Dean Dorton’s International Financial Reporting Standards (IRFS) Expertise
We work with each client to co-develop the right approach and timing. We have found that our tailored approaches are the most productive and efficient for both client and auditor. At the beginning of our work we have a planning session with our client to ensure we are all in agreement with the approach and timing. We believe very strongly in proper planning and using audit or review procedures that mesh well with our clients’ operations, systems and procedures.
Dean Dorton maintains a paperless office, resulting in significantly enhanced technology assurance techniques. What we need is simply downloaded from our clients’ system or emailed to us electronically, saving both time and money. Our team also looks for areas in which data extraction techniques can be used to increase audit effectiveness and efficiency. Data extraction software allows us to analyze, manipulate, sample and extract data from almost any source.
Assurance clients benefit from our strong industry and technical knowledge, but also our outstanding reputation in the marketplace for audit and assurance services. We are members of the AICPA Center for Audit Quality (CAQ), AICPA Governmental Audit Quality (CAQ) and Private Company Practice Section (PCPS), and we are registered with the Public Company Accounting Oversight Board (PCAOB).
Dean Dorton’s Audit, Review, and Compliation Services
What kind of assurance services do you need?
An audit is the most common and highest level of assurance services. An audit involves performing procedures in accordance with the applicable auditing standards to obtain audit evidence about the amounts and disclosures in the financial statements. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
A review is a lower level of assurance and involves performing primarily analytical procedures and inquiries. The review standards require us to perform procedures to obtain limited assurance that there are no material modification that should be made to the financial statements.
The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements.
Why Choose Dean Dorton
- Innovative business thinking with a fresh perspective
- Attention to detail
- Commitment to accurate, quality and timely services
- Focused on helping each client succeed
- Nationally recognized experts who work personally with each client