Audit & Assurance Services for Every Business Need

At Faragalla and Associates, we offer three levels of audit and assurance services to meet the unique needs of your business. Whether you need basic financial statement preparation or a comprehensive audit, our team is here to help you maintain credibility with investors, creditors, and stakeholders. Here’s what we offer:

Compilations

Our most basic level of service, compilations are ideal for businesses that need financial statements but do not require in-depth verification. It's quick, it's straightforward, and it gives you the essentials you need when you need them.

Reviews

Reviews offer a middle ground for businesses that need greater assurance without the full scope of an audit. We conduct in-depth interviews with key personnel, reviewing your accounting policies, industry specifics, and operational processes. This thorough approach results in more reliable financial statements, plus a professional review report.

Audits

Our audit services represent the highest level of financial scrutiny we offer. We work closely with your team to thoroughly examine your financial records and internal controls while following Generally Accepted Auditing Standards (GAAS).

You Know It’s Time for an Audit When…

Financial transparency becomes increasingly important as your business evolves and reaches new milestones. That’s why growing businesses turn to us.

Whether you’re preparing for a major financial event, looking to strengthen internal processes, or maintaining long-term credibility, our audit and assurance services are designed to support your success. Here are common signs that it might be time for an audit:

You’re Preparing for Investors or Financing

When you need outside funding, potential investors or lenders want transparent financial information to evaluate the health of your business. Our team dives deep into your financial statements, ensuring you put your best financial foot forward.

You Need to Stay Compliant

Does your industry have strict regulatory and audit requirements? You’re in good hands with us. We stay up-to-date with evolving regulations, ensuring your business stays compliant and avoids costly penalties or reputational risks.

You Are Making an Exit

Whether you're planning a sale, merger, or acquisition, buyers need a clear view of your financial health. We deliver accurate and detailed financial reports, providing buyers with the confidence they need to close the deal.