“Experience is the Difference®”
AUDITS, REVIEWS & COMPILATIONS
An audit gives you the credibility you need when dealing with banks, investors, and partners. Our audit philosophy is based on integrity and adherence to all professional standards, regulations and laws. Our objective is to express a fair presentation of the financial position and operational results of our clients. It can be a powerful tool used to improve business operations and bottom-line results.
We provide expertise in not-profit industries and organizations – including arts and cultural, environmental protection, health and welfare, religious organizations and independent schools. Our work with 501(c) organizations represents more than 60% of our audit practice. We are oriented and equipped to provide quality service to these entities at a reasonable and predictable cost.
For entities that do not have an outside requirement for an audit, a review is an alternative level of assurance. We review financial statements, make inquiries of management and performing analytical procedures. Our review report expresses limited assurance that your financial statements conform to accepted accounting principles.
Compiled financial statements represent the entry level of service Gunnip & Company can provide with respect to financial statements. We provide presentation of financial data in the form of financial statements, including balance sheets, profit and loss statement, statement of cash flow, and footnotes. Compiled financial statements are often prepared for privately-held entities that do not need a higher level of assurance expressed by the CPA.