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Audits
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Audits
When you need an audit firm, you want one with experience, a proven track record, and a reputation for getting the job done right. That’s exactly what you’ll find at SD Associates, P.C. Our audit firm in Bucks County, Montgomery County, Philadelphia, and the surrounding areas has been providing excellent service for over 35 years, and we’re ready to put our experience to work for you. We offer a full range of audit services, including financial statement audits, internal audits, compliance audits, and more. We also offer a variety of other accounting services, such as bookkeeping, tax preparation, and consulting. No matter what your needs are, we’re here to help. Get in touch with our financial experts today to schedule your consultation.
It may seem like a lot of work to go through an audit, but the truth is that it can save you a lot of money and headaches in the long run. One of the biggest advantages of audit, it offers assurances to the owners, investors, shareholders etc. The owners of the business will be assured about the accuracy of their books of accounts. Moreover, audit helps in the detection and prevention of errors and frauds, as it creates a fear to be discovered. An independent audit gives greater credibility to a company’s financial records through written assurance from an unaffiliated source.
Why enlist a professional audit firm in Bucks County, Montgomery County, or Philadelphia? The answer is simple: because you want the job done right. At SD Associates, P.C., we have a team of highly experienced and qualified financial experts who are ready to help you with all of your audit needs. We’ve been in business for over 35 years, and we have a proven track record of providing excellent service to our clients. Our team is committed to helping your business succeed, and you can rest assured that we will work diligently to ensure that your audit is conducted in accordance with generally accepted accounting principles.
Some businesses may need to perform an audit of their financial statements, but there are cases where a review is all that is required. Review engagements may not provide the same level of assurance as an audit, but they tend to be more efficient.
Our team of financial experts have an in-depth knowledge of financial statement audit services, including audits, reviews, compilations, and preparation engagements. We will take the time to fully review the needs of your business and present your financial statements in accordance with generally accepted accounting principles (GAAP), or other comprehensive basis of accounting (OCBOA). Our efforts will result in an efficient process, and you will receive meaningful feedback related to your financial statements and your business.
Nonprofits or governmental organizations with federal expenditures in excess of dollar limitations are required by law to perform a single audit. This can include an audit of not only financial statements, but also federal awards. Our team of professionals can help your organization successfully navigate the single audit process. We’ll advise you on topics like compliance issues and reporting packages for submission. With years of experience performing single audits, you can be sure that your organization is on the right track with SD Associates, P.C..
What is an audit?
An audit is a comprehensive review of your financial statements and records. The purpose of an audit is to ensure that your financial statements are accurate and free of errors. Most financial audits occur once a year.
What are the different types of audits?
There are four main types of audits: financial statement audits, compliance audits, operational audits, and investigative audits. Financial statement audits are the most common type of audit. They are conducted to ensure that a company’s financial statements are accurate and free of errors. Compliance audits are conducted to ensure that a company is following all applicable laws and regulations. Operational audits are conducted to assess a company’s internal controls and procedures. Investigative audits are conducted to investigate allegations of fraud or misconduct.
What is the difference between an audit and a review?
An audit is a comprehensive review of a company’s financial statements and records. A review is a less intensive examination of a company’s financial statements.
Unparalleled service: From our personalized service to our cutting-edge technology, our team at SD Associates, P.C. offers a level of service that is unmatched by our competitors. We have been in business for over 35 years, and we have a proven track record of excellence. When you need a Bucks County audit firm, you can trust SD Associates, P.C.
High professional standards: We adhere to all of the American Institute of Certified Public Accountants (AICPA) auditing standards, guidelines, rules and regulations. Our quality control system has been reviewed by the Pennsylvania Institute of Certified Public Accountants and has received the best possible rankings.
Wide client base: We have a wide range of clients, from small businesses to large corporations. We understand the unique needs of each type of business, and we have the experience and expertise to provide high-quality services to all of our clients.
Accessibility: Our team strives to be as accessible to our clients as possible. We offer a variety of communication channels, including email, phone, and video conferencing. We want to make sure that you always have access to the information and resources you need.
At SD Associates, P.C., we’re proud to offer exceptional audit services in the tri-state area. Our service areas include, but are not limited to:
If you need comprehensive and reliable audit services in Philadelphia, Bucks County, Montgomery County or the surrounding areas, look no further than SD Associates, P.C.. We have the experience and knowledge to help your business succeed. Contact us today to schedule a consultation and take your business’s finances to the next level.
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