Changes on the horizon of your company? Financial statements are integral in analyzing the financial stability of any business or organization. Also, they provide valuable insight for business owners or governing boards to make vital decisions on the future of their business or organization. An audit yields the necessary assurance that financial statements reviewed can be relied upon for the next pivotal step a company takes.
We understand that most businesses and organizations do not look forward to an audit. At Rotz & Stonesifer, P.C., our approach is to develop a collaborative relationship with management and accounting personnel. This open dialogue allows for adjustments and internal control communications to be seen as an added value, as opposed to a scorecard of management’s mistakes during the year. Also, we provide advice throughout the audit on opportunities to improve internal controls and operating efficiencies. After the review, we present your financial statements to management or the board of directors along with any operating recommendations for a transparent, intentional audit.
Upon request, we will confidentially compare your financial performance against that of your competition. We focus on areas that are critical for operational decision making, such as sales and liquidity. This process allows us to identify, and present, budgetary goals, market opportunities, and areas where your business underperforms compared to its peer group.
We don’t just crunch numbers; our professionals maintain ongoing industry developments to accurately counsel you as a mentor to mentee supporting you in both a professional and personal capacity. We identify significant risks in the current year financial statements as well as provide planning opportunities for the future.