Audit & Review Services
Independent audit and review services that bring clarity, accountability, and confidence to your financial reporting. Trusted by organizations across Wisconsin.
Financial Services
Strengthening Confidence in Your Financial Statements
We provide audit and review services to businesses, nonprofits, and organizations throughout Wisconsin communities and the surrounding region, delivering thorough financial analysis, regulatory compliance support, and clear reporting that stakeholders can rely on.
Expertise
Nonprofit Audit
Financial Audits
An audit provides the highest level of assurance and includes a close examination of the financial statements and a review of the internal controls of the organization. Many grant agencies, and often times state or federal regulation, require audits of governments.
Single Audits
Depending on the level of funding and grant requirements, some organizations are required to complete compliance audits. These audits deal with the internal control and ensure that grantees are in compliance with all requirements of their funding agreements.
Program Audits
Provides services to audit a specific program of your organization and does not look at the financial information of the entire organization. These types of audits ensure that the organization is in compliance with the funding source’s requirements for the year.
Reviews
Analyzes procedures and inquiries of management to ensure there are no known material misstatements in the financial statements. A review is geared towards an organization that does not need an audit, but would still like some assurance that the financial statements are free of errors.
Compilations
Compilations are less in scope than both audits and reviews. JBC can assist in the preparation of the notes and financial statements based on the information given to us by the management of the organization.
Federal & State Tax Returns
Compilations are less in scope than both audits and reviews. JBC can assist in the preparation of the notes and financial statements based on the information given to us by the management of the organization.
Government Audit
Financial Audits
Provides the highest level of assurance and includes a close examination of the financial statements and a review of the internal controls of the organization. Our team focuses and have many years expertise in nonprofit audits.
Single Audits
Depending on the level of funding and grant requirements, some organizations are required to complete compliance audits. These audits deal with the internal control and ensure that grantees are in compliance with all requirements of their funding agreements.
Reviews
A review is geared towards an organization that does not need an audit, but would still like some assurance that the financial statements are free of errors. Reviews consist primarily of analytical procedures and inquiries of management to ensure there are no known material misstatements in the financial statements.
Compilations
Compilations are less in scope than both audits and reviews. JBC can assist in the preparation of the notes and financial statements based on the information given to us by the management of the organization.
PSC Reports
JBC provides audit services to numerous PSC regulated utilities. Along with auditing the financial statements of the utilities, we can provide assistance preparing the annual reports required by the PSC for water and electric utilities.
PSC Rate Cases
When a utility raises its rates, a PSC rate case study is required under certain circumstances. JBC can provide assistance in compiling the information required for the rate case study, as well as providing support and representation when the rate case hearing is heard by the PSC.
DOR Reports
Municipalities are required to file a Form C with the Wisconsin Department of Revenue every year. JBC has extensive experience compiling the information for these forms and can assist in preparing and submitting the form along with other services that are performed.
Collaborate With Us
Contact Johnson Block today to learn how our audit and review services can help your business or organization move forward with confidence.
JBC