COLUMBIA MD ACCOUNTANTS
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​Audits

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Audits are typically performed for businesses that need objective and reliable reporting on their financial handlings throughout the course of their operation. Audits are often done for the benefit of regulators and investors to see how the firm or organization is spending funds that come from an outside source. When we help clients perform audits, we do so with detail and thoroughness that ensures nothing is missed that could cause future turmoil.
 
Accuracy
When we conduct audits for clients, we aim to provide trusted and thorough reports and outcomes on our findings. The accuracy needed to conduct audits is of utmost importance and failure to provide detailed information can lead to discrepancies and miscalculations. To avoid this, we comb through the files and reporting systems we have available when conducting audits, outline our findings, and provide detailed feedback that is both accurate and substantiated by the information we had to support our work or the new findings we have obtained from the duration of our fieldwork.
 
Assurance
Financial assurance is established through audits that give organizations more credibility in their financial dealings and business functions. When financers or investors put their money into an organization, they want the assurance that what they are spending their money on is worthy and returns on investment. To do this, assurance is established with audits by outlining where, when, and how the money was spent. Audits are able to manage the relationship between financers and organizations because it creates transparency in the spending and budgeting of the funds being used.
 
Procedure
The procedure for auditing is quite simple but does require some steps to ensure that we have the right tools and resources to begin our work. When the auditing begins, we will start by requesting financial documents which include reports, transactions, receipts, transfers, invoices, and much more. We recommend clients to always keep bookkeeping records of such financial dealings, especially if operating a business. Once we have obtained these records in full, we can begin by preparing a plan for the audit itself, what we are looking for and what details in your financial dealings might be missing. Once completed, we will provide transparent details on our audit plan so you are aware of what to expect and provide us, then we will conduct our fieldwork to find any further details. When our work is completed, we will compose a draft report of our findings and provide them to you as the closing results of our overall audit.
 
Professionalism
With our auditing services also comes dependable professionalism that can't be matched elsewhere. We provide the city's more reliable auditing services that are conducted to a high standard of professionalism and quality. You can trust our team of accountants, not only for our personable demeanors but also for our impeccable and unbeatable auditing work as well. Our services and accountants are held to an expert standard, so you should expect to get nothing short of professionalism when working with us.
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COLUMBIA MD ACCOUNTANTS
443-315-2304
​Columbia, MD
  • Home
  • Our Services
    • ​Tax Preparation
    • ​Accounting
    • ​Bookkeeping
    • ​Payroll Services
    • ​Financial Planning
    • Audits
  • About Our Company
  • Get In Touch