In performing audits of public and private companies, we realize not all companies’ accounting staffs are current on new accounting pronouncements. The audit provides us an opportunity to train and educate the accounting staff on new pronouncements as well as methods to assist them in performing their duties more efficiently. We work with each client to develop an audit approach which utilizes their staff to prepare meaningful schedules to keep the cost of the audit to a minimum. We also hire experienced staff so they are not being trained at the expense of our clients.
As members of the Center for Audit Quality (formerly the “SEC Practice Section”), we subscribe to a mandatory peer review of our quality controls every three years. We have completed all of our peer reviews without qualification. The most recent of these is on record at the American Institute of Certified Public Accountants and is available for review locally in our offices by any of our clients or prospective clients. One of our principals was a past chairman of the Public Company Practice Committee of the Colorado Society of Certified Public Accountants.
When you are ready to go public, sell a business or purchase a business, we will be there to assist in all aspects of the transaction.