The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for businesses hit by the novel coronavirus (COVID-19) crisis. Those provisions…
Audit
W&D's reputation, quality and independence provide third party credibility and confidence to lenders and investors.Audit & Advisory Services
Quality decision making begins with dependable, fairly presented financials that provide a clear picture of the health of your organization. W&D’s audit services provide accurate, meaningful, unbiased and objective information.
Accurate, reliable audits, reviews and compilations — whether of financial statements, employee benefit plans or not-for-profits — are a central part of business integrity, affecting the availability of capital, the quality of internal decision making and the confidence of business partners, investors and donors.
W&D provides a full range of audit and assurance services to businesses in Chicago, across the U.S. and their interests abroad. Our reputation, quality and independence provide third party credibility that can enhance a company's position with the financial community. In fact, our firm is called upon by lending institutions to perform auditing services.
W&D is a participant in the AICPA's Peer Review Program receiving the highest quality ratings. We also act as a reviewer for other firms and serve on the Illinois CPA Society's Peer Review Committee. Our most recent review was successfully completed for the year ended March 31, 2020. W&D is also a member of the AICPA's Governmental Audit Quality Center and Employee Benefit Plan Audit Quality Center.
Accounting standards changes & advisory services
An independent view of your accounting processes is often necessary when changes in regulatory standards, financial reporting requirements, trade laws, and the move toward global IFRS adoption initiate a need for review. Warady & Davis will make recommendations and provide clarity on how accounting changes impact your tax compliance, IT systems, and reporting platforms.
W&D's audit & accounting services include:
- Application of new accounting standards & regulations
- Business and not-for-profit audits
- Employee benefit plan audits
- Accounting advisory services
- Financing & refinancing
- Reviews & compilations
- Controllership services
- Internal audits
- Operational reviews & audits
- Special reports & analyses
- Bank loan audits
- Projections & forecasts
- Due diligence reviews
- Litigation services
- Investment accounting
- Business valuations
- Internal control
- Fraud prevention & investigation
- Entrepreneurial/Small business accounting
The Idea Exchange Blog
Using your financial statements during an economic crisis
The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions. One place to look for the information you need to…
FASB accounting rules delay in the works
Recently, the Financial Accounting Standards Board (FASB) voted to issue a proposal that would delay several landmark accounting rules for certain companies. If finalized, the deferral would apply to new…