Accountant for Financial Statements Audits
The accountants at Cook CPA help California stockholders, creditors, and private investors be sure the financial statements are accurate and true.
Why an Audit From Cook CPA?Cook CPA’s Common Sense, Uncommon Service philosophy defines the way that we approach the entire audit process. Our Common Sense approach arises from the multitude and variety of audits we have performed for various companies over the past 25 years. Our Uncommon Service appears in our curiosity about what makes your business unique and in the enjoyment we get from working with all types of business professionals; this high quality of service leads us to easily assess your office morale and the interactions of your staff so that we are able to address all of your audit concerns. The tone at the top is an essential part of critically designing the proper procedures for your company’s audit. As each company is unique, many of the procedures will be devised just for your operation. In order to understand your company, we interact directly with the employees, getting to know their responsibilities, their perspectives and their particular concerns. We provide feedback on both your employee’s performance and their internal processes over transactions, as well as, the big picture concerns from our multifaceted analysis. All of this feedback increases the overall effectiveness of your audit. So, with a Cook CPA audit, we truly enjoy learning about, as well as working with, your company and the people you depend on to keep your company moving forward. Stockholders, creditors, and private investors often need assurance that the financial statements accurately represent the true financial position of a company. Your stockholders, creditors, or private investors have different levels of risk tolerance, so we provide three levels of assurance to meet your needs.
Audit – Highest Level of AssuranceAn audit provides the highest level of assurance. An audit is a methodical review and objective examination of the financial statements, including the verification of specific information as determined by the auditor or as established by general practice. Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements. An Audit allows you to…
- Satisfy stakeholders such as employees, customers, suppliers and pressure groups, as well as the investing community, as to the credibility of published information.
- Facilitate the payment of corporate tax, goods and services tax, and other taxes on-time and accurately, thereby avoiding interest, penalties, and investigations.
- Comply with banking covenants.
- Help deter and detect material fraud and error.
- Facilitate the purchase and sale of businesses.
- Your customers, to check outstanding receivable balances,
- Your banks, to confirm cash or debt balances and terms,
- Your vendors, to verify outstanding payable balances, and
- Your attorneys, for information on pending or threatened legal action.