Accounting and Audit

We take great pride in the quality of our audits and in our audit staff. We utilize the latest in technology when conducting an audit and each audit is tailored specifically to the individual organization.

We use standards established by the American Institute of Certified Public Accountants and other regulatory agencies as appropriate.

Summary of the Process

• Understand the nature and dynamics of your organization.
• Evaluate relevant internal accounting controls.
• Identify controls within specific accounting applications and consider their effectiveness in producing consistently reliable financial data.
• Coordinate audit responsibilities and logistics with appropriate personnel throughout the course of the engagement.
• Develop an audit plan based on:
• The extent of planned reliance on specific accounting controls.
• A selection of appropriate audit procedures designed to gain assurance about financial statement assertions relating to assets, liabilities, net assets, revenues and expenses.
• Apply substantive and analytical review techniques.
• Meet with management to discuss the draft financial statements.
• Complete the audit and deliver all reports on a timely basis.

Download a Sample Audit Time Frame ›

For more information on these services, contact Dave Raeck, CPA, Principal and department head of the Accounting and Audit department, at (517) 886-9527, or e-mail him at draeck@mcecpa.com.

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