Assurance Services
At FPG Tax & Accounting, we provide audit, review, compilation, and agreed-upon procedures services tailored to privately held businesses. Our attest services help business owners meet reporting requirements, secure financing, and deliver financial transparency to key stakeholders.
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Our team has been delivering assurance services since 2018, with experience across construction, retail, manufacturing, and professional services. In addition to serving privately owned companies, our background includes audits and specialized procedures for financial institutions, local governments, and employee benefit plans. While our current focus is on privately held businesses, this broader foundation allows us to navigate complex reporting requirements with confidence and deliver practical, efficient solutions.
We work closely with business owners preparing for growth, financing, or transition, offering a practical approach that minimizes disruption and delivers clear, reliable results.
Audits
An audit provides the highest level of assurance on your financial statements. Through detailed testing, analysis, and confirmation procedures, we evaluate whether your financials are presented fairly in accordance with the applicable reporting framework (such as GAAP).
Audits are often required by lenders, investors, or governing boards — especially when raising capital, renewing financing, or planning an ownership transition. An audit may also be beneficial for businesses looking to improve internal controls or prepare for a sale or merger.
Reviews
A review engagement offers limited assurance that your financial statements are free from material misstatement. This service involves inquiry and analytical procedures but does not include the detailed testing required in an audit.
Reviews are a cost-effective option when financial statements are needed for external users — such as banks, leasing companies, or minority shareholders — but a full audit is not necessary.
Agreed-Upon Procedures & Examinations
These engagements focus on specific areas of concern, providing tailored assurance based on the needs of the business or third-party users.
Agreed-upon procedures (AUPs) involve performing and reporting on procedures that the client or a third party defines in advance. These might include validating specific account balances, verifying expense reimbursements, confirming vendor payments, or testing compliance with a contract or covenant.
Examinations are more formal and provide assurance on specific assertions — such as the accuracy of a company’s internal controls, compliance with certain policies, or the reliability of non-financial data.
These services are often requested by lenders, investors, buyers, or internal stakeholders who want focused insights without engaging a full financial statement audit.
