Audit and Financial Statements

We provide constructive solutions to the process of providing financial statements on all three levels of reporting: audit, review and compilation.

Audit, Review or Compilation

• Audit - an intensive examination with the highest level of assurance

• Review - some analytical procedures conducted with limited assurance

• Compilation - based upon client information provided and used primarily for internal use

The level of service is determined by your needs as the client, as well as what other interested parties may require. The higher the level of service required, the more expertise is required of the CPA. While privately held companies often opt for compiled or reviewed statements, credit agreements with lenders often require audited financial statements.

No matter the level of assurance you need, Dana F. Cole & Company, LLP has the experience and knowledge to provide these services to many types of clients, including for-profit entities and not-for- profit and governmental organizations. We are currently engaged to perform over 900 Audit, Review or Compilation reports, making us a leader in this service area.

Employee Benefit Plan Audit

At Dana F. Cole & Company, LLP, we are committed to achieving the highest quality audit possible. Our dedicated team of auditors brings specialized knowledge and extensive experience to your entity's employee benefit plan audit. We are committed to ensuring compliance with the latest standards and regulatory changes, providing a comprehensive and reliable solution for the administration of your employee benefit plan audits.

As a member of the American Institute of CPAs Employee Benefit Plan Audit Quality Center, we adhere to the Center membership requirements, which include designating a partner responsible for our employee benefit plan audit practice, establishing quality control programs, performing annual internal inspection procedures, and making our peer review report findings publicly available.

Our goal is to continue to enhance our quality initiatives within our employee benefit plan audit practice to deliver the highest quality audit services possible.

Our employee benefit plan audit services include:

Pension, health and welfare, 401(k) and 403(b) plans subject to the Employee Retirement Income Security Act (ERISA) under the regulatory authority of the U.S. Department of Labor (DOL).
Consulting services related to employee benefit plans
Preparing IRS Form 5500 and summary annual reports
Evaluation and Implementation of Internal Control Systems