Our assurance services are applied to a fairly diverse set of client engagements which have been performed to meet the needs and requirements of a number of interested parties, including shareholders not active in the business, lenders and regulators. As a member of the AICPA, the Center for Public Audit Firms, and the Private Companies Practice Section of the AICPA, we conduct our engagements in accordance with standards and guidance promulgated by each of these groups.

The centerpiece of our assurance practice is the execution of engagements conducted in accordance with accounting principles generally accepted in the United States of America (GAAP). These engagements include the following:

• Audits - Audits are undertaken to test the financial statement of a company, governmental unit, employee benefit plan or organization to provide limited assurance that such statements are being presented, in all material respects, in accordance with GAAP.
• Reviews - Reviews are undertaken to test the financial statements of a company or organization to give negative assurance regarding whether they are being presented, in all material respects, in accordance with GAAP.
• Compilations - Compilations involve taking a company's or organization's internal financial information and presenting it in the form of financial statements without any assurance that they are being presented in accordance with GAAP.

The level of assurance required is determined by the facts and circumstances of each engagement and external reporting requirements imposed by regulators and third parties. We have a substantial assurance practice that includes governmental units, corporations, unions and other organizations.

Our assurance practice also includes the conduct of special engagements or assignments, including:

• Operational Audits
• Fraud Audits and Forensic Examinations
• Employee Benefit Audits
• Acquisition Audits/Due Diligence Reviews
• Internal Control Reviews
• Compliance Audits (in accordance with regulatory requirements)
• Compliance Audits involving lender agreements, leasing agreements, cost certifications and other commercial arrangements

Each of these audits is designed to meet the specific requirements of the clients, regulators and/or third parties depending upon the specific facts and circumstances of each engagement. However, we also recognize that it is vitally important that companies retain professionals who are concerned not only with whether the financial statements fairly present the financial position and results of operations, but also are equally concerned with providing assistance that will aid management and stockholders in achieving their business objectives.