ASSURANCE

AUDIT SERVICES

At ACTH, we believe an audit entails far more than providing a simple report on your financial statements. An audit should provide a better understanding of your systems and a greater opportunity to improve your performance. Our program enables our staff to achieve a thorough understanding of your organization, by employing analytical procedures that allow us to identify trends or unusual relationships within your financial statements.

Equally important is your audit engagement team. We believe in maintaining staff continuity throughout the engagement. In our experience, this continuity enables the audit to be performed in the most efficient and timely manner possible. It's one more example of how we work with our clients to provide the highest level of service possible.

Why you should perform an audit of your company (even if your shares are not publicly traded).

• Your bank and other lenders will give greater weight to financial statements that are audited
• You might want to sell your business in the future and a potential buyer will rely on audited historical data
• You have ambitions to go public and need to establish a series of audited operating statements
• You have concerns regarding your company's accounting systems and want comprehensive, timely financial information
• You have questions as to the effectiveness of your internal checks and controls, and want to overhaul these systems to sharpen the internal review of data input and the process of collection and summarizing information
• You want an independent appraisal of management's policies and their effect upon the company's operations
• You would like to improve the definition and accuracy of budgets and forecasting
• Your profitability could benefit from expense restructuring and the advantages to be drawn from comparisons with industry leaders.
• Because you, the controlling shareholder, would simply like some external validation of your stewardship for your own satisfaction or for the benefit of fellow shareholders and lenders

ACTH will also audit your company pension plan, employee benefit plan or deferred profit sharing plan.

REVIEW SERVICES

While less complete than an audited financial statement, reviewed financial statements are very useful in providing full disclosure of all material aspects of your business, its financial position, and operations. A few of the important benefits and uses of a review include:

• The current performance of your company is compared with prior periods. Major changes are accounted for and explained
• The financial health of your business is diagnosed through the application of ratios and related analyses
• Industry comparisons are provided as a basis for constructive change and improvement
• Review and analysis of financial information helps improve the usefulness of your financial reporting as to its format and disclosure
• Findings enable us to comment effectively on your business revenues, margins and expense structure

Commentary on trends, business practices and comparative industry data help increase profitability.

COMPILATION SERVICES

When we assist you in the compilation of your financial statements, you receive:

• Format and descriptions, which are truly meaningful and informative
• Guidance in selecting the most effective presentation for your business needs
• Assistance in organizing your accounts so they appropriately represent the structure of your business and provide clear definition of the significant components of its operations