Tailored Auditing Solutions: Independent and Cost-Effective
If you need an independent audit done,
the Wheeler & Egger team places a strong emphasis on early planning
and understanding your business functions. The result? A comprehensive
audit, uniquely tailored to your business, in a cost-efficient, timely
Does Your Organization Need an Audit? If you:
Are a regulated entity, either by incorporation or as a not-for-profit
organization and must file audited financial statements
You are in the process of exploring the feasibility of changing audit firms
want your current audit firm to concentrate on providing non-audit
services to your firm and you need to engage a new auditor
are concerned that your current auditor does not sufficiently
understand your company and industry to perform an effective audit
Contact us today. Our highly experienced team will provide a customized auditing solution for you.
The 8 Principles Our Auditing Process is Based On
audit is aligned with your business functions, not just your financial
processes. Our service is based on eight principles that form the
basis of our audit framework. How they benefit you is described below.
Planning to exceed your expectations by delivering an audit service that provides the greatest benefits to you.
effectiveness by assessing risk properly and planning the appropriate
combination of work, to reach robust audit opinions.
Maximizing efficiency by delivering our audit on time, according to plan, and to budget.
Managing risk effectively by identifying and mitigating risk to an agreed level.
Developing our people by giving them the support and opportunities they need to generate value for you.
technology effectively by maximizing teamwork, communication, and
efficiency through improved knowledge, management and accessibility.
continuously by remaining accessible and responsive to you throughout
the engagement and anticipating and addressing your needs.
Evaluating our performance by holding ourselves accountable and constantly identifying areas for improvement.
principles form the framework for our audit service to you and each
team member is committed to their application throughout the audit
What You Will Receive From an Audit
Advice on remaining compliant with regulations
Advice on controls and processing system weaknesses
Confirmation of accounting treatments with respect to complex transactions
Independent review of externally reported information
reports expressing the professional opinion as to the fairness of the
statements and their presentations in conformity with GAAP
An Audit Versus a Review
Some organizations are allowed to undergo a review instead of an audit. If it is acceptable to the regulating or financing organizations of a business, a review can be a cost-saving alternative.
review differs from an audit in scope and does not provide a
professional opinion of E. Samuel Wheeler, CPA, an independent
Certified Public Accountant, as to the fairness of the statements and
their presentations in conformity with generally accepted accounting
- A review will provide a basis for communicating on any
material modification that should be made to the interim financial
information for it to conform with generally accepted accounting
principles. A review may bring to the accountant's attention
significant matters affecting the interim financial information, but it
does not provide assurance that the accountant will become aware of all
significant matters that would be identified in an audit.
Ready to get started on your auditing or review process? Contact our experienced team today.