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Audit & Attestation Services in Spokane, WA

Financial statement audits, reviews, and compilations

Gain confidence in your financial information with experienced audit and attestation services for businesses and organizations throughout Spokane and Eastern Washington.

  • Financial statement audits The highest level of assurance
  • Reviews & compilations The right level of reporting for your needs
  • Agreed-upon procedures Focused work on specific requirements
  • Tax audit assistance Help responding to IRS and state notices

Tax Audit Assistance

Washington State Tax Audit Assistance in Spokane

If your business or personal return has been selected for an IRS or Washington State tax examination, timely professional guidance can help you understand the request, organize your records, and respond appropriately.

Because tax audit assistance is different from a financial statement audit, we begin by reviewing the notice and determining what type of support or representation may be appropriate.

  • Review of your IRS or state notice
  • Help organizing records and documentation
  • Guidance on a timely, appropriate response
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WHAT TO EXPECT

A Practical, Well-Organized Audit Process

We believe an audit should provide more than a compliance deliverable. Our professionals work to make the process clear, responsive, and appropriately planned from the beginning.

Understand Your Requirements

We identify the intended users, deadlines, reporting framework, and specific engagement requirements.

Plan the Engagement

Our team establishes the scope, timeline, documentation needs, and communication process

Perform the Work

We examine the applicable financial records, controls, transactions, and supporting documentation.

 

 

 

Communicate the Results

We discuss our findings, answer questions, and deliver the appropriate financial statements and reports.

SERVICES

Professional Audit and Attestation Services

Financial Statement Audits

A financial statement audit provides the highest level of assurance. We examine financial records, internal processes, supporting documentation, and accounting practices to determine whether the financial statements are fairly presented in accordance with the applicable financial reporting framework.

An audit may be required by a lender, investor, regulator, governing board, or contractual agreement.

Financial Statement Reviews

A review provides limited assurance through analytical procedures and inquiries. It is less extensive than an audit but offers greater assurance than a compilation.

Reviews can be appropriate for organizations that need credible financial statements without the scope or cost of a full audit.

 

Agreed-Upon Procedures

An agreed-upon procedures engagement focuses on specific financial information, transactions, accounts, or compliance requirements identified by the organization and other intended users.

Rather than providing an audit opinion, we perform the established procedures and report the factual findings, allowing stakeholders to evaluate the results based on their particular needs.

Financial Statement Compilations

A compilation assists management in presenting financial information in the form of financial statements. It does not provide assurance, but it can help a business produce organized financial statements for internal use or submission to outside parties.

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Reliable Financial Reporting for Important Decisions

Over 30 Years of Guidance That Stays Active

BSK Tax Advisors is a Spokane-based CPA and advisory firm dedicated to helping businesses and individuals achieve financial clarity and long-term success. Our experienced team provides proactive tax planning, accounting, and business advisory services designed around the unique needs of every client. We combine decades of experience with a personalized approach to deliver the trusted guidance our clients rely on year after year.

Audit vs. Review vs. Compilation: Key Differences

The following table provides a general comparison:

Service Level of Assurance General Procedures CPA Report Relative Cost & Time Common Reasons
Compilation

No assurance

Organizes and presents management’s information; limited consideration of obvious issues

States that no assurance is provided

Usually the least extensive and least costly

Internal reporting, planning, or stakeholders that do not require assurance

Review

Limited assurance

Inquiries and analytical procedures; limited investigation of unusual items

States that the CPA is not aware of material modifications based on the review

Generally more involved than a compilation but less than an audit

Financing, investor reporting, board requirements, or other moderate assurance needs

Audit

Reasonable assurance

Risk assessment, testing, confirmations, documentation review, internal control procedures, and other audit work

Expresses an opinion on the financial statements

Generally the most extensive, costly, and time-consuming

Significant financing, grants, ownership agreements, regulations, or strong stakeholder requirements

Serving a Wide Range of Clients

Today's business owners need more than tax preparation. They need trusted advisors who can help them make smarter decisions, improve cash flow, minimize taxes, and create long-term value.


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Individuals & Families

Tax preparation and planning strategies for individuals and families to help you minimize taxes and achieve your financial goals.

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High-Net-Worth Individuals

Helping high-net-worth individuals and families protect their wealth, plan strategically, and stay prepared as their financial needs evolve.

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Small & Growing Businesses

Practical accounting, payroll, tax, and advisory solutions that grow with your business and help you improve cash flow and profitability.

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Established Businesses

Strategic guidance, reporting, and planning to help established companies manage risk, improve performance, and plan for the future.

SERVICES

Solutions Designed to Help You Grow

Today's business owners need more than tax preparation. They need trusted advisors who can help them make smarter decisions, improve cash flow, minimize taxes, and create long-term value.

  • Tax Preparation

    We prepare accurate individual and business tax returns while identifying opportunities to minimize taxes and keep you compliant throughout the year.

  • Accounting & Bookkeeping

    Our bookkeeping and accounting services keep your books organized, your reports accurate, and your business prepared for better financial decisions.

  • Tax Planning

    Our proactive approach identifies tax-saving opportunities before year-end so you can reduce liabilities and avoid surprises.

  • Payroll

    From payroll processing and tax filings to employee reporting, we help ensure your payroll runs smoothly and accurately every pay period.

  • Advisory

    We provide strategic guidance on profitability, cash flow, forecasting, and long-term planning to help you make better business decisions.

Audit & Attestation Frequently Asked Questions

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Insights to Help you Grow your Business

Today's business owners need more than tax preparation. They need trusted advisors who can help them make smarter decisions, improve cash flow, minimize taxes, and create long-term value.

6 min read

Audit vs. Review vs. Compilation: Which Does Your Business Need?

Introduction Businesses and nonprofit organizations may need different levels of financial statement services depending...

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