AUDITING AND ACCOUNTING of Financial Statement Reports

Your financial statement engagement will be performed by highly experienced CPA’s who will manage your engagement, planning the work and coordinating the efforts of your staff and ours. We have invested in the latest technology and training in order to bring you the most efficient, effective financial statement engagement possible. We have also invested in the resources for benchmarking your data against that of your peers and in industry information related to current and future trends to put your financial statement information in context.

We provide the following assurance services related to your financial statements:

Audits

The objective of an audit is to provide a reasonable basis for the expression of an opinion regarding your financial statements taken as a whole.

An audit represents the highest level of assurance and includes an assessment of the risks that your business faces and the impact of those risks on your financial statements, an understanding of your controls, an assessment of control risk, testing your accounting records, and obtaining documentation for the assertions made in your financial statements.

Review

The objective of a review is to provide a reasonable basis for the expression of limited assurance that there are no material modifications necessary for your financial statements to conform to Generally Accepted Accounting Principles.

A review consists of making inquiries of management and performing analytical procedures on financial data.

Compilation

A compilation consists of presenting in the form of financial statements information
that is the representation of management. No assurance is given as to whether the financial statements conform to Generally Accepted Accounting Principles.

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Read our articles, Ask A Pro, written for the Mukwonago Chief

C&G Joins AICPA Employee Benefit Audit Quality Center

Chortek & Gottschalk LLP has over 20 years of experience in performing employee benefit plan audits. Demonstrating our commitment to the highest quality audits, C&G recently joined the AICPA Employee Benefit Plan Audit Quality Center, a national community of CPA firms that promotes employee benefit plan audit quality and is designed to raise awareness of the importance of ERISA audits. Membership in the Center requires that we design and maintain our quality control systems to meet the Center’s standards. Our team of employee benefit plan auditors stays current in the highly technical practice area by attending continuing education classes specifically for employee benefit plans.