Unique. Adaptive. Focused.
Whether you are looking to start an internal audit function, require additional audit resources, need to reduce costs, or simply want a new perspective: Abraham Accounting Solutions has your solution. With a wealth of internal audit and operational experience in multiple industries and segment sizes, our professionals bring the technical expertise and knowledge to enhance your internal audit function. We can scale our internal audit service offerings to meet your business needs and budget.
Our professionals have the technical expertise and resources necessary to complete all audit activities, including conducting risk assessments and evaluating the presence and effectiveness of internal controls in all areas of your operations, not just financial reporting. We use the risk assessment results and management input to develop customized long-range and annual audit plans that provide the best value to your organization.
Abraham Accounting Solutions’ methodology has the flexibility to customize each internal audit to your business needs in the most effective and efficient way possible, but most importantly, Abraham Accounting Solutions professionals are motivated, knowledgeable, courteous, client-oriented, and approach your staff with the respect they deserve.
- Proven Risk-Based Audit Methodology
Abraham Accounting Solutions uses a risk-based, entity-wide approach to identifying, documenting, and testing internal controls. Our professionals include Certified Internal Auditors, Certified Public Accountants, and Certified Fraud Examiners who abide by the International Standards for the Professional Practice of Internal Auditing as promulgated by the Institute of Internal Auditors and the Government Auditing Standards (Yellow Book). Additionally, we have the technical knowledge and expertise to assess internal controls according to additional financial reporting requirements that impact governmental agencies such as the Chief Financial Officers Act of 1990, the Federal Financial Management Improvement Act of 1996, and the OMB Form and Content guidelines. Our risk-based integrated audit methodology is customized to your business needs and includes the following:
- Integration of COSO Principles
- Review of financial statement assertion impacts
- Understanding of business objectives and risks
- Mapping and documenting of processes and controls
- Implementable solutions to enhance internal controls and increase efficiencies
Abraham Accounting Solutions’ risk advisory methodology transcends the traditional cookie cutter mold to provide you with cost competitive services for your needs. We customize our approach to focus on your business risks and controls then develop recommendations that lead to reduced business risks, increased efficiencies and cost savings.