Auditing and other assurance services
Gordon Advisors serve as independent auditors for companies and other organizations that desire a level of assurance on the entity’s financial statements. Our professionals not only provide audit or other assurance services but we work with your management team to assist in the preparation of financial statements in accordance with professional standards.
On our engagements, we utilize a risk-based audit approach that focuses our testing so we can effectively and efficiently arrive at our conclusions. We communicate the results of our testing and other recommendations to management and your board of directors.
In addition to audit services, our team of professionals specialize within a variety of industries and can provide the level of service that meets your needs; an audit, review, compilation or financial statement preparation engagement.
The attestation professionals assigned to your engagement possess appropriate industry expertise and provide services with integrity and a commitment to meet all engagement deadlines.
Senior management at Gordon Advisors is involved in all phases of our audit and assurance engagements. We continually experience low employee turnover, creating cohesiveness on engagements.
Employee benefit plan audits
Our team at Gordon Advisors includes a designated group of professionals with expertise auditing 401(k) Plans. These employee benefit plans are subject to enhanced government oversight.
For plans that require an independent audit, Gordon Advisors P.C. is able to efficiently perform these engagements. The specialized training our auditors obtain on a continuous basis allow our clients to remain compliant as they administer these essential employee benefit plans.
Frequently Asked Questions
How Can a CPA Help My Business?
Certified public accountants, or CPAs, are certified professionals who offer a range of accounting services. These range from auditing and assurance to financial consulting for businesses, tax planning and compliance, and estate and trust services. CPAs, including the ones here at Gordon Advisors, are regulated by the American Institute of Certified Public Accountants, or AICPA, which develops and grades the Uniform CPA Examination. Once a person has passed this exam, licensing is done at the state level, and, in some cases, even at the district or county level. These rigorous examinations by different boards help keep your business finances secure by ensuring that your CPAs are well versed in the current accounting world.
What Should I Look for in My Financial Statement Auditors?
A financial statement audit is the highest level of assurance that a CPA firm can provide on the financial statements of an organization. In addition to performing testing on the amounts and presentation of information within the financial statements, the auditors at Gordon Advisors PC gain an understanding and make an assessment your organization’s control environment.
The key to selecting an ideal CPA firm to work with is to make certain that the auditors you are engaging have expertise within your industry. This will not only allow for an efficient audit, it will also provide opportunities for the CPA firm you work with to bring real world expertise to your accounting and other operational needs.
What Is a Risk-Based Audit Approach?
The purpose of a financial statement audit is for auditors to perform testing that will allow the CPA firm to conclude that the financial statements are free from significant misstatement. Gordon Advisors, P.C. utilizes a risk based audit approach to improve the effectiveness and efficiency of the testing we perform.
We perform a risk assessment at the planning stage on every audit engagement. These assessment procedures allow us to focus our efforts on areas within your organization’s financial statements that are most susceptible to error. These areas of higher risk are often the result of transactions that have unusual complexity or that rely heavily on management estimates. We also consider the risk of fraud as a part of this audit approach. We believe risk based audit approach provides the most value and assurance for users of the financial statements we report on.