FINANCIAL STATEMENT AUDITS
FINANCIAL STATEMENT AUDITS
CPA Audited Financial Statements
In a world where trust is paramount, businesses of all sizes rely on financial statement audits to provide assurance to stakeholders, boards, and regulatory bodies. At CKH Group, we offer comprehensive audits that go beyond mere compliance.
As a leading CPA firm based in Atlanta, we take pride in offering audits designed to:
- Enhance financial transparency
- Meet compliance with regulatory requirements
- Boost stakeholder confidence
What is a Financial Statement Audit?
A Financial Statement Audit is a reasonable assurance opinion provided by an auditor on whether the financial statements are presented fairly, in all material respects, according to the applicable reporting framework. These audits are subject to generally accepted auditing standards (GAAS) issued by the AICPA.
In general, financial statement audits are performed to ensure that the financial records are a fair and accurate representation of which they claim to represent.
What is the Purpose of a Financial Statement Audit?
The purpose of this audit is to add credibility to the reported financial position of a business. Lenders and suppliers may require them in order to be willing to lend funds or extend trade credit. The Securities and Exchange Commission also requires that all public entities file annual audited reports. The purpose of receiving an external audit is to meet the requirements of stakeholders and gain assurance on your reported financial statements.
Why are Financial Statement Audits Important?
Routine financial statement audits ensure that companies are following reporting standards and, more importantly, that they are being truthful and honest about their financial position. Audits are usually required and often crucial for shareholders and lenders as well as consumers and suppliers. Aside from this, an audit like this can improve the company being audited. It can help identify inefficiencies, establish monitoring procedures, meet compliance requirements, improve production, and address the risk of fraud.
Why Choose CKH Group?
CKH Group’s Audit Services are designed to empower organizations with confidence in their financial reporting and decision-making.
With CKH Group, you’re not just getting a CPA firm; you’re gaining a trusted partner committed to your success. Discover the CKH Group advantage, where excellence, integrity, and expertise come together to create a powerful assurance partnership for you. Contact us today to explore how our External Audits can add value to your organization.