Financial statement audits for small businesses.
AsuraTrust provides financial statement audit services designed to meet the unique needs of small businesses.
Our independent audits are tailored according to your company’s industry and operating structure, with a specific focus on risk, internal controls, and key business processes. Our detail-oriented, risk-based audits meet the highest professional standards and are supervised by highly experienced CPAs. AsuraTrust is a Tampa-based CPA Firm licensed in the state of Florida, and our remote engagement model allows us to audit companies in the Tampa area and beyond.
Whether you’re looking to change auditors, preparing for your first audit, or just need information on our audit services, schedule a free consultation today.
What to expect from the engagement.
When you need it
Commonly required by lenders, investors, bonding companies, regulatory bodies, and for best practices.
How we work
Our audits are performed in accordance with Generally Accepted Auditing Standards (GAAS) promulgated by the AICPA.
Scope
Includes a comprehensive review and evaluation of internal controls.
Sign-off
All audits are supervised and signed off by a licensed, highly experienced CPA.
Who relies on an audit.
Banks & other lenders
Audited financial statements are a common requirement of loan agreements and credit facilities. An audit supports lending decisions and ongoing covenant compliance with independently examined financial information.
Owners, boards & investors
When ownership sits apart from day-to-day management, an audit provides an independent check on reported results — giving owners, boards, and investors added confidence in the numbers they rely on.
Bonding, regulatory & contractual needs
Surety programs, regulatory bodies, and certain contracts or grant arrangements call for audited financial statements. An audit satisfies these requirements with a recognized, independent report.
Two levels of assurance.
AuditReasonable assurance — the highest level of assurance a CPA firm can provide.
ReviewLimited assurance — a moderate level of confidence, narrower in scope than an audit.
AuditRisk assessment, evaluation of internal controls, and substantive procedures — including inspection, confirmation, and testing of underlying records.
ReviewConsists primarily of inquiries of management and analytical procedures applied to the financial statements.
AuditAn independent auditor’s report expressing an opinion on whether the financial statements are presented fairly, in all material respects.
ReviewA conclusion on whether the accountant is aware of any material modifications that should be made to the financial statements.
AuditCommonly required by lenders, sureties, investors, and regulators — whenever stakeholders need the highest level of independent assurance.
ReviewOften accepted when stakeholders want independent assurance at a level below a full audit.
Considering the moderate-assurance option instead? Learn more about our financial statement reviews.
Preparing for an audit? Our guide to internal controls best practices for small businesses covers the control foundations auditors evaluate.
Considering an audit?
Connect with us to discuss how our services can provide the support you need.
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