Squire and Company Assurance Services provide you with a unique combination of accurate information and valuable insight that can improve your business strategy, information management, internal controls and more. All of which can have a measurable, positive effect on your profitability.

Whether yours is a start-up or a long-established company, we can provide you with a full range of assurances services - from financial report preparation, to audits of historical financial statements, prospective financial presentations, and preparation of an array of special attestation reports.

Expertise - Led from the Top
With a partner-to-staff ratio among the lowest in the accounting profession, Squire and Company partners are directly involved in your audit, driving both the planning and execution. Appropriate staff is assigned, based on their knowledge of your industry.

Our partners are active in the leading professional organizations. This enables us to abreast of the development of new professional standards as well as emerging audit and accounting issues.

Audit Services
Squire and Company audits historical statements for your use, as well as the use of your lenders, suppliers, investors, governmental authorities and others. This service involves tests of your records and procedures. We examine source documents, observe assets and confirm account balances with outside parties, all to enable us to express an opinion on the fair presentation of your financial statements.

Our audit plan is tailored to your particular operation and financial reporting requirements, with a focus that's specific both to your industry and your company.

We recognize the value of your time, so our audit plans are developed with efficiency and relevance as top priorities. We use the latest in computer assisted audit techniques to efficiently access information, identify trends and make comparisons that are not possible manually. Procedures are completed quickly with less disruption to your operations.

Utilizing this technology, financial information flows smoothly from trial balances into integrated financial statements and analytical review schedules. Financial statements and other reports are prepared, reviewed and issued in a timely manner.

Using analytical tools such as spreadsheets and graphs, we compare your current financial information with prior periods to gauge progress, or with the financial information of similar entities to provide insights into your competitive position. That information is then incorporated into a comprehensive management report, along with any other insights or suggestions noted in the course of the audit.

Internal Audit Services
An organization's governing board or audit committee has many important responsibilities. In addition to overseeing the process of achieving its core business goals, the governing body is responsible for establishing an effective and efficient control system, establishing financial reporting policies and procedures, and creating a system of corporate governance to assure compliance with laws and regulations.

The internal audit function has long been an important tool to help fulfill these responsibilities, with its traditional mission of safeguarding assets and monitoring compliance with the organization's policies and controls. However, in today's fast-changing world, organizations are demanding that the internal audit function also create value, through cost savings, enhanced revenues, and improvements in operating efficiencies.

Are you concerned that your internal audit function is not keeping pace with the rapidly changing business environment? Does your organization seem unable to find the time and resources to create and communicate important goals and policies, and to monitor progress toward achieving those goals? Are you unable to initially hire or retain experienced internal audit personnel? If you said "yes" to any of these questions, then Squire and Company can help.

Value-Added Internal Auditing
Squire and Company has the experience and depth of knowledge to do more than simply monitor compliance with established rules and policies. We can add value to the internal audit function by helping your organization set values and goals, ensure that those values and goals are communicated, and monitor progress toward their achievement.

An internal audit function should contribute to the success of your organization in three important ways -

• Risk management - The internal audit function should be designed to help identify exposure to risks that may impede the organization's ability to achieve its goals. It should also contribute toward improving the organization's risk management and control systems. Risk affects an organization's ability to compete and to maintain its quality and productivity. An effective internal audit function proactively identifies risk factors and assesses their significance.
   
• Control systems - A well-designed internal audit function adds value by evaluating the effectiveness and efficiency of controls in achieving the organization's objectives. It includes reviewing whether your resources are deployed in an economic and efficient way, and whether assets are safeguarded against theft, destruction, or improper use. By reviewing human resource practices, an internal audit function can also help guard against the loss of experienced personnel - human assets - which are the most critical assets to an organization's success. Internal auditors can determine if an organization's assets aren't properly safeguarded and make recommendations to ensure that they are.
   
• Governance processes - The internal audit function should also include review of your organization's policies to ensure compliance with laws and regulations, ethical behavior, and conflicts of interest.

Squire and Company will work with your organization to create and implement an objectives-focused plan that enables you to assess risk, evaluate controls, and monitor compliance with policies and regulations.

