Red Wing Audit
Whether an audit or review is for a regulatory requirement, lending needs, or required as a part of shareholder ownership by-laws, we have processes in place to assist you.
OUR CLIENT SERVICE – A PROVEN APPROACH
At Smith Schafer, client confidence is our service standard. Our detail-oriented auditors provide results that meet the demands of boards, government agencies, banks, nonprofit compliance and much more. Our efficient and respectful style ensures the least disruption to operations and staff, while our seasoned presentation skills make sure everyone is on the same page and prepared to make lasting improvements.
Our audit team’s deep experience reduces client staff time and expense. Many clients see us as part of their team because we listen carefully to their goals and look for ways to help them achieve their goals throughout the year. We do not wait for clients to call with a problem; we stay involved to help them avoid problems.
Our Red Wing clients confirm that our service approach sets us apart from other local CPA firms. We are committed to:
- Enhancing our understanding of your specific business and operations.
- Meeting with you at regular intervals.
- Being available to you throughout the year. We encourage you to reach out whenever you have questions, and additional fees WILL NOT be charged unless significant research is involved.
- Keeping you abreast of industry and technical information.
- Timely delivery of services.
Red Wing Audit Services:
- Audits
- Reviews & Compilations
- Qualified Benefit Plan Audits
- Agreed Upon Procedures
- Forensic Accounting
- Transactional Due Diligence
- Retirement Plan Audits
- Internal Control Assessments
We know your industry:
- Construction & Real Estate
- Professional Service Firms
- Hospitality
- Manufacturing
- Transportation
- Government
- Nonprofit
Many clients see us as part of their team because we listen carefully to their goals and look for ways to help them achieve their goals throughout the year. We do not wait for clients to call with a problem; we stay involved to help them avoid problems.
Audit Resources
5 Questions to Ask Yourself Before Selecting an Auditor
Searching for an audit firm can be a time-consuming and stressful task. However, it can be maneuvered easier if you know what to look for, have realistic expectations, and ask the right questions.
document Organization for Your 401k Plan Audit
s discussed in part two of our 401k blog series, one of the purposes of a retirement plan audit is to ensure the plan operates in compliance with both plan documents and IRS and DOL regulations. To do this, your auditor will request access to several documents. Some will be plan-specific documents, while others will be HR and related documents.
401k Plan Audit: Form 5500 and Audit Financial Statements
Your business is growing, and so is your 401k plan. But when a plan reaches a specific size, it must be audited by an independent accounting firm.