ASSURANCE

 
 

 

Assurance services you need

Confidence you can count on

When you have a project at hand, you want it to get done, and that’s why CTBK takes a proactive approach to traditional auditing services. This energetic approach sparks our team’s creativity, resulting in innovative solutions that maximize revenues while controlling costs. For an array of projects, you can turn to CTBK to get the job done right.

In order to achieve this balance, we work closely with each client to develop an adequate understanding of the business at hand, so we can gain a level of awareness of any issues that may affect operations. There’s the standard level of issuance of financial statements, and then there are the steps above that. You will find CTBK climbing the stairs to go that extra mile, conquering any obstacles along the way.
 
 

Auditing services

If you’re looking for “above and beyond”, you’ve been looking for CTBK. Our team surpasses the standard issuance of financial statements by providing a management letter, which contains feedback on internal control issues, revenue opportunities, and potential operational efficiencies. These letters provide clients with recommended actions that can result in cost reductions, enhanced revenues, increased productivity and the safeguarding of assets.

For added support, CTBK is a member firm of the AICPA’s Government Audit Quality Center and the Employee Benefit Audit Quality Center. These two centers are technical resources for CPA firms that provide services to governmental, non-profit and employee benefit plan audit clients. As a member firm, we adhere to strict continuing education requirements for all partners, principals and managers involved in providing services to clients in these industries.
 
 

The two phases of CTBK’s audit process

 
 

SOC reports

No matter the size or type of industry, CTBK performs System and Organization Controls (SOC) reports. SOC audits are one of our firm’s specialties, and we perform each audit to meet the highest levels of scrutiny to satisfy the organization in need. Whether the reporting requirements are simple or complex, our team can help.

SOC reporting options include SOC 1, SOC 2, AND SOC 3:

CTBK will work with any organization in need of a SOC report and find the one that is most applicable to the organization’s specific needs. We are transparent through the report process in all examinations and assessments so the organization always has a clear view of where they stand in the process. 

At completion, we issue the report and provide suggestions to enhance controls and operating efficiencies noted during the audit procedure. To inquire further on SOC reports, please reach out to the CTBK team.

 

Teaming up for employee benefit plans

We’re the team to turn to for auditing employee benefit plans and financial statements, as our team is trained in this specific area. We audit over 60 plans, providing both limited and full-scope audit services across a wide range of plan types including the following:

  • Defined benefit pension plans
  • Health and welfare plans
  • Employee Stock Ownership Plans (ESOP)
  • Defined contribution plans (Profit sharing and 401(k) plans)

CTBK is a member firm of the AICPA’s Government Audit Quality Center and the Employee Benefit Audit Quality Center. These two centers are technical resources for CPA firms that provide services to governmental, not-for-profit and employee benefit plan audit clients. As a member firm, we adhere to strict continuing education requirements for all partners, principals and managers involved in providing services to clients in these industries.

Our competitive pricing and one-team approach makes us a reliable resource when it comes to searching what’s best for another business’ team.

Additional assurance and audit services

In addition to our traditional assurance services, we also render accounting services for locally-owned, privately-held businesses. These services include the following:

  • Interim and Annual Compilations
  • Reviewed Financial Statements
  • Projected and Forecasted Financial Statements
  • Assistance with Internal Budgeting and Forecasting
  • Assistance with Development of Internal Monthly Financial Reporting
  • Mergers and Acquisitions