OB
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FINANCIAL ASSURANCE

Financial Statements Audit

Independent examination providing reasonable assurance that your financial statements are free from material misstatement

Our Financial Statement Audit services deliver the highest level of assurance, meeting regulatory requirements, lender expectations, and stakeholder needs. We perform thorough examinations of financial records, internal controls, and accounting practices.

1000+
Audits Completed
99%
Client Retention
100%
Regulatory Compliance
Audit professionals reviewing documents
Independent assurance
OUR SERVICES

Audit Approaches

Tailored financial statement audits for every organization

External Audit

Independent examination of financial statements for shareholders, lenders, and regulators.

  • Risk-based audit approach
  • Substantive testing of transactions
  • Internal control evaluation
  • Auditor's opinion on fairness
Deliverable:

Audited Financial Statements with Independent Auditor's Report

Internal Audit

Independent, objective assurance to improve operations and risk management.

  • Process and control assessment
  • Operational efficiency reviews
  • Fraud risk assessment
  • Recommendations for improvement
Deliverable:

Internal Audit Report with Actionable Recommendations

Regulatory & Compliance Audit

Ensuring adherence to laws, regulations, and industry standards.

  • Compliance testing
  • Regulatory gap analysis
  • Remediation support
  • Ongoing monitoring
Deliverable:

Compliance Audit Report with Findings & Recommendations

OUR PROCESS

How We Work

A structured approach to financial statement audits

1

Planning & Risk Assessment

Understanding your business and identifying key audit risks.

  • Client acceptance
  • Risk assessment procedures
  • Materiality determination
2

Internal Control Evaluation

Assessing design and implementation of controls.

  • Walkthroughs
  • Control testing
  • Deficiency identification
3

Substantive Procedures

Testing transactions, balances, and disclosures.

  • Analytical procedures
  • Detail testing
  • Confirmation requests
4

Reporting

Forming and issuing the independent auditor's opinion.

  • Evaluation of evidence
  • Draft financial statements
  • Auditor's report
5

Followโ€‘up

Discussing findings and recommendations with management.

  • Management letter
  • Recommendation tracking
  • Next period planning
99%
Audit Accuracy
100+
Public Companies
500+
Private Companies
25+
Industries Served
SPECIALIZED EXPERTISE

Industryโ€‘Specific Audits

Tailored audit solutions for your sector

Financial Services

Banking, insurance, securities, and fintech audits.

  • Regulatory compliance
  • Capital adequacy testing

Healthcare

Hospitals, clinics, and insurance providers.

  • HIPAA compliance
  • Revenue cycle testing

Manufacturing

Production, inventory, and supply chain audits.

  • Cost accounting
  • Inventory valuation

Nonโ€‘profit

Charities, foundations, and associations.

  • Fund accounting
  • Grant compliance
WHY CHOOSE US

Reasons to Trust OB

What sets our audit team apart

Licensed CPAs

All audits performed by certified public accountants with extensive experience.

Advanced Audit Technology

Data analytics and automated testing for deeper insights.

PCAOB & AICPA Standards

Adherence to highest professional auditing standards.

WHAT WE DO

Comprehensive Audit Capabilities

Complete financial statement audit services

Financial Statement Audits

Full scope audits of complete financial statements:

Balance sheet, income statement, cash flow
Notes to financial statements
Comparative financial statements
Special purpose frameworks (Tax basis, Cash basis)

Internal Control Reporting

Assessment of internal controls over financial reporting:

ICFR assessment (SOX 404)
Deficiency reporting
Remediation plans
Management letter recommendations

Compliance & Regulatory Reporting

Audits for specific regulatory requirements:

Single audit (Uniform Guidance)
Employee benefit plan audits (ERISA)
HUD audits
State and local government audits

Additional Assurance Services

Other attestation and assurance engagements:

Agreedโ€‘upon procedures
Review of interim financial information
Forecast and projection examinations
Pro forma financial information

Ready for an Independent Audit?

Contact us to discuss your financial statement audit requirements

Free Assessment

We'll evaluate your audit readiness

Timely Delivery

Meeting all regulatory deadlines

Actionable Insights

Beyond compliance โ€“ strategic advice

Schedule Consultation