Assurance & Advisory
Lauterbach, Borschow & Co. - Financial Audits and Assurance
How can your clients, lenders, business partners or investors trust that your company will be there for them in the long term? Besides good leadership and management, the best way to earn that trust is through independent, objective audits of your financial statements, employee benefit plans, and internal controls.
Lauterbach, Borschow & Co.’s Assurance and Advisory team is committed to helping you succeed by providing accurate and reliable information to improve your business. After an audit or other engagements, we’ll share our insights and recommendations to help you to fine-tune your operations and accounting processes.
Assurance Services: Promoting Compliance
Compliance is an essential part of running a successful business. Failure to establish the proper accounting systems or provide financial data to regulatory authorities can create crucial errors. If regulations on your company have you worried about compliance, you can trust our team for accurate reporting and assurances. Third-parties, such as banks, require verified financial data to ensure money is being handled properly at your place of business. Lauterbach, Borschow & Co. provides the following services:
- Audits, Reviews, Compilations
- Internal Control Assessments
- Budgeting and Forecasting
- Inventory Auditing
- Liquidation Assistance
- Regulatory Compliance
- Due Diligence
- Agreed Upon Procedures
These are important for many different industries and business types, such as manufacturing companies, financial institutions, and credit unions or community banks. With the above assurance services, our team provides different levels of approval on reported numbers, as well as ensuring business operations are efficient. Errors in tracking and recording finances is a serious issue that can be avoided with our help, instilling confidence in third parties and helping you operate a compliant business entity.
Employee Benefit Plan Audits and Construction Bonding
Certain parts of business operations and companies in niche industries rely on assurance services to do essential work. Our El Paso financial audit professionals work with all members of your team, including HR and third-party personnel who are responsible for the administration of benefits.
A similar review is necessary to obtain construction bonding or surety bonds. Because these bonds protect against financial loss during a project, obtaining this insurance is a must and relies heavily on the financial compliance demonstrated in an audit.
Visit Lauterbach, Borschow & Co. for Financial Auditing in El Paso
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Schedule an appointment with our team to discuss your accounting needs and learn how we can help.