ACCOUNTING, AUDITING AND ASSURANCE
 

 

OUR PROFESSIONALS ARE EQUIPPED TO ADAPT TO YOUR ORGANIZATIONS’ NEEDS

 

We understand the importance of accounting, audit, assurance services in guaranteeing the health of your business and organization. At Mazars, we strive to provide tailored services that are relevant, bring value to companies and to stakeholders. Our goal is to offer our clients a distinctive and authentic approach built on a fundamental belief that trust in business will foster prosperous economies, beneficial to greater society.

 

Economic uncertainties and a complex array of regulation make it more important that you chose the right firm to help you in achieving your business and reporting objectives. Mazars’ professionals can help you in meeting these challenges and providing the needed transparency to users of your financial reports by offering the following services:

 

Mazars conducts timely and efficient audits. We develop a tailored program for each client that enhances financial reporting efficiency, allowing us to focus on those areas of greatest risk in the audit process. Our increased emphasis on risk, as well as the understanding we gain of the client organization, leads to higher quality audits and contributes to better business practices. By encouraging innovation and critical thinking in our audits we provide more value-oriented and useful information for our clients.
 
We consistently apply the concept of materiality, which reduces time spent in less significant audit areas, so that we can devote more effort to significant analytical procedures during all phases of the audit and continuously assess audit risks and materiality levels. We leverage any existing policies, procedures and systems, enabling us to implement streamlined audit testing and procedures.
Where a client and/or a specified third party require financial information or an assertion of management to be independently verified, we can assist with the performance of an agreed-upon procedures engagement. At the end of such an engagement, a report of findings is issued.
Mazars’ approach to auditing your financial statements begins with obtaining a thorough understanding of your business and industry, including your internal controls, and ends with the expression of an opinion as to whether the financial statements are presented fairly in all material respects. As a part of this process, we identify and assess the risks which may cause your financial statements to be materially misstated and develop our audit strategy in response to those risks.
 
Our experts work closely with clients to develop service plans intended to produce an efficient and cost-effective audit. As our planning progresses, we provide lists of information to be supplied by you and a timetable for delivery of that information, minimizing disruption of your daily routine. Whenever possible, we request that information and schedules be provided in electronic formats for greater ease of process. Our experience has shown that the use of electronic tools greatly enhances our ability to complete services efficiently and effectively, while providing useful information to our clients.
   Audit and Assurance Services  
Where an audit may not be necessary, Mazars can assist by performing a review of your financial statements and providing a limited form of assurance as to whether any material modifications should be made in order for them to be presented in accordance with Generally Accepted Accounting Principles (GAAP) or another comprehensive basis of accounting. Based on our understanding of your business and industry, we perform inquiry and analytical procedures to obtain a reasonable basis to express such limited assurance.
 
Mazars can also assist by compiling your information in the form of financial statements, without undertaking to offer any assurance on them or by assisting with the preparation of management-only financial statements designed exclusively for internal use.
   Evaluation of Internal Controls  
   SAE 16 Reviews  
 

 

Kathryn A. Byrne | Partner
  212.375.6770
  Kathryn.Byrne@MazarsUSA.com
  Detailed profile
 
 
 

 

ACCOUNTING, AUDITING AND ASSURANCE

 

OUR PROFESSIONALS ARE EQUIPPED TO ADAPT TO YOUR ORGANIZATIONS’ NEEDS

We understand the importance of accounting, audit, assurance services in guaranteeing the health of your business and organization. At Mazars, we strive to provide tailored services that are relevant, bring value to companies and to stakeholders. Our goal is to offer our clients a distinctive and authentic approach built on a fundamental belief that trust in business will foster prosperous economies, beneficial to greater society.

Economic uncertainties and a complex array of regulation make it more important that you chose the right firm to help you in achieving your business and reporting objectives. Mazars’ professionals can help you in meeting these challenges and providing the needed transparency to users of your financial reports by offering the following services:

 

Mazars conducts timely and efficient audits. We develop a tailored program for each client that enhances financial reporting efficiency, allowing us to focus on those areas of greatest risk in the audit process. Our increased emphasis on risk, as well as the understanding we gain of the client organization, leads to higher quality audits and contributes to better business practices. By encouraging innovation and critical thinking in our audits we provide more value-oriented and useful information for our clients.

We consistently apply the concept of materiality, which reduces time spent in less significant audit areas, so that we can devote more effort to significant analytical procedures during all phases of the audit and continuously assess audit risks and materiality levels. We leverage any existing policies, procedures and systems, enabling us to implement streamlined audit testing and procedures.

Where a client and/or a specified third party require financial information or an assertion of management to be independently verified, we can assist with the performance of an agreed-upon procedures engagement. At the end of such an engagement, a report of findings is issued.
Mazars’ approach to auditing your financial statements begins with obtaining a thorough understanding of your business and industry, including your internal controls, and ends with the expression of an opinion as to whether the financial statements are presented fairly in all material respects. As a part of this process, we identify and assess the risks which may cause your financial statements to be materially misstated and develop our audit strategy in response to those risks.
 
Our experts work closely with clients to develop service plans intended to produce an efficient and cost-effective audit. As our planning progresses, we provide lists of information to be supplied by you and a timetable for delivery of that information, minimizing disruption of your daily routine. Whenever possible, we request that information and schedules be provided in electronic formats for greater ease of process. Our experience has shown that the use of electronic tools greatly enhances our ability to complete services efficiently and effectively, while providing useful information to our clients.
   Audit and Assurance Services  
Where an audit may not be necessary, Mazars can assist by performing a review of your financial statements and providing a limited form of assurance as to whether any material modifications should be made in order for them to be presented in accordance with Generally Accepted Accounting Principles (GAAP) or another comprehensive basis of accounting. Based on our understanding of your business and industry, we perform inquiry and analytical procedures to obtain a reasonable basis to express such limited assurance.
 
Mazars can also assist by compiling your information in the form of financial statements, without undertaking to offer any assurance on them or by assisting with the preparation of management-only financial statements designed exclusively for internal use.
   Evaluation of Internal Controls  
   SAE 16 Reviews