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Accounting and Assurance Services

Accounting and Assurance Services

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Accounting issues for cooperatives are a world unto themselves. You need a CPA firm that is experienced and familiar with the unique aspects of the co-op business model. Clifton Gunderson has built a national reputation as a leading provider of accounting and assurance services for cooperatives.

Our audit professionals offer three levels of assurance services—audit, review and compilation. All work is performed in accordance with standards established by the American Institute of Certified Public Accountants (AICPA).

Audit – An audit is the highest level and most common assurance service. It is a comprehensive, risk-based examination of an organization's financial statements which culminates in an opinion on their fairness.

Review – A review engagement provides "limited assurance" regarding the fairness of your financial statements. We perform analytical procedures and inquiries of management that take less time and are substantially less comprehensive than audits.

Compilation – Organizations needing assistance in preparing financial statements may choose our compilation services. Our professionals will assist your staff in compiling the information needed to deliver statements meeting AICPA standards. No assurance is given concerning the accuracy of underlying financial information.