| Our professional staff is experienced in performing audits, reviews and compilations. Churches, non-profit organizations, construction, and service industries are just some of the areas of our professional concentration.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional. |
| (Click Service Title For Details) |
| Audit Services |
| The purpose of an audit is to form an opinion on whether an organization's financial statements, taken as a whole, fairly present the financial position, and results of operations and cash flows of an organization for the period under audit, in conformity with generally accepted accounting principles.
In addition to performing audit procedures necessary to meet generally accepted auditing standards, we further view our role in the audit process as one of providing positive solutions to help maximize your organization's financial data gathering and reporting efficiency. Our experience in providing auditing services enables us to generate information and develop insights that will result in improved controls and safeguards, leading to clear and understandable financial reporting. |
 |
| Reviews & Compilations |
| A review is a compiled financial statement with inquiry and analytical procedures. The purpose is to provide limited assurance that no material modifications should be made to the financial statements for them to be in conformity with generally accepted accounting principles. This type of statement is often requested by bankers and creditors.
A compilation may serve the needs of the organization in an economical manner by using management's financial results to prepare financial statements. These statements are prepared within a generally accepted format, and can be used as a management tool for the organization.
Whether compilation or review with Generally Accepted Accounting Principles (GAAP) or an Other Comprehensive Basis of Accounting (OCBA), we provide the appropriate product to meet our clients' specific needs. Financial statements and related footnote disclosures are often required for third parties such as lenders or investors. |
|
| Specialized Services |
| Internal Control comprises the various procedures employed by an organization to safeguard assets, maintain the reliability and accuracy of financial records, and ensure compliance with managerial policies. A well-designed internal control system will produce accurate financial information, deter misappropriation of funds, and provide separation of duties for financial activities.
BHF&W provides a service in which the internal controls are evaluated and tested for strength and effectiveness. In performing this service, a series of questions is asked of personnel regarding policies and procedures relating to the organization's financial records. Based on the answers to these questions, testing of the records and procedures is performed to verify compliance. We then furnish a report summarizing the existing internal controls and providing suggestions for improvement and implementation.
Acquisition Audits can be conducted to assist a client in establishing or verifying the financial condition of a prospective acquisition.
Specialized audits such as HUD, Broker/Dealer, 401(k) and Pension Plans, OMB Circular A-102 and A-133 Single Audits, comprehensive audits in accordance with Government Auditing Standards, and Federal program contract compliance testing are provided to our not-for-profit clients. |
|
| Tax and Business Services |
Tax and Business Services are provided through a professional services agreement with Ronald Blue & Co, LLC.
Please Click Here |
|
| Financial Planning & Investment Management |
Financial Planning & Investment Management Services are provided through a professional services agreement with Ronald Blue & Co, LLC.
Please Click Here |
|
|