At Mowery & Schoenfeld, we know that you need access to timely, relevant, and accurate information to make the best decisions for your business. Our assurance professionals have experience performing audit and attestation services for businesses across industries to offer objective assessments of financial records, business transactions, accounting systems, and internal controls.
Audits offer the most comprehensive level of assurance and are often required by lenders, investors, and sureties. Our audit procedures allow us to gain a deep understanding of your company’s finances, processes, and risks we can then use to provide insights for management to improve internal controls and help manage other risk areas.
We recognize attestation engagements have earned the reputation of being disruptive, costly, and time consuming, draining company resources and hindering performance. But no matter which level of assurance is right for you, Mowery & Schoenfeld structures the engagement to be streamlined and efficient, minimizing the burden on your resources and the disruption to your business.
Our approach to audit and attestation engagements is streamlined and efficient with a goal of easing the burden these engagements can bring. The end result is a smooth, cost-effective engagement with minimal disruption to your business operations. During an audit or review, we will adhere to the following process:
By utilizing the planning and interim stage, we ensure maximum efficiency during the rest of the engagement. With an established and detailed timeline, we provide a comprehensive list of information needed for the audit and we perform interim audit procedures, including any substantive and analytical testing, if applicable. In addition, we use this time to gain an understanding of your business and how you fit into your industry.
We perform our fieldwork as efficiently as possible to minimize disruption to your company. We attempt to wrap up all fieldwork in fewer than two weeks, schedule permitting.
Our associates and senior associates prepare the audited or reviewed financial statements, which our experienced managers then sign off on. An audit partner undertakes a final technical review before we submit the financial statements to you in draft form for approval.
Upon your approval, we finalize the drafted financial statements. We meet with you to present the final audited or reviewed financial statements and address any questions or concerns you may have. During this stage, we also bring up any opportunities for improvement that we identified during the review of your internal control processes and accounting systems.
By choosing Mowery & Schoenfeld, you ensure the integrity and transparency of your financial reporting. Our team of seasoned professionals brings years of experience in conducting thorough and accurate audits across a variety of industries. We have a proven track record of delivering reliable and insightful audit reports that not only meet regulatory requirements but also provide valuable insights for improving your business operations.