Simple, Transparent Pricing for
Financial Statement Audits

Formal engagement letter, independence confirmation, predecessor auditor communication (if applicable), AICPA ethics compliance check

Documented strategy memo covering scope, materiality threshold, risk areas, planned procedures, team assignment, and timeline

Live video call with your CFO/controller to align on scope, PBC list expectations, key risk areas, and audit timeline

Identifying where material misstatements are most likely to occur; assessing the strength of your internal controls over financial reporting

Computing overall materiality, performance materiality, and clearly trivial threshold - documented in the audit file per AICPA standards

Brainstorming sessions, management inquiries, and analytical procedures specifically focused on fraud risk identification and response

Documentation of your business model, industry, competitive environment, key contracts, and accounting policies per AU-C 315

Tracing a single transaction through each major cycle (revenue, purchasing, payroll, cash) to understand and document key controls

Direct confirmation to every bank and financial institution confirming cash balances as of year-end; all accounts included regardless of count

Direct confirmation to significant AR balances; analysis of aging schedule; evaluation of allowance for doubtful accounts

Testing that revenue is recognized in the correct period, completely, and accurately per ASC 606 (or applicable standard)

Testing significant expense accounts for completeness, accuracy, and proper period cut-off

Search for unrecorded liabilities; AP confirmation procedures; accrual cut-off testing

Direct confirmation to all lenders; reconciliation of interest expense; review of loan covenants for violations

Testing additions, disposals, and depreciation expense; reconciliation of fixed asset register to general ledger

Testing payroll expense to supporting payroll registers; confirming officer compensation is properly authorized and disclosed

Identifying, reviewing, and disclosing all related party transactions per AU-C 550

Confirming changes in equity during the year; distributions, contributions, stock issuances, and retained earnings reconciliation

Testing right-of-use assets and lease liabilities for completeness, accuracy, and proper classification under ASC 842

Testing deferred tax balances; evaluating valuation allowances; reconciling book-to-tax differences per ASC 740

Cycle-count observation or perpetual inventory testing; cost layer testing (FIFO/LIFO/WAC); lower-of-cost-or-NRV analysis

Testing multi-element arrangements, subscription models, milestone-based contracts, and variable consideration under ASC 606

Testing elimination entries, intercompany transactions, non-controlling interests, and minority interest calculations

Fair value measurement testing; Level 1/2/3 hierarchy documentation; unrealized gain/loss verification

Obtaining written representations from management confirming completeness of information provided and their responsibility for the financial statements

Evaluating whether the entity can continue as a going concern for 12 months beyond the financial statement date; required disclosure if doubt exists

Review of events between year-end and audit report date that may require adjustment or disclosure in the financial statements

Testing and reconciling prior year financial statements presented for comparison purposes

Your formal audit opinion signed by the licensed CPA of record - the deliverable lenders, investors, and regulators require

Written communication of all significant deficiencies, material weaknesses, and control recommendations identified during the audit - separate from the audit opinion

A clear, plain-English summary of audit findings, any adjustments proposed, and any areas requiring management attention

A schedule of all audit adjustments identified during testing, with explanations and the corrected account balances

The complete, indexed, organized audit workpaper file - available for inspection by regulators, peer reviewers, or successor auditors

CPA firm of record is enrolled in AICPA Peer Review Program (active satisfactory rating); all engagements run under SQCS No. 8 QC system; audit file available for peer reviewer inspection

Independent second-partner review of all workpapers and opinion before issuance, required under AICPA QC standards for higher-risk engagements

Filed copy of the signed management representation letter - retained in audit file as required by AICPA standards

A named audit senior who leads your engagement from planning through issuance - same person throughout, not rotated mid-engagement

An engagement partner reviews all workpapers and issues the final audit opinion - independent of the preparation team

Direct email and Zoom, teams access to your audit senior throughout - no ticketing system, no call center

A comprehensive, customized document request list specific to your business - sent at engagement start so you know exactly what to prepare

Encrypted portal for all document exchange - no email attachments, no unsecured file shares

Proactive weekly email updates on audit progress, outstanding items, and estimated completion

A video call to walk management through all audit findings and proposed adjustments before the final report is issued

Reach your named audit senior at any time during the engagement - no support tickets, no call center queues. Ask questions, request clarifications, or discuss accounting issues via email, scheduled call, or video meeting with no extra charge.

Regular structured calls scheduled at your convenience throughout the engagement - weekly, bi-weekly, or as needed - to review open items, address questions, and keep the audit moving on timeline.

A dedicated engagement email address monitored by your audit team - submit questions, send documents, or flag issues anytime. All emails acknowledged within one business day.