Assurance & Accounting  

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Financial statements help owners and managers make decisions and allow outside parties to evaluate the financial strength of an entity. When we provide assurance & accounting services we strive to be much more than just an auditor or independent accountant offering a report on your financial statements. Our goal is to develop an understanding of your business operations and strategies, allowing us to make proactive recommendations and assist you in addressing business issues.

Determining the Level of Service You Need

The American Institute of Certified Public Accountants has standards that allow CPAs to offer three traditional levels of assurance on financial statements. Those three levels of assurance include audits, reviews and compilations. We can help you determine which level of service best meets your needs:

  • Audits—An audit entails understanding internal controls, outside verification of selected items and many other detailed procedures that allow us to render an opinion on the financial statements.
  • Reviews—During a review, we make certain inquiries and perform analytical procedures that allow us to express limited assurance on the financial statements.
  • Compilations—A compilation entails obtaining information from your staff and placing it in the form of financial statements, without expressing an opinion or assurance on them.

In certain situations, instead of one of the traditional assurance services listed above, it may be advantageous for us to provide agreed-upon procedures or customized consulting services to achieve your objectives. We will help you evaluate the alternatives to determine the best way to meet your needs. 

Helping You Achieve Long-term Growth and Profitability

Mergers, Acquisitions, and DivestituresTraditional assurance services help you evaluate the past and present. Our advisory services help you look to the future. Through ongoing contact, we will gain an understanding of your business and help you address the problems you face in an ever-changing environment. We strive to be your business partner and full-service consultant. We can assist you in the following areas:

Forecasts and projections

Due diligence and deal structure assistance

Determining appropriate performance measurements

Monitoring operations using focus reporting on margins, productivity, payroll, etc.

Compensation and incentive planning

Profitability and cost analysis

Financing assistance

And many more…

Why Vrakas?

At Vrakas, we are about more than just compliance. We make it a priority to understand your business operations and goals and strive to add value with the services we provide.

Interested in learning more?

 

Timothy C. Itzin

Tim Itzin Shareholder

 

Timothy C. Itzin

CPA, Shareholder
Michael J. Kuhn

Michael Kuhn Shareholder

 

Michael J. Kuhn

CPA, Shareholder
Bradley E. Kussow

Bradley E. Kussow Shareholder

 

Bradley E. Kussow

CPA, CMA & CM&AA, Shareholder
Peter J. Sinsky

Pete Sinsky portrait

 

Peter J. Sinsky

CPA, Partner
John M. Staehler

John Staehler Headshot

 

John M. Staehler

CPA, CVA, Shareholder
Bradley J. Weckwerth

Bradley J. Weckwerth Headshot

 

Bradley J. Weckwerth

CPA, President and Managing Shareholder

Sweating Over a Company Audit?

There is no need to stress when you have Vrakas on your side! Our goal is to form a relationship with your team and develop an understanding of your business operations and strategies. This allows us to make proactive recommendations and assist you in addressing...

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