The backbone of Chadwick, Steinkirchner, Davis & Co., P.C. is a well-trained and effective audit department. In order to provide professional audit services to our clients, we have a full-time staff of qualified audit professionals. These individuals are highly trained in auditing and management skills. This means that our clients are assured of timely, quality service at a realistic cost. In order to meet our client's needs in an economical yet professional manner, we use modern auditing techniques best suited to each individual client. Where possible, we use the "systems approach" to auditing. This means that we perform sophisticated tests of the accounting systems and, based upon the results of these tests, we restrict audit procedures to only those areas where material errors are likely to occur. We use statistical sampling-another time-saving audit tool-to determine error rates and judge acceptability of account balances. We have a comprehensive audit manual and a current technical updating services to keep us abreast of the latest auditing and accounting developments.
We emphasize service in our work, constantly seeking to help our clients make their businesses more profitable and efficient. As a part of our audit service, we will develop ideas and recommendations for ways to improve your business. We will discuss these ideas with you in detail and summarize them in a useful, separate management letter. The implementation of these ideas often can lead to efficiencies or increased profits that help defray audit costs.
