Auditing (External and Internal) and Accounting Services

Padilla & Company, LLP offers a range of auditing and accounting services, reviews, compilations and other attestation engagements of financial statements, as well as performance and compliance audits.

Our independent evaluations of financial statements are conducted at four levels:

External Audit By means of applicable standards, provides reasonable assurance on the fairness of the financial statements
Internal Audit By evaluating and monitoring a company’s risk management, reporting and control practices and making suggestions for improvement.
Review Using inquiry and analytical procedures to express limited assurance that there are no material modifications that should be made on the financial statements
Compilation Involves presenting information, consisting of management’s representations in the form of financial statements, without expressing assurance on them.

Our attestation engagements include examining, reviewing and performing agreed-upon procedures with our clients on a subject matter and reporting on the results.

We have performed special tasks such as the review and evaluation of internal control systems to ensure effectiveness and efficiency of operations, reliability of financial reporting and compliance with applicable laws and regulations.

Padilla & Company, LLP performs audits with strict adherence to the AICPA Generally Accepted Auditing Standards (GAAS), GAO Generally Accepted Government Auditing Standards (GAGAS), Statement on Auditing Standard (SAS) 99 and other new releases of SAS, Office of Management and Budget (OMB) Circular A-133 requirements and peer review requirements of audit. We constantly keep ourselves abreast of the ever-changing economic and regulatory environment of the clients we serve.
 


For more information, please call:
Tel No.: (718) 558-5858
Fax No.: (718) 206-1040
Email Address: reylpadilla@aol.com
info@padillacpa.com

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