Stone Carlie’s Assurance Services Group offers the following services:

Audit
An audit is the highest level of financial statement assurance service with an opinion of the fairness of the presentation. By definition, it is conducted in accordance with generally accepted auditing standards (GAAS). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statements presentation. An audit satisfies external reporting requirements for leading institutions and regulatory agencies.

Review
A review is the next level of assurance services. A review is conducted in accordance with Statements on Standards for Accounting and Review Services issued by the AICPA. A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. It is a procedures driven engagement with limited assurance provided regarding the financial statements. It is substantially smaller in scope than an audit in accordance with GAAS.

Compilation
A compilation is the lowest level of assurance services. A compilation is conducted in accordance with Statements on Standards for Accounting and Review Services issued by the AICPA. A compilation is limited to presenting in the form of financial statements information that is the representation of management. Common financial statement bases of accounting used for compilations include accrual basis, cash basis and income tax basis.

Operational Audits and Reviews

Agreed Upon Procedures
We summarize the findings of specific procedures performed as directed by management. This service is often used for due diligence procedures when acquiring a company and does not constitute an audit.

Fraud Audits

Internal Control Reviews

Internal Audits

Acquisition Due Diligence

Performance Measurement

Managerial Accounting

Collateral Audits For Financial Institutions

Employee Benefit Audits

SAS70

Sarbanes-Oxley