![]() Learn about the Codification and how to use it here. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. generally accepted accounting principles (GAAP). With required notes to the financial statements, our report provides an opinion on the financial statements. ACCOUNTING STANDARDS CODIFICATION On July 1, 2009, the FASB Accounting Standards CodificationTM became the single official source of authoritative, nongovernmental U.S. Notes to the financial statements are required. The financial statements usually include a balance sheet and statements of operations and cash flows. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Close this window This site uses cookies to store information on your computer. Our scope of procedures can be limited where materiality considerations permit. ASB Auditing Standards Board ASB is the AICPA’s senior committee for auditing, attestation, and quality control applicable to the performance and issuance of audit and attestation reports for non issuers. The procedures we perform are governed by the AICPA, with many mandatory procedures. While many “accountants” may offer assistance in preparing financial statements, only a licensed CPA is recognized to perform an audit in accordance with generally accepted auditing standards.Īudit procedures include testing and analysis of internal accounting controls, evaluation of financial statement risks and materiality, verification of amounts through correspondence with third parties, and examination of third-party documentation for transactions. ![]() Audit - The Highest Level of Assurance We ProvideĪn audit of your organization’s financial statements is the highest recognized level of service provided by certified public accountants.
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