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We have a
full-time audit staff dedicated to providing audit
services year round. This allows us to provide audit
services during the traditional CPA’s tax season and do
so on a timely basis. Additionally, we are available to
answer any of your audit related questions throughout
the year.
Rukkila
Negro and Associates has extensive experience with
auditing, reporting, and compliance requirements for
cities, townships, school districts and nonprofit
agencies. We also provide audit services to insurance
companies, retail pharmacies, and pension & profit
sharing plans. We can provide you with cost effective,
comprehensive quality service. Our involvement includes
the normal audit function, as well as providing
accounting systems setup, installation, training and
support, and consulting services as needed. We offer a
wide range of services including the evaluation and
computational analysis of employee benefit programs.
What is an Audit?
An audit
provides the highest level of assurance. An audit is a
methodical review and objective examination of the
financial statements, including the verification of
specific information as determined by the auditor or as
established by general practice. Our work includes a
review of internal controls, testing of selected
transactions and communication with third parties. Based
on our findings, we will issue a report whether the
financial statements are fairly stated and free of
material misstatements.
What is a Review?
A review
consists of performing inquiry and analytical procedures
that provide us with a reasonable basis for expressing
limited assurance that there are no material
modifications that should be made to the financial
statements in order for them to be in conformity with
generally accepted accounting principles.
What is a Compilation?
A
compilation provides the lowest level of assurance. It
is, presenting in the form of financial statements,
information that is the representation of management
without attempting to express any assurance on the
statements.
Click on
the subjects below to learn more about specific audits,
and related topics:
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