An audit is the highest level of service to be performed on the financial statements of an entity. The objective of an audit is to express an opinion about whether the financial statements are fairly presented in conformity with
Generally Accepted Accounting Principles (GAAP).
Huberty and Associates, S.C. audit professionals use a risk-based industry-specific audit approach which is tailored specifically to your operations and reporting requirements. Risk-based audit standards give us a more complete understanding of the your business, industry, and internal controls.
Huberty and Associates, S.C.’s auditors thoroughly understand the process of conducting audits. Audit professionals are also well aware of the importance to maintain objectivity and independence. Every engagement is assigned to the appropriate management and staff based on their level of skill and knowledge of your business. We also schedule planning meetings and provide checklists to help your staff be as prepared as possible and we try keep interruptions to a minimum, as we understand your staff continues to have their daily duties to complete.
We incorporate the latest computer-assisted audit techniques in both the planning and fieldwork stage of the audit to obtain information, identify exceptions and trends and perform high-end analytics to make the audit efficient and valuable. Adequate planning also allows us to timely begin and complete an audit, unless unforeseen issues arise during the engagement.
Finally, we will communicate our findings and provide insights throughout the audit process, in addition to conducting an exit conference. Communication is a key element in our engagements. As an auditor we do not like surprises. We enjoy a smooth, trouble free audit. As a client, we know you expect the same. Accordingly we encourage proactive communications with our clients throughout the year.
What can you expect from Huberty and Associates, S.C.’s audit services?
- Experienced audit teams with industry expertise
- On-going communication throughout the audit
- Valuable data analysis using effective technology tools
- Professional advice
- Pro-active communication throughout the year in response to issues and new pronouncements that arise
- Risk-based focus that includes review of processes and controls
Our audit services include:
- Non-profit organizations
- State and Local Governments
- Community Based Residential Facilities (CBRF)
- Labor Unions
- Wholesale distributing
- Manufacturing
- 401(k) Retirement plans
- Review of Internal Controls
- Agreed Upon Procedures
Community Based Residential Facilities (CBRF)
The CBRF laws require specific compliance in order to receive government funding, and we have specialized auditing knowledge on CBRF compliance and program eligibility. Our auditors are experienced in auditing all aspects of CBRF programs, including:
- Allowable costs
- Allowable profit compliance
- State and county compliance
- Expense allocations
Audit
