Audit and Assurance

A fundamental base for any organization lies in an accurate and reliable financial reporting process. MacNell Accounting & Consulting provides financial statement services on all three levels of assurance to help your organization meet its needs.

Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.

A review engagement, involves analytical procedures and makes inquiries to ascertain whether the information contained within the financial statements is correct. The result is a limited level of assurance that the financial statements being presented do not require any material modifications.

Compilations are a presentation of financial statements based on the representations made by management, with no effort to verify this information. They do not offer assurance but may involve some adjustment to accounting records.