of the industry’s largest associations of accounting and professional service firms focused on accounting, financial, tax, and business advisory. With more than 800 independent Alliance firm locations, the Alliance represents nearly every state and includes a comprehensive range of specialty services.
Audit Contacts
Explore Brady Ware’s audit experts in our leadership section. You can also sort and filter by office, service, and industries served across Brady Ware.
