Bankers, purchasers and government agencies often require assurance on the reliability of financial information. Usually that financial information is in the form of financial statements. Sometimes only selected financial information such as an inventory schedule requires substantiation. Or a different type of statement such as a net worth might need assurance.
Audits and Reviews
When we conduct an audit or review we also provide the company with a management letter. These letters inform management of the opportunities that exist in their companies to improve their financial operations in terms of controls, efficiencies, cost-effectiveness and compliance with government regulations.
Control Evaluations
When we conduct a control evaluation we review an organization’s system of internal controls designed to minimize the risk of error, fraud and unauthorized transactions.
Additional Compliance Services
Compliance services relate to the filing of returns required by various levels of government in accordance with their laws, rules and regulations as well appropriate payment to various levels of government. In addition McLarty & Co liaises with government agencies on behalf of clients and assists clients with government audits.