Our Highest Standards = Your Highest Confidence
Backed by deep technical expertise, peer-reviewed quality standards and partner-level guidance, our attestation services strengthen transparency, reduce risk and build stakeholder confidence in your reporting.
How We Help
Attestation services involve an independent professional (like us) making a formal assertion, typically in a report, about the reliability of information prepared by others. Whether it’s internal controls, compliance with laws or regulations or other subject matter, our attest engagements provide stakeholders greater confidence in what you report. At BS&P, our approach is structured, grounded in decades of expertise and guided by partner-level support.
PLANNING & SCOPING
We begin by listening so that we fully understand your business, reporting needs and the expectations of your stakeholders. Together, we define the scope, select an appropriate level of attestation, and design a plan that balances diligence and efficiency.
EXECUTION & TESTING
With your priorities in mind, we execute the work. We bring to bear our technical knowledge, applicable standards, and a peer-reviewed quality control framework. Our team applies tailored procedures, document testing, interviews, and analytics, all while collaborating closely with your staff with minimal disruption.
REPORTING & CONSULTATION
We deliver a clear, actionable attestation report and walk you and your leadership through the findings, risk areas, and recommendations. The work does not stop there—our consultative approach ensures you can use these insights uncovered to improve controls, compliance, and transparency moving forward.
Because our attest practice is Peer Reviewed and designed to meet the highest quality control standards, you can be confident in the reliability of our work. Our commitment to a personalized client experience means you get the right level of service, whether local, regional or remote, and always with seasoned professionals who know you and your organization.
What We Offer
- Financial statement audits, reviews and compilations
- Compliance audits
- Internal audits
- Government entity audits (Yellow Book)
- Operations and internal control audits
- Single audits
FAQs
Your Questions, Answered
What’s the difference between an audit, review and compilation?
Our audits offer the highest level of assurance of your financial reporting. Each audit is customized to meet the specific needs of our client and performed in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards. The audit process is structured and thorough, culminating in deliverables including a report and recommendations to improve internal controls or operating efficiency. You may require this level of assurance if you are seeking financing or investors, or it may be a requirement for funding or compliance.
A review offers limited assurance, as your accounting professional will perform analysis and inquiries but not to the extent of a full audit. Often businesses or organizations may seek a review if they do not want to invest in a full audit but still want some level of assurance or reporting on the quality of their internal controls and operations.
A compilation is considered “no assurance” and involves compiling and organizing a business’s financial statements based on internal assumptions and without due diligence and risk verification. Given its limited scope, this service is more transactional in nature, and does not include recommendations from your accounting professional.
How long does the audit process take?
Our audit services are built around fulfilling each client’s unique needs as well as adhering to a strict standard of care and audit protocol; however, in general, an audit process typically spans between 4–6 weeks.
Can my audit be done remotely?
Yes, BS&P offers remote audit services for companies that qualify as “paperless” in which your documents and processes are converted into digital formats. The audit process can be quite efficient and minimally disruptive if executed remotely for such companies. In addition, if you are a company outside of our immediate geography, we can develop a remote service protocol for your audit. Our Employee Benefit Plan Audits are also easily executed remotely.
How disruptive is the audit process for my staff and day-to-day operation?
We do our best to make the process as seamless as possible. We start by meeting with management to develop a better understanding of your company and coordinate a specific timeline of audit procedures and client support. Additionally, we use an electronic portal to perform your engagement in a paperless and secure environment, which gives you the freedom to collect and manage required documents on your own time with real-time status updates so you and your staff stay readily informed of what’s open and outstanding throughout the course of the audit.
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