Assurance

Get an independent assessment of your critical financial reports and data

You rely on accurate financial information to run your business. What’s more, your investors, creditors, shareholders, and trading partners will often require assurance that this information is credible and reliable.

When you work with the professionals at KRS, you get independent assurance services that can help increase the transparency, relevance, and value of the information you need for decision making and to disclose to the market and investors.

We take the time to understand your business, the industry risks, and accounting and financial issues you face. As members of the American Institute of Certified Public Accountants, our financial reporting practices are reviewed regularly under the AICPA Peer Review Program to ensure the highest level of quality and compliance with professional standards.

Lenders refer their clients to KRS CPAs

Banks and other financial institutions consistently refer their clients to us for our assurance services. That’s because they trust our professionalism and know clients will benefit from our rigorous approach.

KRS CPAs provides financial statement audits, reviews and compilations that meet GAAP compliance requirements. We incorporate your industry’s best practices and focus on the risks to your business.

Employee benefit plan audits

Fiduciary responsibility is not something to take lightly. Our firm is a member of the AICPA Employee Benefit Plan Audit Quality Center and we require our staff members to take specialized continuing education to ensure your audit is up to DOL, ERISA, and IRS requirements.

“Where the payoff is with KRS is that they understand our industry so we can use them as advisors. KRS helps us get to the core issues quicker.”

Accounting Standards Update

Learn more about the new lease accounting standards: ASU 2016-02, Leases (ASC 842)

 

Assurance Services:

  • Audits
  • Employee benefits plan audits
  • Financial document compilation 
  • Financial document review
  • Forecasts & projections
  • GAAP Compliance
  • Independent controls and process assurance
  • Risk assessment