Financial Statement Audit

Public companies are obligated by law to ensure that their financial statements are audited by a registered CPA. The purpose of the independent audit is to provide assurance that the management has presented financial statements that are free from material error.

Additionally, hiring an independent and qualified CPA provides reassurance to banks, suppliers, and potential investors that the business is financially sound and creditworthy. Audited financial statements are needed to provide information to decision-makers.