Hyde Park Bank Building

1525 E 53rd St, Suite 622
Chicago, IL 60615

phone773-363-3400

emailinfo@asncpa.com

Assurance Services

When assurance is key, you need qualified auditors you can trust; and ASN Group, Certified Public Accountants gives you just that. We have a proven track record of providing the highest quality audit services in Chicago metropolitan area. Our assurance services will not only fulfill any regulatory requirement for your industry, but it can be an effective tool for owners when making informed decisions. Below is an insight into what the different levels of assurance services are and what they can mean for your business.

Compilation

The goal of a compiled financial statement is to assist management with the compilation of financial reports in the form of statements, without undertaking to provide the stringent procedures of assurance that are required in an audit or review.

If your reports do not require an extensive assurance process, this is the service you can opt for. Having the financial statements can enable owners to see useful information that can aid in measuring performance and decision making.

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Review

A review provides a lower level of assurance as compared to audit in that its purpose is to provide limited assurance that there are no material modifications that should be made to the financial statements in order to be conformity with the applicable financial reporting framework.

A review involves designing and performing analytical procedures, inquiries and other procedures and is substantially less in scope than an audit.

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Audit

An audit provides the highest level of assurance that your financial statements are free of any material misstatements. Audits are becoming a mandatory requirement by third parties like banks, creditors, outside investors and potential purchasers who wish to be assured of the soundness of your financial statements. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.

Accountants at ASN Group, CPAs work to be the leaders in providing accounting services in Chicago. Be it the know-how required to compile financial statements, the knowledge of industry and client operations to perform effective analytical procedures required in a review, or the stringent adherence to procedures and regulatory compliance required for a high quality Audit, you can be sure the experts at ASN Group, CPAs will handle it.

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