Audited Financial Statements are the product of our highest level of assurance services. In an audit, McFarlin & Brokke performs all of the steps regarding compiled or reviewed statements, but also performs verification and substantiation procedures.
These verification and substantiation procedures may include direct correspondence with creditors or debtors to verify details of amounts owed, physical inspection of inventories or investment securities, inspection of minutes and contracts, and other similar steps.
Also, we gain knowledge and understanding of the entity's system of internal control. When the
audit is completed, our standard audit report states that an audit was performed in accordance with generally accepted auditing standards, and expresses an opinion that the financial statements
present fairly the entity's financial position and results of operations.
McFarlin & Brokke CPA
99 South Yonge St
Ormond Beach, FL 32174
Phone: (386) 882-6047
Year-end tax planning is more complicated this year than in most years. With the possibility of major tax change just ahead, many standard tax-cutting moves are turned upside down. There’s not much time left for making changes that could affect your taxes for 2017. Call us to schedule your tax planning appointment, (386) 882-6047