H2R CPA provides Audits, Reviews and Compilations to businesses and nonprofit organizations in the western Pennsylvania region.
H2R CPA's experienced auditors provide an objective, independent examination of financial statements produced by an organization's management in order to increase the financial statements' value and credibility for stakeholders. Standard audit procedures include obtaining an understanding of the system of internal controls, assessing fraud risk and testing accounting records. H2R CPA's process-based audit approach minimizes disruption to an organization’s daily activities and provides for timely, concise feedback to management regarding issues and opportunities that exist for the organization.
H2R CPA's review services consist primarily of performing analytics and inquiries to provide a reasonable basis for obtaining limited assurance that there are no material modifications that should be made to the financial statements for them to be in conformity with accounting standards such as US Generally Accepted Accounting Principles (GAAP). A review does not include the detailed procedures ordinarily performed in an audit.
H2R CPA's compilation services include gathering an organization's financial documents together and putting them into the correct format required by accounting standards such as US Generally Accepted Accounting Principles (GAAP). A compilation does not provide an opinion regarding the accuracy of the financial statements such as in an audit or review.