List of Audit and assurance services provided by a US CPA
Audit and assurance services provided by a US CPA can cover a wide range of activities to help businesses and organizations ensure the accuracy and reliability of their financial information. Some of the specific areas that may be covered include
1. Financial statement audits: A US CPA can conduct an independent audit of a business's financial statements to provide assurance that the financial information is accurate and complete.
2. Compliance audits: A US CPA can perform audits to ensure that businesses and organizations are complying with laws, regulations and industry standards.
3. Internal audits: AUS CPA can perform internal audits to evaluate the effectiveness of a business's internal controls and identify areas for improvement.
4. Risk assessments: AUS CPA can help businesses identify and manage financial and operational risks.
5. Due diligence: A USCPA can perform due diligence on behalf of businesses considering mergers, acquisitions, or other strategic partnerships.
6. Attestation services: A US CPA can provide attestations on various types of financial and non-financial information, such as compliance with loan covenants or sustainability reporting.
7. Reviews and compilations: A US CPA can perform review or compilation engagements to provide a level of assurance on financial statements or other financial information.
Overall, audit and assurance services provided by a US CPA can help businesses and organizations ensure the accuracy and reliability of their financial information, comply with laws and regulations and identify areas for improvement in their financial and operational processes.