Why Squire and Company is Uniquely Suited to Provide Internal Audit Services
As one of the largest local public accounting firms in the state of Utah, we help organizations of all sizes and have a vast pool of knowledge and industry expertise to draw on. We have gained that knowledge and expertise by working closely with our clients to help them succeed. We use the latest in computer assisted audit techniques to efficiently analyze data in your information system, and we provide our professionals with ongoing training to keep them abreast of changes in the business environment. We have the resources and the commitment to provide an excellent internal audit service to your organization.

Squire and Company is a member of the SEC Practice Section of the American Institute of Certified Public Accountants, to which an accounting firm must belong in order to audit publicly traded companies. We are proud of the unqualified reports we have earned on our accounting and auditing quality control system in every one of our peer reviews.

Internal Audit Services That Fit Your Needs
Driven by the desire to add real value to their organization, our clients turn to us to assist their existing internal audit team, partner with their audit team to share the load, or completely outsource their internal audit function.

Assisting Your Internal Audit Department - If you already have an internal audit team, we can assist in developing or reviewing your internal audit program. We can also provide audit training or special assistance in complex areas.

If you're just setting up an internal audit function, we can help you establish the functional and organizational framework within which the internal audit function will provide services to management and to the Board.

Partnering With Your Internal Audit Department - This is especially effective for larger corporate structures or organizations with multiple locations, divisions, or subsidiaries.  The result? A cost-effective approach.

Outsourcing the Internal Audit Function - If desired, Squire and Company can assume complete responsibility for your internal audit function. By outsourcing, your organization can remain focused on its core responsibilities and mission. You can eliminate the investment in people, training and technology that is often unrelated to your primary business activities, and still receive the benefits of a high quality, cost-effective range of internal audit services.

Internal Audit Services
Squire and Company can provide a wide range of internal audit services. Here is a list of some of the internal audit services we have provided to our clients -

• Internal control reviews and assessments
   
• Process improvement reviews
   
• Information system reviews
   
• Cash management system reviews
   
• Regulatory compliance assessments
   
• Investigation of suspected or actual fraud
   
• Training for internal audit professionals
   

Begin a Satisfying Relationship with Squire and Company
Whenever you work with us, you'll discover that Squire and Company is large enough to offer the depth and breadth of services you expect, with the type of close, personal attention that leads to a satisfying, long-term relationship. For more information on our internal audit services, call your local office.

Other Historical Financial Statement Services
If full auditing services are not required, Squire and Company can provide two levels of unaudited services on historical financial statements - review or compilation.

• Review Services - We hold discussions with your company's
  management and conduct an analytical review of your financial
  results. Our report indicates limited assurance as to the
  appropriateness of the financial statements.
• Compilation Services - We assist your accounting department in the
  preparation of your financial statements in accordance with
  professional standards. We express no opinion about the underlying
  information in the statements.

Other Assurance Services
In our role as Certified Public Accountants and business consultants, Squire and Company provides a comprehensive range of other services that help you manage your company more efficiently and profitably:

• Preparing prospective financial statements - forecasts and projections
  - for your business
• Performing agreed-upon procedures tailored to your needs
• Reviewing your organization's internal controls
• Assisting you with feasibility studies
• Performing performance measurement engagements including
  benchmarking
• Analyzing your financial statements and providing accounting advice
• Providing assurance on your compliance with regulatory requirements
• Preparing special reports on items contained in your financial
  statements
• Performing other attestation engagements

More Than Reports . . . Valuable Management Tools
An audit by Squire and Company can do much more than simply confirm your financial statement. It can be an important tool for assessing where you are, where you want to be, and, most important, how to get there. Bottom line - We're not just looking for numbers - we're looking for what those numbers mean.

Squire and Company's knowledgeable, skilled advisors understand the complexities of your industry - and your specific business. We offer all of the advantages of a large firm - proven procedures, unlimited professional resources, and informed, influential partners. But thanks to our small office size and low partner-to-staff ratio, we can provide the close, personal attention and focus at a reasonable price.