At Blackman & Sloop, we’ve built a reputation for helping clients of every size implement reporting processes that allow them to run more profitable operations. Our team’s extensive experience and knowledge in a broad range of industries ensure that you always receive an objective, independent assessment by a qualified and competent professional. We offer individualized plans that include the following audit and assurance services:
- Financial Statement Audits – A financial statement audit provides the highest level of assurance achieved through independent verification and testing. An audit provides assurance that an entity’s financial statements, as a whole, are presented fairly and free from material misstatement and are presented in accordance with Generally Accepted Accounting Principles.
- Government (Yellow Book) Audits – The United States General Accounting Office (GAO) releases Government Auditing Standards, also known as the Yellow Book. A Yellow Book audit is a type of financial statement audit conducted under Government Auditing Standards. The Yellow Book audit is designed to focus on financial statement reporting, as well as assessing internal controls and compliance issues. Our audit team views the Yellow Book as a starting point and we strive to best serve the public by performing audits that exceed the standard’s minimum requirements.
- OMB Circular A-133 Audits – Any non-Federal entity that expends $500,000 or more in a year in Federal awards is required to have a single or program-specific audit conducted for that year. This single audit combines the annual financial audit with additional audit coverage of Federal funds. The audit determines if the federally sponsored programs were administered in accordance with applicable laws and regulations.
- Employee Benefit Plan Audits
- Agreed Upon Procedures