Service Overview
To effectively operate a business and make it grow, management must have accurate, timely accounting and auditing information. That need sometimes puts demands on internal accounting and auditing departments that simply can't be met. Horwath International member firms can assist you in your audit and accounting projects — swiftly, seamlessly and expertly.
What Member Firms Do
- Develop and maintain an efficient accounting system that records and reports transactions on the basis of GAAP or other appropriate criteria
- Assure that all accounts are maintained with proper segregation of duties
- Devise a system of internal controls designed to ensure that:
- all transactions are executed as authorized by management
- access to assets is limited to selected individuals
- asset records are compared to existing assets to isolate and eliminate inconsistencies
- Coordinate all internal auditing for financial statements to minimize the scope of an external auditor's work
- Advise and assist in resolving interim financial reporting problems
- Perform financial analyses of acquisitions and mergers, cost and revenue trends, and special systems and procedures
- Train the financial staff and offer continuing education