Whether your business is preparing for an IPO or expanding into new markets, achieving those goals requires objective financials. These reports concisely convey insights to investors, your management team, and other stakeholders.
At The Ray Group, we provide financial reporting and assurance services to companies of all sizes. Not only that, but our professional insights go far beyond the annual audit. In fact, we work with businesses to plan transactions instead of using guesswork. We also identify risks and improve the quality of the information used to make critical decisions.
Financial reporting and assurance focuses on interpretation, preparation and certification of publicly disclosed financial and other data. By serving our clients in this area, we build trust through insight and involvement. If you’re looking for extensive Financial reporting and assurance services, we can help. Contact us today to schedule a consultation.
EMPLOYEE BENEFIT PLAN AUDIT
The employee benefit plan is often just one more thing on your list of responsibilities. As a result, we provide more than just a quality audit. We can also review and evaluate plan procedures among many other tasks. With our breadth of services, we help you navigate the complexities of benefit plan compliance.
A financial statement review offers many insights for business owners as well as being more cost-effective than an audit. When third parties such as investors or lenders request audited financials, we can instead provide a review. Of course, our professionals will discuss this plan of action with you before proceeding.
Many investors and lenders require some form of assurance that your financial statements are accurate. At a lower cost, performing a financial statement review lends to that assurance and credibility.
A review does not include gaining an understanding of your company’s risk of fraud or internal controls. Nor does it include testing procedures that our professionals would ordinarily perform as part of an audit.
Albeit a review does not provide the same degree of assurance as an audit, it does have it’s merits. For instance, many financial statement users find it to be an acceptable document. Moreover, it provides stakeholders with the financial data necessary to make informed business decisions.