AUDIT SERVICES

The audit provides a professional opinion upon completion of the engagement. Our focus is to deliver relevant, timely and cost-effective assurance services. We also provide meaningful recommendations for improvement of operations and strengthening of internal controls. These recommendations are made with the goal of generating savings and enhancing profitability.

We recognize that any outside party engagements add to the work load and may, if not properly managed, cause disruption to your normal operations. That alone is a reason to select our Firm. We feel communication is the key to any professional business relationship. All audit staff will be available throughout the audit process. We will schedule meetings at the frequency preferred by the client. We have worked with numerous clients at all times of the fiscal year without adverse relations. Our team approach can and will be a learning experience for your staff

At King & Walker, CPAs, we customize our auditing services to your needs and offer, among others, the following:

1. Financial audits, reviews and compilations
2. Financial statement preparation
3. Accounting procedures
4. Budget preparation
5. Internal control audits
6. Government contractor auditing
7. Best Financial Management Practices for District School Boards

ACCOUNTING SERVICES

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. King & Walker, CPAs' accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost reports, monthly financial reporting, tax planning, and employee benefit plans.

These services include but are not limited to:

1. General ledger and financial statement preparation
2. Bookkeeping (Monthly, quarterly, or annual)
3. Accounting system setup and support
4. Cash flow budgeting and forecasting
5. Employee benefit and profit-sharing plans
6. Tax planning and return preparation

TAX SERVICES

At King & Walker, we understand the ever changing tax changes for the not-for-profit organization. We stay abreast of these changing regulations and can provide the following for your organization:

1. Preparation of Form 1023 - Application for Recognition of Exemption Under Section 501(c)(3)
2. Preparation of Form 990 - Return of Organization Exempt from Income Tax

INTERNAL AUDIT OUTSOURCING

With the complexities of an internal control environment, it is difficult for an organization to train and bear the cost of an internal audit staff large enough to meet these demands. The outsourcing of the internal audit function provides the opportunity for our clients to cut costs, focus on specific areas of concern, and receive the expertise in the industry. K&W CPAs provides a risk-based approach to assessing our client's needs. We focus on the identification of the compliance and internal audit areas that represent the highest risk to the organization and apply detail testing in these areas.

1. Internal Auditing
2. Internal Control Risk Assessment
3. Construction Contract Review
4. Other Agreed-upon Procedures