Mike has been working at his firm since 1983 and works on both tax and audits for clients. He says audits are opinions that the clients financial statements are reasonably correct. Clients need audits to be done when seeking a bank loan or if they are working at a non-profit company.
While it can be a stressful time for the client, it can result in positive changes to control systems to prevent losses and fraud in the company. Some changes include paying more attention to statements, having more than one person control the money, thorough background checks on new hires.
Mike also does tax planning if you are buying or selling a property so give him a call for any tax or audit work.