Financial statements help owners and managers make operating decisions, enable creditors to evaluate loan applications, and help individuals make investment decisions. Boldt Carlisle + Smith provides publicly owned corporations, privately held businesses, local governments, not-for-profit organizations, and employee benefit plans with assurance services including compilations, reviews, and audits.
From its inception, Boldt Carlisle + Smith has been dedicated to serving municipalities in Oregon. Many CPAs in the firm are licensed by the State Board of Accountancy to conduct municipal audits. Our municipal auditing experience includes counties, cities, school districts, and a variety of special districts and agencies. Our approach to auditing municipal and other corporations has been developed over 30 years and adheres to the requirements of:
- Generally Accepted Auditing Standards
- Minimum Standards for Audits of Municipal Corporations
- Generally Accepted Government Auditing Standards
- Office of Management and Budget’s Uniform Guidance
We have developed an audit approach for commercial entities which is both thorough and efficient by using the latest in computer aided audit techniques. We add value to our audit services by providing objective insight and critical analysis on business performance, internal controls and financial reporting systems. We are experienced in providing financial statement services to industries such as:
- Wholesale & Distribution
- Financial Institutions
- Insurance Companies
Other Financial Statement Engagements
While lesser in scope than an Audit, a Review is helpful to a private company. It provides limited assurance that material changes to the financial statements are not necessary, based on analysis of financial statement trends and ratios coupled with inquiries of management regarding accounting procedures and policies used to prepare the financial statements.
Compilation services are useful to small privately held companies that need help in preparing their financial statements. They do not provide any assurance on financial statements and are limited to presenting information in the form of financial statements.
Other Assurance Services
We provide our clients with the appropriate level of service to meet their needs and to do that with excellence. We understand that there may be certain items of particular interest to our clients, and may suggest that we be engaged to perform certain agreed-upon procedures to the items of interest. These engagements allow for greater flexibility and provide our clients with the exact information they need. These services can be applied to a variety of circumstances including:
- Litigation Support
- Financial Analysis
- Reviews of Controls
- Compliance with legal and contractual obligations.