Audit, Review and Compilation

Uncovering insights, ensuring integrityAudit, Review and Compilation

Our audit services are not merely about compliance; they are about unlocking potential. By meticulously examining every aspect of your business, we help identify opportunities for growth, efficiency, and improvement.

At Seven Hills CPA, our team of experienced professionals goes beyond mere numbers. We strive to cultivate a profound understanding of your business, enabling us to uncover both challenges and opportunities. Our goal is to forge strong, intimate customer relationships that generate enduring value. We recognize that every business requires unwavering credibility in its financial statements. However, the level of assurance needed by financial statement users varies. Hence, we proudly offer three distinct services tailored to your specific requirements: Audit, Review, and Compilations. Each service is meticulously designed to provide you with the precise level of assurance that aligns with your unique needs.

Moreover, our expertise extends beyond the confines of financial statements, as we provide attestation services that transcend traditional boundaries.

Our audit team operates with unwavering dedication, employing a customized, risk-based approach to ensure that our clients achieve their financial objectives and enhance the overall worth of their businesses. We conduct independent financial statement audits in strict accordance with the esteemed professional standards established by the American Institute of Certified Public Accountants. By adhering to these rigorous standards, we deliver audits that not only fulfill compliance requirements but also empower you with invaluable insights into your financial landscape.

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Navigating complexity, delivering clarity

Client focused,
Results driven

Excellence is not just an act, but a habit. With our audit services,
we strive to embody excellence in every step we take, ensuring accuracy, integrity, and trust.

Audit Services

We offer the pinnacle of financial statement assurance through our distinguished audit services. An audit not only provides the highest level of assurance but also ensures the alignment of your financial statements with the esteemed U.S. Generally Accepted Accounting Principles (GAAP). While statutory audits are obligatory for corporations, it is crucial to recognize that audits are sought after by various organizations due to the stringent requirements of banks, creditors, and investors. These key stakeholders place immense value on an independent auditor’s opinion, seeking validation of the authenticity and reliability of financial statements.

Our auditors assume the role of meticulous guardians, expressing a well-informed opinion on the fair presentation of your financial statements, encompassing all material aspects and adhering meticulously to the applicable financial reporting framework.

Review Services

At Seven Hills CPA, we understand that for many companies and their creditors or investors, a review can offer a practical and cost-effective solution while meeting the requirements of third parties. A review is a streamlined process that primarily entails the performance of inquiry and analytical procedures on financial data, without delving into the examination of internal controls. It is important to note that a review is significantly less extensive in scope compared to an audit but still provides valuable limited assurance on financial statements.

When limited assurance suffices, our dedicated team conducts a thorough review of your financial statements, meticulously examining the data and extracting key insights.

The findings are then compiled into an organized report, providing a clear and concise overview of our evaluation.

Compilation Services

We offer compilation services designed to assist management in presenting financial data in the form of comprehensive financial statements. Unlike audits or reviews, compilations do not involve obtaining or providing assurance regarding the accuracy or reliability of the financial information. Our compilation process serves as the initial phase in the preparation of financial statements, ensuring that the data is organized, structured, and presented in a clear and transparent manner.

By partnering with us for compilation services, you can leverage our expertise to streamline the presentation of your financial information, enabling you to effectively communicate key insights and data to stakeholders. Our focus is to facilitate the accurate representation of your financial position, operations, and cash flows, empowering management with reliable information for decision-making purposes.

Punctuality

Timely reporting ensures timely decision-making

Accuracy

Reliable insights for informed and timely decisions

Efficiency

Saving time and resources, maximizing productivity

Debatement

Fostering critical thinking and informed discussions

Building bridges of confidence through meticulous scrutiny

Unlocking Financial Transparency
Driving Organizational Success

Attestation Services

At Seven Hills CPA, we offer attestation services that go beyond traditional financial statement audits. An attestation engagement involves engaging a Certified Public Accountant (CPA) to provide assurance and validate various aspects of your business operations. In certain circumstances, clients may require an independent auditor to express assurance on matters other than financial statements.

To initiate an attestation engagement, we request a management’s assertion from the responsible party, ensuring clear accountability. The role of our independent auditors in an attestation engagement is to express a conclusive opinion on the reliability of the assertion, which is the responsibility of another party. This process allows us to provide valuable insights and assurances on a wide range of non-financial aspects critical to your business.

Our expertise in attestation services extends to various agreements, including:

Agreed-upon procedures engagements: We tailor our procedures to address specific areas of concern or interest identified by our clients.
Prospective financial statements: We provide assurance on financial forecasts and projections, lending credibility to your future financial outlook.
Reporting on pro forma financial information: We validate the accuracy and reliability of pro forma financial statements, enabling informed decision-making.
Compliance attestation: We assess compliance with regulatory requirements, verifying adherence to industry-specific guidelines and standards.
Management Discussion and Analysis (MD&A): We evaluate the integrity and transparency of your MD&A reports, bolstering investor confidence.

With Seven Hills CPA as your partner in attestation services, you can trust that our rigorous approach and adherence to industry standards will provide the assurance and peace of mind you seek. We go above and beyond financial statements to assess and validate the non-financial aspects critical to your business’s success and reputation.