Business Audits and Reviews

Business Audit and Review Services by Foti, Flynn, Lowen, & Co

Ensure your business's financial health and compliance with assistance from Foti, Flynn, Lowen, & Co PC.  We offer comprehensive business audit and review services tailored to meet your needs. Located in Roanoke, VA, our firm serves Southwest Virginia with a wealth of expertise and a commitment to excellence. Contact us today to learn more about how we can assist you.

Thorough Business Audits and Reviews

Audits and reviews require expertise and attention to detail; which is something we excel in. Learn more about our offerings:

Audits

An audit is crucial to identifying areas of strengths and weaknesses within your business structure and finances. It lends credibility to your organization’s financial statements and provides the highest level of assurance in the financial reporting of your business.

An audit involves performing procedures in accordance with applicable standards to obtain an appropriate amount of evidence about the amounts and disclosures in the financial statements. Our firm uses a risk-based audit approach and utilizes technology to provide your business with an efficient audit.

Because of our depth of detail with audits, we can also provide value by helping you identify possible weaknesses in controls and offer suggestions for improvements before they become problems. An audit and other assurance services are often the first steps towards casting light on new opportunities to strengthen your business.

Reviews

While not as extensive as an audit, our review services can also help your organization operate more effectively. To provide a fresh perspective, we’ll analyze your financial statements and review management procedures primarily through inquiries and analytical procedures to provide limited assurance that no material modifications need to be made to the financial statements.

This review allows us insight into your procedures, which means we can ensure you’re operating in a way that best suits your business needs. Once the review is complete, we can make suggestions on how to improve.

Retirement Plan Audits

Beyond the operations of a business, we provide audits for a company’s employee benefit plans to ensure compliance with DOL (Department of Labor) guidelines when required. Regulatory compliance related to benefit plans is often overlooked and should be a top concern for your company.

We have vast experience with defined contribution retirement plans, including saving plans,  401(k) and 403(b) arrangements, and profit-sharing plans. We are a member of the AICPA Employee Benefit Plan Audit Quality Center.

Contact us today to learn more about any of the above services.

Compelling Reasons to Secure Our Services Today

Securing your business's financial integrity has never been more critical. Here’s why Foti, Flynn, Lowen, & Co should be your first choice:

• Largest locally owned accounting firm in Roanoke, VA
• Certified public accountants on staff
• Friendly and professional team
• Over 30 years of tax experience
• Complimentary estimates within 24 hours
• Discounted audits are available for nonprofits

Reach out to us to ensure your business is in capable hands.

Contact Us Today

Ready to protect your business's financial future? Get in touch with us at Foti, Flynn, Lowen, & Co. Our team is eager to provide you with the professional audit and review services you need.