Audits, Reviews, and Compilations

Whether you need accounting and auditing services in order to meet loan provisions or regulatory requirements, or to use as a management tool, you want to have the comfort that your accountant is thorough and presents a quality work product. We provide accounting and financial statement services for manufacturing, distribution, retail and service businesses in a variety of industries, as well as for pension plans, non-profit organizations and governmental agencies.

At Barnard, Vogler & Co., our experienced professionals will help you assess your accounting and financial statement needs and determine the level of service that meets your objectives.

For financial statement engagements, we can provide one of the following three principal levels of service, based on your requirements and/or objectives:

Audit

The accountant expresses an opinion that the financial statements present fairly, in all material respects, the financial position (balance sheet), results of operations (statement of income) and cash flows of the company in accordance with generally accepted accounting principles. This opinion is based on certain procedures performed that provide reasonable assurance that the financial statements are free from material misstatement.

Review

Smaller in scope than an audit, whereby no opinion is expressed but, instead, the accounting firm states that, based on its analytical procedures and inquiries of company personnel, it is not aware of any material modifications that should be made to the financial statements in order for them to be in conformity with generally accepted accounting principles.

Compilation

Smaller in scope than a review, whereby no opinion or any form of assurance is expressed regarding the financial statements, and no testing procedures are required. Still, the accountant needs to determine, based on the financial statements being presented, whether they appear to make sense and whether disclosures have been made that cause them to be in accordance with generally accepted accounting principles.