Financial Reporting & Assurance

We understand that sometimes businesses need a more targeted and focused review of specific financial information. That's why we offer Agreed Upon Procedures, a limited scope service that helps businesses identify any immediate issues and make informed decisions based on accurate and factual conclusions. Our team of professionals will provide the necessary information and support to ensure your business has the information it needs to make informed decisions.

A Personal Financial Statement provides a comprehensive overview of an individual's, couple's, or family's assets and liabilities, as well as their net worth. This document can be an essential tool for managing finances, setting long-term goals, and developing strategies for financial success. We believe that it is important for individuals to have a clear understanding of their financial situation and we are here to help them achieve that.

Ensuring the proper use of federal funds is of the utmost importance, and a single audit is a comprehensive way to do so. Comprised of an audit of your financial statements and a compliance audit of your major federal award programs, a single audit provides an in-depth review of your organization's financial health and compliance with government regulations. Not all organizations that receive federal awards are required to undergo a single audit each year, but with the increased complexity of federal programs and heightened scrutiny from regulators, it's crucial to work with an experienced auditor. At Draffin Tucker, we have a wealth of single audit experience and offer a comprehensive service that not only ensures regulatory compliance, but also provides recommendations for improving your organization's contract compliance with the government.

As an employee benefit plan sponsor, it's important to ensure the financial health and compliance of your plan. If your plan has 100 or more eligible participants, it falls under the jurisdiction of the Employee Retirement Income Security Act of 1974 (ERISA) and is required to undergo an annual audit by a qualified independent accountant. With the increasing demands placed on plan sponsors by participants and regulators, it's crucial to choose an auditor with a track record of success in this area. At Draffin Tucker, we have extensive experience auditing employee benefit plans and go beyond mere compliance to offer recommendations for improving plan administration.

Maintaining compliance with industry regulations is crucial for the success and longevity of any business. A Compliance Examination provides a thorough review of your company's operations to ensure that you are meeting all relevant rules and regulations. Our team focuses on high-risk areas and evaluates the procedures in place to ensure compliance. Whether you're a small startup or a well-established enterprise, a Compliance Examination can provide valuable insights and help your business thrive.