Mantyla McReynolds - Certified Public Accountants (CPA)

Audits & Reviews

An audit, performed in accordance with generally accepted auditing standards, provides the highest form of reliability which CPA’s can give with respect to financial statements. We plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We examine underlying accounting records and internal controls. We express an opinion as to whether the financial statements are in conformity with generally accepted accounting principles. Often, creditors and vendors will require audited financial statements as part of their agreement.

A review is less in scope than an audit. During a review, we perform analytical procedures and interview management to determine if the financial statements appear reasonable. We do not examine underlying accounting records or internal controls as in an audit. We provide assurance that the financial statements would not require material adjustments to be in conformity with generally accepted accounting principles.

A compilation with full disclosures is less in scope than a review or audit. This service includes developing financial statements from your records with note disclosures. We do not audit or review the financial statements. We do look for obvious departures from generally accepted accounting principles.

Internal Control Evaluations

An often overlooked responsibility of the company management team is to establish and maintain a system of internal control. It is natural to trust everybody and believe it is only others that have trouble with employee errors, fraud and misrepresentations. The people who don’t have problems are those who plan ahead by implementing an internal control system. Does your company have the best segmentation of duties based on your size? Frequently it takes another pair of eyes to look over your operation and give suggestions to save yourself and a former employee great heartache.

Internal control evaluations can go hand in hand with the Business Advisory Services that we can provide by helping you select and implement the best accounting software for your needs.

Fraud Investigations / Litigation Support

Despite everyone’s best efforts, there are those unfortunate times when it appears that an employee cannot be trusted. It is those times that a CPA can become an invaluable aid in investigating concerns that you might have. Though it is impossible to guarantee that all frauds will be uncovered, you need the aid of a professional that can and will search for them.

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