Accounting and Auditing

Your company's financial statements tell more about your business than anything else. Accuracy is vital. An EHTC audit, review or compilation will give you the information you need to assist in making your business more successful.

Accounting Services

You may choose to have us prepare compiled or reviewed financial statements.

For many situations, a compilation will provide business owners and managers with the relevant financial information they need to make well-informed decisions.

Reviewed statements are often all that is needed for meeting:

• Bank loan requirements
• Bonding requirements
• Buy/sell agreements

These two statement preparation levels are offered as an accounting service, and we do not express an opinion on such statements.

Our accounting services include:

• Assistance in adjusting and closing the books
• Preparation of year-end financial statements
• Preparation of interim financial statements
• Reviewing your bookkeeper's work
• Reviewing internal control structure
• Assistance with projections, budgeting and forecasting

The most comprehensive level of financial statement preparation is the audit. When preparing audited statements, we conduct an examination of your company's financial reports in accordance with generally accepted auditing standards. This enables us to express our opinion on the fairness of the presentation of your financial position and operational reports.

Audited statements are helpful in:

• Negotiating bank loans and other credit
• Reporting to regulatory authorities
• Assuring credibility of financial statements for use by partners, stockholders, or bankers
• Developing stock buy/sell agreements
• Meeting bonding requirements
• Safeguarding business assets

We are registered with the Public Company Accounting Oversight Board (PCAOB); thus, we are qualified to prepare audits of non-public broker-dealers. Absent action by the Securities and Exchange Commission (SEC), a registered public accounting firm must certify financial statements of non-public broker-dealers for fiscal years ending after December 31, 2008.

We also perform Employee Benefit Plan audits and Goodwill Impairment testing.

As part of the audit, we frequently provide suggestions for improvements in internal controls, streamlining of operational processes and minimization of income taxes.

Personal Financial Statements

Just as businesses use financial statements for many purposes, a personal financial statement is the accepted way of presenting your net worth. The statement also can help you plan for retirement, obtain financing, and meet other personal planning needs.

EHTC offers many other services to assist your business including:

• Internal control reviews
• Inventory analyses
• Cash flow analyses
• Special-purpose reports
• Loan negotiation assistance

Team members available to assist you are:
  Dennis M. Echelbarger, CPA/CFF
  Mary Beth Lorenz, CPA
  Dale R. Manske, CPA
  Jenna L. Federau, MSA
  Margie S. Gerencer, CPA, MBA
  Jennifer A. Hashley, CPA
  Brenda K. Pavlak, CPA
  Cody E. Pike, MST