An audit is usually required for industry compliance, or at the request from a lender, inactive or absent owner, vendor or other party in need of verifying your financial statements, under generally accepted auditing standards includes an examination of evidence supporting the amounts and disclosures. An audit assesses the accounting principles used and significant estimates made by management and evaluate the overall presentation. The objective of an audit is to provide a reasonable basis for expressing an opinion about whether the financial statements, taken as a whole, are presented in conformity with generally accepted accounting principles.
At R.T. Belarmino & Co., CPAs, we view an audit as a valuable management tool—the opportunity to help you improve profitability, and strengthen your business and administrative practices. Our audit approach combines a keen understanding of the changes being brought about by today's competitive business environment and our experience in evaluating the risks you face on a daily basis. Our goal is to provide the maximum return on your investment in the audit process through in-depth analysis of your financial statements, internal controls, and overall business. It have added benefits for clients far beyond their immediate compliance function. They bring credibility to your financial picture. They communicate information objectively and in a way that makes data easier to find and understand. Beyond these basics, they provide insight so that you can improve your business. These benefits also apply to our other assurance services.
We work hard to maintain high standards of professional practice, including a strong system of quality control that emphasizes independence and objectivity and includes many control features that exceed our profession’s requirements.
