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Assurance Services

Faucett, Taylor, & Associates, LLP performs attest and other accounting services with a value-added approach in a timely and efficient manner. Assurance services provided include:

  • Audits
  • Reviews
  • Compilations
  • Agreed-upon procedures
Faucett, Taylor & Associates LLP will assist you in determining whether an audit, review, or compilation is appropriate for your situation. Often, a bank or other lender requires a certain level of assurance provided by an audit, review, or compilation, to obtain or maintain financing.

The Faucett, Taylor & Associates LLP advantage is our extensive audit experience combined with our focus on long-term relationships with our clients. Close partner involvement and a continuity of the audit engagement team is key to our view of the assurance engagement as a partnership with your company. Working together on an ongoing basis, we can identify opportunities for growth and develop those opportunities.

A review is less detailed than an audit, and is performed using analytical procedures and inquiry. A review can be of service where some assurance is needed, but a full audit is not necessary.

Compilations involve putting the information a company or individual gives us into financial statement form.

Agreed-upon procedures are for a client who does not need an audit, review, or compilation, but needs the involvement of independent accountants. Specified elements within the financial statements or lease agreement compliance are two common areas that might require an agreed-upon procedures engagement.

We are a leader in accounting and tax matters for the commercial real estate and construction industries. However, our experience is diverse, with a rapidly expanding client base that includes the manufacturing, distribution, insurance, and health care industries. In addition to traditional financial statement audits, we also perform audits of employee benefit plans, internal control audits, and efficiency audits. We also perform due diligence for mergers and acquisitions.
 

 
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