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Boost your financial health through assurance services

Deciphering financial data to help you make smart, practical decisions

Independent assurance services

Our CPAs are here to help your organization present and decipher its financial data – whether it’s from your accounting records, receipts, or income taxes – through our suite of assurance services. Together, we’ll utilize the data to develop a financial strategy that ensures your organization remains in top financial health.

Financial statement audits

Our seasoned auditors can help ensure that your business or nonprofit’s financial statements are fairly stated and accurately presented. Financial statement audits provide the highest level of assurance compared to reviews and compilations. 

 

Financial statement reviews and compilations

Businesses and nonprofits require some degree of financial reporting, including reviews and compilations. This reporting might be required by management, investors, bankers and regulatory agencies, which means you’ll want to work with a CPA who carefully proper and meaningful reports that you’ll understand. For more in-depth reporting, you may be required to have a financial statement audit.

Audits Under Government Auditing Standards (Single Audits Under the Uniform Guidance / UG)

If your organization receives federal funds (or even state and local government funding), you need to make sure you are in compliance with the more stringent requirements associated with government funding. You want a CPA who understands the rules and regulations set forth by the Uniform Guidance. Our Nonprofit Group has been performing Single Audits since the inception of this audit requirement.

Financial statement reviews and compilations

Businesses and nonprofits require some degree of financial reporting, including reviews and compilations. This reporting might be required by management, investors, bankers and regulatory agencies, which means you’ll want to work with a CPA who carefully proper and meaningful reports that you’ll understand. For more in-depth reporting, you may be required to have a financial statement audit.

 

 

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Employee benefit plan audit services

Employee benefit plan auditing is complex and requires specialized training that goes beyond financial statement audits. Substandard audit work can and often results in civil penalties against the plan sponsor by the U.S. Department of Labor. That’s why you want to work with a CPA who specializes in providing quality employee benefit plan audits.

 

Internal control services

You need strong internal controls at your business or nonprofit to help minimize the risk of fraud, reduce the likelihood of errors being entered into your accounting system and help ensure the reliability of financial information. Our CPAs can help you assess and strengthen your internal control system.

HUD audits

You want to work with a CPA who has experience working with businesses and nonprofits that receive funding from the U.S. Department of Housing and Urban Development. Our CPAs understand the complexities and regulations associated with HUD insured mortgages and tenant assistant payments, and can help ensure you are in compliance.

 

 

 

 

See how organizations like yours have grown with Gross Mendelsohn

“We are always confident that Gross Mendelsohn gives us a complete and accurate audit.“
Mary Schwartz ,
Administrator
Wicomico Nursing Home
“Their customer service standards are exceptional; Jim Kern has been an incredibly responsive auditor.“
Jim Koehnlein ,
Chief Operating Officer
Wilkins-Rogers, Incorporated
“I consider Gross Mendelsohn to be knowledgeable accounting experts in long-term care, nonprofit organizations and employee benefit plans.“
Bill Gibson, Jr., CPA ,
Chief Financial Officer
The Grand Lodge of Ancient Free and Accepted Masons of Maryland
“When Maryland SPCA went through its first audit with Gross Mendelsohn, Jim Crisp and his audit team were extremely thorough, making sure everything was reviewed and explained to us.“
Aileen Gabbey ,
Former Executive Director
Maryland SPCA
“The financial statements prepared by Gross Mendelsohn are very clear, and as a result are easy for the school, board members and other agencies to understand.“
Pat Bonney ,
Former Executive Director
The Highlands School

Keeping our clients up to date

Knowing what’s happening in the industry is a key component in how we make recommendations for our clients. We publish custom reports, a blog and other resources to keep our clients well informed.

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If you’re thinking, “Gross Mendelsohn sounds great”

Talk with us. We’ll work together to see how we can help your organization grow.