Audit and Accounting Services

Because of the competitiveness of today's business environment, auditing continues to be one of the most critical areas of CPA expertise. No other accounting function demands greater credibility. Banks, creditors, stockholders, governments, other interested third parties, and businesses themselves are dependent upon the quality of CPA's audit. The opinions rendered often make such a critical difference, their validity must be unquestionable.

At Eadie and Payne, LLP we are committed to providing our clients with more than a technically sound audit. As part of our engagement, we provide constructive solutions to problems or potential problems. At the conclusion of an engagement, we submit written recommendations in a management letter for improving internal controls and maximizing efficiency and profits. Through innovative and practical consultation with you and your management team, we are available to advise and assist clients in achieving their short- and long-range financial objectives.Eadie and Payne, LLP has the relationships and expertise needed to satisfy the most demanding client or third party. With an eye for each client's long-term success, we can often enhance that client's position through a strategic approach to presenting the necessary documentation. We have a wide reputation for credibility which represents a respected authority any client could be proud to have on his or her side.

The audit department provides auditing, review, compilation, and other accounting services. Auditing is a service function that normally results in our expression of an opinion that the financial statements fairly present the financial position of the reporting entity, its results of operations and its cash flows. The discharge of the audit function lends credibility to the representations made by management in the financial statements, hence increasing the reliance that may be placed on them.

In addition to audits, we provide review and compilation services which are available to privately-held companies. The review process consists of applying analytical procedures to an entity's financial statements and making certain inquiries of management. The process is less comprehensive than an audit, but it allows us to express limited assurance that the financial statements are presented in accordance with generally accepted accounting procedures.

Compilation simply means that we put financial information supplied by a client's management into standard financial statement form without undertaking to express any assurance on the statements.

From small desktop programs such as Peachtree, Quickbooks, etc. to Mas 90, we will consult with you to determine whether your system just needs a little fine tuning or if its time to consider an upgrade.