Audit & Assurance
Gain trusted financial insights into your business.
We offer any level of assurance based on our clients’ requirements. From compiling financial statements to full audits, our team can support whatever level of assurance you require.
What We Do
Independent audits, reviews, compilations, agreed-upon procedures, employee benefit plan audits, Single Audits, SOC readiness/attestation, internal control reviews, and industry-specific compliance reporting.
Audits
An audit provides the highest level of assurance through a methodical, independent examination of your financial statements. It verifies selected information, evaluates internal controls, and tests key assertions to confirm accuracy, compliance, and reliability for stakeholders and transparency.
Compilation
A compilation organizes financial data into statements as a representation of management, without providing assurance or an opinion. We apply accounting knowledge and a general understanding of your business to present the information clearly and consistently for users.
Agreed Upon Procedures
An agreed-upon procedures engagement targets specific objectives defined by you and the CPA, rather than broad assurance. We perform and report only the procedures requested—for example, testing expenses for grant reimbursement, so results are precise, transparent, and highly focused.
Review
A review offers limited assurance by applying analytical procedures and inquiries to your financial statements. If something appears inconsistent or unusual, we expand our procedures as needed to address the issues while remaining less extensive than an audit.
Examination
This provides an independent opinion on whether the matter conforms to specified criteria. The CPA designs procedures to reduce the risk of undetected material misstatement to a low level, gathering evidence comparable to an audit’s assurance.
Other
If you have any other questions regarding our Audit & Assurance services, please get in touch. Our industry coverage and tailored plans cover a wide variety of industries and can help customize a plan that best suits your goals.
Why does my organization need assurance services?
Your organization needs assurance services to ensure compliance with laws and regulations, identify weaknesses in internal controls, enhance credibility with stakeholders, provide assurance on financial statements' accuracy, and facilitate informed decision-making on financial performance and risk management.
Employee Benefit Plan (401(k)) Audit Services
FAQs For Benefit Plan Audit Services
Our audit and assurance division specializes in these industries:
- Construction
-
Governmental
-
Municipalities
-
NYS School Districts
-
Manufacturing & Distribution
-
Not-for-Profit
-
Transportation
Railroad
-
Small Businesses
How can assurance services help your business?
Reliable financial information builds trust with lenders, investors, boards, and your own leadership team.
Our Audit & Assurance practice delivers clear, independent reporting and practical insights so you can make decisions with confidence and meet regulatory requirements without the runaround.
"Working with Carl Austin of Bowers has been transformative. When introduced to Carl by the seller of a company I was in the process of buying, I was wary that his support might be one-sided. However, my concerns were swiftly dispelled! Carl not only facilitated our deal but his team has provided comprehensive financial services and business advice that has been instrumental in my journey as a business owner. Their team cares as much about our success as I do. They are vested in us personally, and that means a lot. Their personalized approach and vast resources make them more than just advisors—they're true partners in success."
Michael Bower, Eagle Metalcraft
Get in touch with us.
We are here when you need us and even when you don’t. Our clients’ success is our success. Do you want to learn more about our team and how we can help you? Simply call or submit your information below to schedule a free consultation.