Audit + Assurance Services

There are many reasons a company may need to have a financial statement audit, review or compilation conducted. Often it’s a requirement of bankers, investors, vendors, sureties or others seeking assurance about the financial condition and vitality of a company.

While the accounting rules and regulations are basically the same, the overall experience and engagement approach can vary widely when selecting a service provider. Our team of professionals provides both traditional audit and more complex assurance services to privately held companies. Our audit process is built upon open communication, transparency, and a commitment to client satisfaction. The result is an audit that is completed on time with no surprises. HTB’s assurance team is committed to adding value to your organization.

Agreed Upon ProceduresAudits, Reviews, and CompilationsEmployee Benefit Plan AuditsProcess Improvement and Internal Controls RecommendationsMerger and Acquisition Due DiligenceForecast and Projections

Agreed Upon Procedures

There are circumstances that may warrant a special situation where your business may need assurance procedures performed without the need for a full-blown audit or review of your financial statements. The parties involved typically include an audit firm, the company subject to the procedures and a third party that will receive the report. In these instances, all the parties will agree to the procedures being performed.

This group of services is known as agreed-upon procedures (“AUP”), and HTB performs many AUP engagements every year. AUP is more limited in scope than an audit, making it possible to focus on the areas of greatest concern and providing a cost-effective alternative to an audit. Many of these engagements are unique for particular industries that we specialize in, such as construction or auto dealerships, while others are for any business.

Audits, Reviews, and Compilations

Accurate financial reporting is essential for maintaining the trust of investors, lenders and other stakeholders. Whether you’re seeking funding, complying with regulatory requirements or providing transparency to stakeholders, our service ensures that your financial information is reliable and trustworthy.

At HTB, we go beyond simply conducting audits, reviews or compilations. We strive to add value to your business by offering actionable insights and recommendations to enhance your financial operations. Our experienced team of professionals analyzes your financial statements, internal controls and processes to identify areas for improvement, risk mitigation and strategic decision-making.

Employee Benefit Plan Audits

HTB ensures that your benefit plans are not only compliant but also serving the best interests of your employees. We analyze plan documents, financial records, and compliance reports to ensure accuracy, fairness and adherence to legal requirements.

Our team of specialists is well-versed in the complex world of employee benefits, and we’re here to make sure your plans are on the right track. Visit our employee benefit plan audit service page to learn more.

Process Improvement and Internal Controls Recommendations

Inefficient processes can hinder productivity, waste resources and lead to increased costs. Weak internal controls expose your organization to risks such as fraud, errors and compliance issues. By addressing these areas, you can unlock opportunities for growth, improve operational efficiency and safeguard your business.

Fortunately, we work closely with your team to develop customized solutions that align with your business objectives. Our experienced professionals analyze your processes and workflows to identify opportunities for improvement. We provide practical recommendations that help you streamline operations and enhance productivity.

Merger and Acquisition Due Diligence

Nobody wants to jump headfirst into a business partnership only to discover questionable financial practices. Our merger & acquisition due diligence service helps you to avoid financial landmines. We analyze financial records, tax obligations, contracts, potential risks and all the details. This helps you make informed decisions and avoid unpleasant surprises that could derail your plans.

With HTB by your side, you’ll have the peace of mind that comes with a comprehensive understanding of the target company’s financial health. We ensure that the numbers add up and the risks are minimized, giving you the confidence to proceed with your merger or acquisition.

Forecast and Projections

Having accurate forecasts and projections help you anticipate challenges, identify opportunities and make informed decisions to steer your company in the right direction. Whether you’re seeking funding, expanding into new markets or simply aiming to stay ahead of the game, our team equips you with the financial foresight you need to succeed.

Professionals

Douglas J. Nelson
CPA

Derek W. Foret
CPA

Advisory

Audit + Assurance

Business Valuations

Employee Benefit Plan Audits

Historic Tax Credit Services

Litigation Advisory Services

Mergers + Acquisitions

Outsourced Accounting Services

Tax Planning + Preparation

Trust + Estate Planning Services

Industries We Serve