Do you need financial statements prepared to meet certain requirements for external parties such as investors and shareholders?

Our experienced staff can help you determine what type of statement best meets your needs. We can then guide you through the process and help provide assurance to the readers of your financial statements.

Most often for external parties you need more than just a basic financial statement. We can provide a Review Engagement financial statement with disclosures based on Generally Accepted Accounting Principles (GAAP), which provides more assurance to your investors and shareholders than a basic financial statement. Alternatively, your investors and shareholders might want the level of assurance that an audit provides.

The benefits of an annual year-end audit are many. The audit:

• provides a management letter with recommendations for improvements to internal controls
• reduces the risk of filing an incorrect or inaccurate corporate tax return
• increases the reliability and credibility of your financial statements, which is critical if your shareholders plan to:
  • seek financing from a third party
  • sell their shares
  • request some form of government financing
  • issue an initial public offering (IPO) into the stock market.

At Andrews we have nearly 30 years of experience taking care of the accounting needs of our local, regional and international clients. If your investors and shareholders require the assurance of a full audit, then our Audit & Assurance team can provide what you need, delivering efficient and effective financial reporting assurance work.

Our annual audit process includes recommendations that will save time and efficiencies that will result in cost savings and streamlined processes.

Please see Audits for Not-for-Profits for more information.