Think all audits are the same? Not true. While many firms are capable of conducting audits, relatively few have the capabilities of advancing beyond this process in order to benefit you. During an audit conducted by Honkamp Krueger & Co., P.C., we go beyond the numbers. We seek out ways to help you improve the operational and financial practices of your organization. You will receive these recommendations as part of your audit’s normal service.

Another difference is our first-rate audit staff, which consists of experienced CPAs and Certified Internal Auditors^®. They utilize their specialized training by designing audit and review programs to meet your company's specific needs. Your audit is assigned to the staff member whose knowledge and experience is best suited to your organization. Many times, you will work with the same auditor each year, saving you the time it requires to work with someone new. Our auditors stay fresh in their fields by participating in organizations such as the Institute of Management Accountants.

There are several areas in which our experienced and knowledgeable auditors can help you:

Audits, reviews and compilations
Our audit services are designed to provide you with accurate financial information to enhance your business performance. Audits and reviews, long viewed as the CPA profession’s core products, are a necessary part of operating a successful business and are beneficial to you and your company. We will conduct an efficient, professional audit. Also, every audit will have recommended improvements based on the information we uncovered in the audit.

Compilations offer you a snapshot of your financial position. You provide us with your information and we will return to you accurate, useful financial statements. They will be helpful for you to understand your progress.

Employee benefit plan audits
The Department of Labor wants to ensure you are investing your employees’ funds properly. We have a vast amount of experience with employee benefit plan audits so you will feel confident that your audit is being handled by a team of season professionals. Your audit will be performed proficiently, quickly and at a reasonable rate by a firm with an excellent reputation and standing in the accounting industry.

Internal control reviews
In order to reduce your risk for internal fraud, internal control reviews are critical. During this service, our CPA, who is also a Certified Fraud Examiner, will review some simple internal controls such as separating the duties of your employees in the office. You will also be given recommendations to reduce your susceptibility to misappropriation. Or if you’ve dreamed of spending more time away from the office, but you worry about internal fraud, we can conduct an internal control review or internal audit to check on your business for you. Finally, we can conduct a surprise bank reconciliation, which aims to protect the cash assets of your company.

Fraud investigations
With the high cost of fraud investigations, you should turn to true professionals. On staff, we have a CPA who is a Certified Fraud Examiner (CFE) with hands-on experience in performing several fraud investigations.