Professional Audit and Assurance Services in Olean, NY
Trust and transparency are the foundations of every successful organization. At PL-CPA, our audit and assurance services provide the objective insight and rigorous oversight necessary to satisfy stakeholders, comply with regulatory requirements, and drive operational improvement in Western New York and Northern Pennsylvania.
Comprehensive Assurance Solutions
An audit is more than a compliance obligation; it is an opportunity to gain a deeper understanding of your organization's financial health. We serve a diverse range of clients, from local non-profit organizations and governmental entities to private corporations. Our approach is characterized by independent thinking, technical precision, and a commitment to professional integrity.
Financial Statement Audits A full financial statement audit provides the highest level of assurance that an organization’s financial reports are free from material misstatement. This process is essential for entities seeking to satisfy lenders, grantors, or board members. Our CPAs conduct thorough examinations of internal controls, transaction samples, and accounting practices to provide a definitive opinion on your financial standing.
Reviews and Compilations Not every organization requires a full-scale audit. For many businesses in the Olean and Bradford region, a review or compilation is the more appropriate choice. A Review provides limited assurance through analytical procedures and management inquiries, while a Compilation involves the presentation of financial information without providing an opinion. We help you determine which level of service best meets your specific needs and contractual requirements.
Why Choose Proto & Loskey for Audit & Assurance?
Absolute Independence:
We provide the objective, high-integrity oversight that your board and stakeholders demand.
Regional Specialization:
Extensive experience auditing Southern Tier non-profits and governmental agencies.
Compliance Standards:
Mastery of Yellow Book (GAGAS), ERISA, and multi-state regulatory requirements.
Actionable Insights:
We go beyond the "Opinion" to provide management letters that improve your internal controls.
Specialized Audit Expertise
Our firm possesses specialized experience in highly regulated sectors that are vital to the Western New York and Pennsylvania economic landscapes.
Non-Profit Organizations
We understand the unique reporting requirements for 501(c)(3) entities, including functional expense reporting and compliance with state-specific non-profit regulations in NY and PA.
Employee Benefit Plans
We conduct 401(k) and 403(b) plan audits to ensure compliance with ERISA and Department of Labor standards, protecting both the plan sponsors and the participants.
Internal Control Evaluations
Our team assesses the strength of your internal financial controls to identify vulnerabilities, mitigate the risk of fraud, and improve accuracy in financial reporting.
Governmental Auditing
We provide specialized auditing services for local municipalities, school districts, and authorities, adhering to Yellow Book standards and Single Audit requirements.
Serving Western NY and Northern Pennsylvania
The regulatory environment for assurance varies significantly between New York and Pennsylvania. Being licensed in both states allows us to provide seamless service to organizations that operate across the border. Whether your entity is located in Cattaraugus County or McKean County, we ensure that your audit adheres to all relevant state and federal standards.
A Rigorous Approach to Integrity
Assurance services are governed by the American Institute of Certified Public Accountants (AICPA) and Generally Accepted Auditing Standards (GAAS). At PL-CPA, we pride ourselves on our technical competence and our ability to provide clear, actionable feedback to management and those charged with governance. We go beyond the numbers to provide insights that help your organization operate more efficiently and transparently.
Schedule an Audit Consultation
Is your organization approaching a reporting deadline or a grant requirement? Contact our Olean office today to discuss our assurance and advisory services.
