At Wieland Wallace Inc., we take enormous pride in our client service accomplishments in the audit field. We recognize we are in a service business and we approach our work in that fashion. Our approach to auditing is to make it as convenient and trouble-free for our client and its personnel as possible.
Because we only provide audit services to clients in a select few industries, we are able to dedicate 100% of our efforts to providing those clients the highest quality services efficiently and effectively.
Whether you’re the owner or sponsor of a multi-family housing development, or involved with a nonprofit organization, we can likely provide you with the audit and tax services you need on a very cost efficient basis.
An audit is the highest level of assurance that CPA firms offer in their reports. Often clients need to present financial statements to outside parties and others, but may not be required to have the financial statements be audited. In these instances, the profession offers either a review or compilation engagement.
A review engagement is less extensive than an audit, but is more involved than a compilation engagement. It consists principally of analytical procedures we apply to your financial data and inquiries we make of management. In a compilation engagement, we compile the financial statements based on the representations of management, but offer no assurance or opinion on the financial statements. In both a review and compilation engagement, we utilize our experience and knowledge of generally accepted accounting principles to help our client draft and present financial statements. These services include determining necessary adjusting journal entries and footnote disclosures required. Only the form and content of the assurance in our report varies. We at Wieland Wallace Inc. can help you determine if a review or compilation engagement is right for you.
At Wieland Wallace Inc., we have extensive experience in tax preparation and compliance matters for all entities. For every audit and assurance client, we will at their request prepare their federal and state annual income tax filings as part of the annual fixed fee. These typically include Form 990 (nonprofit organizations), Form 1065 (partnerships), Form 1120 (corporations), Form 1120-C (cooperatives) and 1120-S (S-corporations). Many clients have other accounting firms that they engage for tax, bookkeeping and similar services. In these instances we provide the other accounting firm necessary data from our engagement to complete the tax filings and related work.
We work hard to become a trusted member of your team and develop a close, productive, long-term working relationship.
All engagements start with a discussion about your organization’s needs and how Wieland Wallace Inc. can best help you reach your goals. From there, we work with you to make the process as easy as possible and become a valuable reference resource for you all year long.
To speak with someone at Wieland Wallace Inc. or to submit an RFP please use the form on the Contact Us tab.