Assurance is a strong word. And when you’re the stakeholder in a business or non-profit organization, being “assured” of the soundness of your financial reports should be more than a guess. It’s a state of reporting achieved through testing, internal controls, and checks and balances that aids in risk management.
Audit & Assurance Offerings
Audits are more than your yearly report—they’re a useful part of our economic system, providing peace of mind to business owners and those who rely on your financial data. But government requirements make audits more challenging and complicated by the day. Conversely, KOS tries to make regulatory compliance as easy on you as possible.
If you don’t need a full audit, KOS skillfully provides limited scope audits, reviews, and compilations. We’re happy to help you determine which is best for you.
KOS can help you with a specific fraud audit to assess cause and damage of inappropriate financial activities. This service, of course, takes place after fraud occurs. We also advise on fraud prevention—one of those things that businesses never think will happen to them. But did you know that 48% of frauds occur at businesses with fewer than 100 employees? Let us help structure your processes to reduce the likelihood of it happening to you.
We are long time clients of KOS due to honesty, integrity, accessibility & genuine concern for our business! Definitely a keeper.
Nick Gaglione – Dietz & Kolodenko Co.
Value of an Audit
With the increased instances of fraud today, selecting auditors you are confident in matters more than ever. Put your mind at ease with KOS. We regularly obtain unqualified opinions related to independent compliance peer reviews of our quality control policies and procedures.
The audit process shouldn’t interfere with your daily business operations. Our audits, led by people knowledgeable of your industry, provide valuable insights into your operations through benchmarking data, sharing operations-related observations, or providing helpful management tips.
More than anything, an audit should “assure” your organization is aligned to reach your goals—helping you spot untapped opportunities and potential trouble areas.
With KOS, you have the best of both worlds: confidence and insight.