Our audit practice is concentrated in the nonprofit industry, but we also perform audits of time-share resort properties, construction contractors, manufacturers, and employee benefit plans. Our nonprofit audit clients range in size from small organizations with less than $1 million in assets to larger complex entities with more than $50 million in assets. They include a variety of social service agencies, YMCAs, a land conservancy, legal aid organizations, and others. We perform audits in accordance with Government Auditing Standards and OMB Circular A-133.
Our audit strategy is to use a small but very experienced staff to perform the work, with direct partner involvement at key planning and fieldwork stages. We believe that this staffing approach results in the most thoughtful and efficient audit planning and the most reliable and useful audit conclusions. Our completion procedures include a thorough review of the financial statements and audit findings with management and the audit committee.
We encourage the formation of audit committees and guarantee to our clients that these committees will be involved and engaged in the complete audit process. We believe in the continuous involvement of management and the audit committee with the audit team during the entire process. We are committed to clear communications with frank and open discussions about management performance. Our written and oral communications with management and the governing body are intended to meet the highest standards or our profession and to provide the greatest value to your organization. We take special pride in our reputation for both the technical assistance and responsiveness to our clients’ needs. We look forward to discussing your interest in our audit services.
Since 1982, we have participated in the AICPA Peer Review Program, which is administered by the California Society of CPAs. Our audit and accounting practice has undergone a peer review every three years since we joined the program voluntarily in 1981. Our most recent peer review report is presented below. Our firm is also actively involved in providing peer review services to other CPA firms located throughout California and other states.