Audits as Opportunities
Our aim is to go beyond the cut-and-dried formalities of financial accounting and auditing to add significant value to your enterprise by uncovering opportunities to correct weaknesses, avoid mistakes, and save money. Our due diligence audits of potential acquisitions provide insights into the target’s proper valuation, from quality of earnings to skeletons in the closet. We extensively plan out audit engagements so that we can identify all the information and resources we’ll need up front, rather than continually coming back to you with additional requests. We commit to a schedule of critical dates and generate a computer template for our fact-gathering fieldwork. We adhere to block scheduling – unlike some auditors that separate fieldwork and report delivery into different, and time-separated efforts, we work in a continuous block of time to deliver your audit results and management letter as soon as possible following field work. Our management letters provide actionable recommendations to strengthen your organization, remove weaknesses, reduce risks and cut costs.
We are members of the American Institute of Certified Public Accountants’ Employee Benefit Plan Audit Quality Center and of the BDO Alliance. You can be confident that we have the most current resources available to handle any audit issues that arise.
Our ERISA audits present more opportunities for saving money and increasing results. White Nelson Diehl Evans develops cost/return benchmarks of mutual funds that can save money for your retirement plans and for your employees. If you’re paying high fees, we’ll recommend alternatives to lower your costs without sacrificing performance. Our experienced, professional staff will catch and correct the errors that have caused the Department of Labor to require correction actions on 75 percent of the 3,500 ERISA audit reviews it has conducted since 2011.