Assurance Services

At Maginnis Knechtel & McIntyre LLP, we focus on building close client relationships that add long‐term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.

These services include but are not limited to:

  • Audits, reviews, compilations, and preparations
  • Employee benefit plans audits
  • Compliance audits

Audits, Reviews, Compilations, and Preparations

Maginnis Knechtel & McIntyre LLP's financial statement services comprise four levels depending on your company's needs.

Audits

Audits offer the highest level of assurance to third parties, and include in‐depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.

Reviews

Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.

Compilations

Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.

Preparations

Financial statements can be prepared monthly, quarterly or annually and are generally used for the purposes of internal decision making. Financial statement preparations are limited to presenting your financial information without auditing or reviewing the statements. They do not offer assurance and do not include an accountant’s report.

Employee Benefits, Pension, and Profit-Sharing Plans

Choosing and administering benefit plans for your employees is often a complex process. Maginnis Knechtel & McIntyre LLP can help you develop, implement, and administer your benefit, retirement, and profit‐sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. We can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.

Compliance Audits