Make Decisions, Create Solutions & Measure
Windes is a Los Angeles-based audit, assurance, and accounting firm that offers more than just financial data. Our financial auditing and assurance services help you evaluate and ensure the quality of information you use to make important decisions, create solutions to your business challenges, and objectively measure your company’s financial performance with our quality assurance auditors. As business advisors, accountants, and financial auditors, we devote considerable time and resources to fully understanding your business and industry. Significant partner involvement is the expectation, not the exception when dealing with Windes. Our uniquely tailored approach combines an experienced financial audit staff, industry expertise, and knowledge to offer year-round assurance services and build lasting relationships in and around Los Angeles and in the U.S. more broadly.
We are committed to the highest standards in performing quality engagements. We focus on efficiency in each engagement by emphasizing detailed planning to mitigate or eliminate surprises and maximize your investment. Our accounting firm is a member of:
- American Institute of Certified Public Accountants (AICPA)
- California Society of Certified Public Accountants (CalCPA)
- AICPA Government Quality Audit Center (GQAC)
- AICPA Employee Benefit Plan Audit Quality Center (EBPAQC)
- Allinial Global
Our membership with Allinial Global provides worldwide resources and additional technical capabilities to our financial audit and assurance services.
Our corporate audit staff in the Los Angeles area is comprised of quality assurance auditors and accountants, who possess specialized knowledge and expertise, and participate in frequent training that allows us to provide superior services customized to your business and industry.
Assurance Services and Financial Statement Audits
Windes assurance services provide independent evaluation of financial statements and other information to give stakeholders confidence in the accuracy and reliability of reported financial results. Our CPA audit firm performs financial statement audits, reviews, compilations, and other assurance engagements for private companies, nonprofits, and benefit plan sponsors.
Assurance engagements vary in scope and level of assurance provided. A financial statement audit offers the highest level of assurance through rigorous testing of accounts, transactions, and controls. A review provides limited assurance through analytical procedures and management inquiry. Compilations present financial data without providing assurance.
Windes helps clients determine the right level of assurance for their needs, whether driven by lender requirements, investor expectations, regulatory compliance, or board governance.
Frequently Asked Questions
Assurance services are independent evaluations performed by a CPA firm to give your lenders, investors, board, or other stakeholders confidence that your financial statements are accurate and reliable. Depending on what those stakeholders require, that can mean anything from a full audit to a lighter-touch review or compilation, but the goal is the same: giving the people relying on your numbers a reason to trust them.
An assurance engagement is any service where a CPA reviews your financial information and issues a formal conclusion about it, ranging from a compilation, which simply presents your data in the proper format, to a full audit, which involves extensive testing and the highest level of scrutiny. Where your organization falls on that spectrum depends on who’s asking for the report and how much assurance they need.
The right level of assurance usually isn’t up to you alone. It’s typically dictated by your loan covenants, what your investors or board expect, grant or funding requirements if you’re a nonprofit, and any regulatory obligations tied to your industry. If you’re not sure which of these apply to your organization, or you’re facing a new lender or grant requirement for the first time, that’s exactly the kind of question worth bringing to your CPA before you commit to an engagement type.
