Document significant processes and evaluate/test
the internal controls over such processes.
Sassetti LLC
Financial Statement
Assurance Services
Assurance Services Tailored to your needs.
Our assurance services provide an independent and objective financial statement assessment to help create value and mitigate risk. Whether it be for internal review and decision-making or for external stakeholders and governmental requirements, we can assist in navigating the complexities of GAAP and financial reporting. We also provide defined scope or agreed-upon procedure engagements to test a specific segment in the business or organization, as well as internal control evaluations to ensure the right policies and procedures are in place and being followed.
Seemless & Unified
We provide experienced personnel and utilize audit managers extensively during the audit to ensure a timely and effective engagement. In fact, our policy of using managers and partners to lead our engagement teams is a major factor in our client’s satisfaction with our financial statement audits.
Our Audit Process
During the audit engagement, we will:
During the audit engagement, we will:
01 — 05
Evaluate the performance of procedures to test for
fraud and identify controls that can mitigate fraud risks.
Complete substantive testing to verify correct tracking
of assets liabilities, revenues and expense, among other procedures and inquiries.
As part of our risk analysis and understanding of the design and implementation of internal controls, we are committed to providing insightful, specific comments or recommendations with respect to your internal control structure. These will generally be included in our required communications to management. We will share best practices that we see at similar clients in order to improve controls. Our comment letters also include information on the latest news in accounting standards and government regulations in order to keep our clients ahead of future changes.
Audit Services
01 — 05
Review Services
A review can be a cost-effective way to satisfy lenders
and other third parties. Using diagnostic tools, analyses,
and inquiries, Sassetti provides limited assurance
on your financial statements.
Compilation Services
A compilation organizes your records into
clear financial statements—often enough
to meet management and select
third-party needs.
Employee Benefit Plan Audits
A well performed audit is vital for your Employee Benefit
Plan needs. Sassetti conducts high-quality employee benefit
plan audits to provide peace of mind for plan sponsors
and participants.
Single Audits
A compilation organizes your records into
clear financial statements—often enough
to meet management and select
third-party needs.
Utilizing a secure platform – Suralink, which functions as an interactive PBC (prepared by client) list. Suralink will help both the auditor and client track the status of requested audit documents. The audit team can work onsite or remotely.
Our audits are performed using paperless auditing technology, including cloud-based auditing software. To the extent possible, we work with clients to obtain information with a minimum of document printing and copying.
Our audits are performed using paperless auditing technology, including cloud-based auditing software. To the extent possible, we work with clients to obtain information with a minimum of document printing and copying.
Global Resources
Our membership in the BDO Alliance gives us the resources we need to serve clients across the globe. Even if you have operations outside the US, we can provide access to independent BDO accounting firms in each of your international locations. We will coordinate the audits with BDO, to make sure you get the service you need here in the US and abroad.
Meet the Experts
Our team members have spent a lot of time problem-solving for a variety of industries. Their expertise is unmatched and they are driven and excited about new challenges.
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