Why does our private company need an audit?

In this environment, where corporate liberties have tainted the impression of corporate governance among many financial institutions, investors and potential investors, financial statement audits of private companies are more important than ever. Currently, in order to maintain current credit facilities or obtain new credit facilities, many lenders and financial institutions are requiring audited financial statements in accordance with AICPA professional standards by an independent certified public accountant. Much like banks, investors too are requesting that assurances on the company’s financial statements via an audit report. Many investors and potential investors see audited financial statements as a prudent business practice, and essential in obtaining adequate insight necessary to make sound and vital business decisions.

Why should Miller Kaplan Arase be our auditors?

At Miller Kaplan Arase, we believe that meeting the expectations of investors begins with complete and accurate financial statements. For over 65 years, we’ve helped meet investor expectations by providing the desired, accurate and independent financial and non-financial information needed for decision making. Our financial statement audits for private companies are performed in accordance with U.S. GAAS and AICPA standards, providing the desired level of assurance for banks and investors. Our private company audit clients include businesses ranging from start up to businesses with annual sales/revenue of about $100 million. Our focus on private companies within this range, give us the knowledge and experience to perform our services thoroughly, efficiently and cost effective, making Miller Kaplan Arase an excellent choice for your private company audit needs.

To learn more about our private company audit services or any other auditing services, contact us online or call us at (818)769-2010