Audit Services

At HLB Gravier, our audit approach combines our acute understanding of the changes brought about by the ever changing business environment and our experience in evaluating the risks our clients face on a day-to-day basis. We use an extensive risk-based audit methodology for each audit engagement so that each client is provided with an affordable and quality audit.

The following chart illustrates our risk-based audit approach:

TOP-DOWN, RISK-BASED AUDIT STRATEGY

Within each accounting cycle, whether it be payroll, financial reporting, cash disbursements, or cash receipts, there is the potential for fraudulent activity, and though there is no way to eradicate fraud, there are ways you can protect your company from undue losses. This requires both management and the board of directors to take an active role in understanding fraud risks and their oversight responsibilities.

At HLB Gravier, we recognize you may not be aware of all the areas within your internal control structure that could expose you to undue risk. As your auditors, we believe that our function is to provide you with quality information that will better enable you to run your company with limited exposure to risk. We not only communicate areas of risk to management throughout the audit process, but also provide suggestions on how to mitigate identified areas of risk. We also realize that some suggestions may not be feasible due to the size of your Company and/or cost restraints; therefore, we always make ourselves available to discuss possible alternatives that make sense for your specific needs.