Verify Financial Records with Independent Review

Garcia CPA PLLC provides auditing and assurance services for businesses and organizations in East Elmhurst, New York.

When you need to demonstrate the accuracy of your financial records to lenders, investors, or a board of directors in East Elmhurst, an independent audit provides the credibility those stakeholders expect. Audits go beyond standard financial statements by reviewing source documents, testing internal controls, and verifying that your records reflect what actually happened. This process identifies errors, inconsistencies, and areas where controls could be stronger.

Garcia CPA PLLC offers auditing and assurance services that include planning, fieldwork, testing, and reporting. We work with businesses and nonprofit organizations in East Elmhurst to provide objective financial reviews that meet regulatory requirements and stakeholder expectations. Our process includes evaluating internal controls, assessing risk, and issuing a formal opinion on the accuracy and reliability of your financial statements.

If you need an audit to satisfy lender requirements, comply with regulations, or provide assurance to stakeholders, reach out to Garcia CPA PLLC to discuss your timeline and scope in East Elmhurst.

What an Audit Reveals About Your Records

We begin by reviewing your financial statements, accounting policies, and internal controls to understand how transactions are recorded and approved. In East Elmhurst, we work with businesses that range from small companies to larger organizations with multiple departments, and we tailor our testing to the size and complexity of your operations. We select samples of transactions, trace them back to source documents, and confirm that they were recorded correctly.

After the audit is complete, you will receive a formal report that includes our opinion on the accuracy of your financial statements and any findings related to internal controls or compliance. Stakeholders use this report to assess the reliability of your numbers and the strength of your financial management. An unqualified opinion signals that your records are accurate and complete, which builds trust with lenders, investors, and regulators.

We also provide a management letter that highlights areas where processes could be improved, even if no material errors were found. This feedback helps you strengthen controls, reduce risk, and improve the accuracy of future reporting. Audits are not just about compliance—they also give you insight into how well your financial systems are working and where adjustments might be needed.

Business owners and nonprofit leaders often want to know what an audit involves, how long it takes, and what kind of access we need. Here are answers to the questions we hear most often.

Most People Ask These Questions First

We review your financial statements, test a sample of transactions, evaluate internal controls, and assess risk. The process includes interviews with staff, review of source documents, and confirmation of balances with third parties like banks.
What does an audit involve?
That depends on the size of your organization and the complexity of your records. Most audits in East Elmhurst take several weeks from planning to final report, with fieldwork typically lasting a few days to a week.
How long does an audit take?
Lenders, investors, and boards often require audits to confirm the accuracy of financial statements. Some organizations are required to have annual audits due to regulatory requirements or funding agreements.
Who needs an audit?
An audit includes detailed testing and verification of transactions, while a review involves analytical procedures and inquiries without extensive testing. Audits provide a higher level of assurance.
What is the difference between an audit and a review?
We discuss any errors with you and determine whether they are material. You will have a chance to correct them before the final report is issued. We also provide recommendations for improving controls to prevent similar issues.
What happens if the audit finds errors?

Garcia CPA PLLC provides auditing and assurance services for businesses and nonprofits in East Elmhurst that need independent verification of their financial records. If you are preparing for a required audit or need assurance for stakeholders, contact us to schedule a planning meeting and review your scope.