Auditing & Assurance Services
Whether you’re working through a merger, searching for funding, or just want a second look from an outside financial and corporate accounting professional, DMJPS is ready to provide the assurance services you need.
Let’s get started today.
Audit & Assurance
Independent assurance and auditing services provide the peace of mind you need to make informed financial decisions with confidence. Whether you’re working through a merger, searching for funding, or just want a second look from an outside financial and corporate accounting professional, DMJPS is ready to provide the assurance services you need.
Assurance You Can Rely On
When considering auditing and assurance firms, reputation is important. Auditing is one of the most important services provided by our firm. This is an attest function, the only area requiring practitioners to be Certified Public Accountants. Our CPAs examine financial records, transactions, and procedures to ensure that a company’s financial statements properly reflect its position as of the audit date.
When the Audit Report is delivered, our work is just beginning. An audit performed by an independent CPA is suggested for many reasons. An audit report is an excellent management tool which provides current, tested information for proactive decision-making. Experienced DMJPS professionals provide guidance and advice for using the audit report information to a profitable advantage. A management letter making suggestions for even greater improvement is also part of the audit.
More than any other document, the audited financial statements reveal a reliable financial picture of a business. When our firm completes an audit, we attest to the information presented. Our professional reputation is staked on each and every report, so your business – and bankers, creditors, and investors – can depend on our work.
Financial Statement Audits
As a business owner, there are times where your capital needs require you to assure third parties about the accuracy and reliability of your financial statements. Banks make loans based on financial information you provide to them, while investors rely on management provided financial statements to drive their decisions. When significant dollars are involved, your ability to create a high level of confidence in your financial representations is critical.
At DMJPS, our experienced accounting and auditing teams provide audits according the high standards set forth by the AICPA. We have industry specific experience that allows us to bring unique insight to the audit process, ensuring that both internal and external audiences receive value from the process. Our audit teams work to build long-term relationships with our clients, allowing us perform effective and efficient financial audits, while making value added management comments and recommendations that will enhance your business and financial operations.
We offer a full range of specialized Auditing & Accounting services:
Employee Benefit Plans
Agreed Upon Procedures Engagements
When your company needs assurance over an area of financial reporting, but may not need the level of broad assurance provided by a full financial audit, an agreed upon procedures engagement can provide tremendous value. Companies and third parties utilize agreed upon procedures engagements for a variety of reasons including providing a level of internal and external assurance regarding very specific subject matter. Agreed upon procedures are helpful for companies that might have concerns about a single aspect of their financials, internal controls or financial reporting, or want to have a third party review of specific financial reporting for the benefit of a specific contractual relationship.
In an agreed upon procedures engagement, the auditor follows a predetermined process and scope and issues a detailed report with the results of those procedures.
Our professionals can provide agreed upon procedures engagements to provide the assurance you need for any financial or operational reporting issue. We work with our clients to identify and perform set procedures to assist our clients in evaluating certain subject matters based upon their needs. Our team is experienced in developing and carrying out engagements that provide insight and value to our clients.
Reviews and Compilations of Financial Statements
A review applies inquiry and analytical procedures to management-furnished data. It provides limited assurance and is designed to see whether the financial statements “make sense” without applying audit-type tests to management’s representations.
Internal Control
When internal financial controls are poorly designed or adherence becomes lax, your organization will experience increased risk from fraud, lack of compliance and incomplete or inaccurate financial data.
At DMJPS, our audit and assurance teams specialize in helping businesses mitigate financial risk with well- designed and monitored systems of internal control. We help clients develop control processes which identify, address and mitigate the areas of greatest risk, providing them with a plan to reduce incidences and impact of financial fraud or mismanagement.
There are risks you can’t control and risks you can control. Leaving the security and reliability of your financial accounting system to chance is a risk you can’t afford to take.
- Assurances about compliances with regulatory or contractual requirements, internal policies or other specialized criteria
- Compiled interim financial reports and bookkeeping
- Business valuation engagements
- Government auditing standards and single audits
- Projections and forecasts
- Peer Review