Audit & Assurance
Audit & Assurance
At Verity CPAs, we put your needs first by offering tailored assurance services that provide clarity and confidence in your financial reporting. Our team stays ahead of evolving accounting standards and regulatory requirements, ensuring your financial information is accurate, reliable, and meaningful. Whether through audits, reviews, or specialized attest engagements, we help you navigate complexities, understand internal controls, and build trust with stakeholders.
Our Expertise
Nonprofit Audits – Compliance and financial audits for charities, foundations, and associations.
Private Company Audits – Financial statement audits for privately held businesses.
Employee Benefit Plan Audits – 103(a)(3)(c) ERISA audits for 401(k) and 403(b) plans.
Single Audits (OMB Uniform Guidance) – Compliance audits for organizations receiving federal funds.
Financial Statement Compilations – Preparation and presentation of financial statements without assurance.
Insightful Audits, Trusted Assurance
Our approach to audit and assurance services leverages the latest technology. Specifically, we use advanced data analytics and AI to streamline procedures and deliver efficient, timely results.
Our approach encompasses the following high-level stages:
Pre-Planning Activities
Planning Activities
Fieldwork
Then, we conduct detailed testing, examine source documents, and perform analytical procedures. We complete this work either onsite or remotely, depending on your needs. We carefully schedule fieldwork to align with personnel availability. Throughout this phase, we maintain regular check-ins with management and the board to keep everyone informed and aligned.
Reporting and Wrap-Up
Finally, we complete the audit file and conduct quality control reviews. We address any remaining feedback from management or the board. We present the final report on financial statements and internal controls. As a result, your organization receives clear insights and a reliable foundation for decision-making.
With Verity CPAs, you can trust that every step of the audit process is handled with precision, transparency, and professionalism, delivering the clarity you need to move forward confidently.