Audits with Knott CPA
Regardless of your requirements now or in the future, we can scale our audit solutions to meet your needs. We'll adhere to different sets of standards or offer varying levels of detail in your reports.
You’ll benefit from a customized, risk-based approach that emphasizes timely communication and coordination of activities. We employ a flat firm structure, meaning all work is performed by individuals with many years of experience. With our flat firm structure, your audit will be personally planned and executed by a member that understands your industry. Larger firms cannot compete with our structure.
Communication and Coordination
Our tailored audit reduces post-audit work, saves time, and enables us to plan for business risks, communicate with management and audit committee, conduct continuous audit procedures for efficiency, and resolve accounting issues early. Experienced professionals personally plan and execute your business's audit, setting us apart from larger firms and reducing post-audit time. Our goal is to add value to your organization through the audit experience.
Empowering Business Success Through Expert Financial Solutions.
Internal Audit Training or Operation
Internal audits ensure the integrity of your business. Our team can be your internal audit department, checking critical activities and controls to align with your goals. We also train your team to carry out these functions effectively. Enhance audit capabilities and optimize costs with our guidance.
Other offerings
Grant compliance examinations
We manage grants, simplifying compliance. We review programs, communicate findings to you and your staff. Our expertise applies to projects of all sizes. Let us ensure clean audits and grant compliance for peace of mind.
Compilation Report with Disclosures
This comprehensive compilation includes accountants' compilation reports, balance sheets, income statements, statements of cash flows, statements of retained earnings, and detailed notes to the financial statements.
Financial Statement / CAFR Drafting Assistance
We're experts in auditing and preparing financial statements for businesses. Whether for internal use or distribution to banks and regulators, our experienced team ensures accurate and compliant statements.
Compilation Report without Disclosures
This streamlined compilation includes accountants' compilation reports, balance sheets, income statements, statements of retained earnings, and optional statements of cash flows.
Performance Audits
Knott CPA offers comprehensive performance audit services designed to help you identify and overcome the critical challenges your organization faces. Our performance audits generally follow a six-phase process:
- Perform risk assessment, if needed
- Develop audit plan
- Conduct fact finding
- Analyze performance
- Prepare findings and recommendations
- Provide draft and final report
