Reviews, Audits, and Compilations
Are you interested in a detailed third-party review of your financial records or internal controls? Whether this service is required by investors and creditors, or you would like a review for your purposes, our Rock Hill CPA firm can provide professional assurance services that are both detailed and affordable.
At Faulkner and Thompson, P.A., we are committed to helping our business clients prosper and are proud to serve the community of Rock Hill, Charlotte, and the surrounding areas. Our CPA firm has been providing expertise to the business community for more than 25 years, and we are licensed to practice in both North and South Carolina. While our review, compilation, and audit services are often required to meet a third-party mandate, our goal is to provide you with long-term value during every step of the assurance process.
Professional Financial Reporting Services
Our financial specialists at Faulkner and Thompson, P.A. provide external auditing, reviews, and compilations because we understand the importance of financial reporting when developing strategic partnerships for growth. Our expertise, energy, and attention to detail allow our team to provide assurance services to businesses of all sizes in both North and South Carolina.
An audit is the highest level of assurance we provide. It will include a complete overview of financial statements, internal controls, and accounting records. Depending on your industry, a physical inspection may be performed to observe your company’s inventory-counting methods or other aspects of financial management. Our team will go over sales receipts, expenses and cash disbursements, and payroll systems.
A review provides limited assurance, ensuring that there are no material modifications that should be made to your financial reporting or accounting procedures. We provide a variety of analytical procedures to help our clients and third-party investors get a better understanding of a company’s financial health. Because a review is more limited than an audit, we do not provide an opinion about the accuracy of the financial statements presented.
During the compilation process, our firm will create financial statements of more limited scope, to gain a general understanding of your accounting principles and financial reporting system. Our professionally-drafted financial statements don’t express our opinions or assurance about the accuracy of the financial statements presented.
Audit and Assurance for Public and Private Companies
Our offices are conveniently located in Rock Hill, just minutes from Interstate 77. Our financial statement assurance team is here to help with your audits, reviews and compilations, as well as financial consulting and accounting services. Please contact Faulkner and Thompson, P.A. to schedule your initial consultation.