Accounting and Attestation Services
Do you have an efficient and effective accounting system? Are you maximizing your potential with appropriate bookkeeping and financial reporting? We can provide a wide range of accounting and attestation services to fulfill your needs and help you effectively use your financial data.
- Bookkeeping – We can assist in selecting the proper bookkeeping system and implementing proper accounting methods that best suit your business. We can also support you with your bookkeeping by assisting with proper asset classification, calculating and tracking depreciation, and by resolving your daily accounting questions.
- Compilation – We will compile your financial data in the form of financial statements on a monthly, quarterly, or annual basis. Compilations do not provide an expression of opinion or assurance on the statements but will give your management, shareholders, and banks a snapshot of the Company’s financial position.
- Review – We will compile your financial data in the form of financial statements, including all required footnotes and disclosures, and apply analytical and inquiry procedures to the data. The review engagement is more involved than a compilation but is less extensive than an audit, it provides limited assurance that “we are not aware of any material modifications” for the financial statements to be in conformity with the Generally Accepted Accounting Principles (GAAP).
- Audit and Agreed Upon Procedures – We can provide the highest level of assurance for your company, shareholders, and bankers by performing an objective examination of the financial statements taken as a whole or specific areas of concern within your business. An audit consists of reviewing internal controls, verifying specific information, and transaction testing. We will issue a report that the financial statements are fairly stated and free of material misstatements. We can also examine a specific area of your business or internal controls to give you assurance on that particular area of risk.
We place an emphasis on understanding your business to deliver value beyond financial reporting and will provide guidance for the most appropriate level of financial reporting that will contribute to your overall success. We have experience in all areas of financial reporting, and will comply with all AICPA regulations to conduct our attest services.
The AICPA recommends a peer review, which is a periodic outside review of the quality control system in accounting and auditing at our firm. We are pleased to report that we have passed all reviews conducted, and Hansen House Company strives to maintain this high level of quality services.