Audit & Assurance
Building financial well-being on a foundation of trust
Meaningful, well-organized financial statements are essential to any successful business, and producing them is the primary purpose of audit and assurance services. These services are distinguished by the competence of our professional staff, and our commitment to keeping each client’s service team together for as long as possible. Continuity is key; by seeing the same faces year after year, our clients know they can trust us to understand their business, anticipate their needs, and deliver a level of service and support they simply won’t find anywhere else.
Audits provide the best assurance that financial statements do not contain material misstatements, and involve an intensive examination of your company’s systems and records. At Weiss, partners are involved in every audit to provide essential expertise and insight at every step of the process. We have a wealth of experience performing audits for a wide variety of purposes, including stockholder reporting, bank loan requirements, insurance matters, government regulations and many others.
Reviews provide limited assurance that a company’s financial statements require no material modifications. The review process involves inquiries of Company management and applying analytical procedures to financial data. As in the audits, our partners are involved in the review process to provide expertise and insight. We provide reviews for a variety of purposes including bank loan requirements, management reporting, financial analyses and many others.
Compilations are designed to present financial information in the form of financial statements, without providing any assurance on those statements. Compilation services are performed when management requires a financial statement but does not require the assurance level of an audit or review
Employee Benefit Plan Audit Services
Employee benefit audits are a major practice area at Weiss. We complete dozens of audits each year for a wide range of benefit plans, including 401(k) plans, defined contribution and employee stock ownership plans. Visit our employee benefit audit page (link) to find out more.
Peer Review Report
All of the partners of Weiss & Company LLP are members of the American Institute of Certified Public Accountants and the Illinois CPA Society. Additionally, Weiss & Company LLP has successfully met the American Institute of Certified Public Accountants Peer Review Program requirements consistently since 1993. The Peer Review Program is an in depth evaluation by independent parties of our accounting and audit practices. It focuses on monitoring the firm’s compliance with professional standards. Review our latest Peer Review Report.
We speak your language!
In today’s increasingly diverse business environment, multilingual capabilities are an absolute necessity. Here at Weiss, we answer that need with over a dozen staff members fluent in two or more languages, including Spanish, Polish, Hebrew, Hindi, Korean, Russian, Romanian, Turkish and Kyrgyz. Read more about our multilingual services.