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Audit Services

Dedicated to trust. Committed to quality.

Financial success relies on having the right information at the right time.

Accounting and audits may not be the most exciting things on your to-do list, but they are among the most important. Staying on top of these responsibilities, from bookkeeping and financial reporting to internal audits and industry-specific regulatory compliance, helps you see the big picture and provides the detailed insights you need to be confident your business is on sound financial footing.

With Contryman Associates P. C., you can discover the opportunities that can result from an objective audit done by auditors who understand accounting standards and how you do business.  Our audit and assurance team strives to give you an audit experience delivered with independence and objectivity. We stress communication and responsiveness throughout the process, whether working remotely or visiting you in person. Discover what makes our service experience different.

Defining Audits, Reviews, and Compilations

Exploring the distinctions between audits, reviews, and compilations is crucial for businesses and organizations striving to make well-informed financial decisions. Each service plays a pivotal role, offering varying levels of insight and assurance.

Contrymans has a team of professionals do complete audit services for our clients

Audit Services

As the most comprehensive form of assurance service, audits involve the expression of an opinion on a company's financial statements, aligning with Generally Accepted Accounting Practices (GAAP). Typically mandated by financing, investor, or governmental regulations, audits entail an independent evaluation of a entity's internal accounting system and financial records, culminating in a comprehensive audit report.

Man using a calculation to preform a finanical review

Review Services

Offering a more limited assurance, reviews encompass analytical procedures performed on financial statements to attain a broad understanding of the company's financial status. Unlike audits, reviews do not express an opinion and provide a lesser degree of assurance. They are often necessary for companies seeking financing.

Items used to perform finanical compilations

Compilation Services

Involving the organization of a company's financial information into general-purpose financial statements such as balance sheets and income statements, compilations may also aid in developing budgets or necessary reporting documents. While cost-effective, compilations do not offer any assurance, as no opinion is provided on the financial statements or related documents.

Comparing the Three Services

An effective way to conceptualize these services is in terms of scale: small (compilations), medium (reviews), and large (audits). They differ in the complexity of procedures, time required for completion, and level of detail provided.

Assurance Level

Audits offer the highest level of assurance, assuring that financial statements are free from significant misstatements, while reviews offer limited assurance, and compilations provide no assurance.

Dependence on Management

Audits extensively verify data provided by management, whereas reviews entail minimal testing, and compilations rely mainly on furnished information from management.

Internal Controls

Audits involve evaluating a company's internal controls, a step absent in reviews and compilations.

Time and Cost

Audits demand substantial hours and cost more due to rigorous procedures. Reviews are less time-intensive and moderately priced, while compilations require minimal effort and are cost-effective.

Ready to Ensure Financial Clarity for Your Business?

Our team is here to guide you in selecting the most appropriate financial service tailored to your business needs. Whether you require comprehensive assurance with an audit, intermediary insights through a review, or cost-effective document organization via a compilation, we're committed to assisting you every step of the way.

Contact us today at (308) 382-5720 to discuss your financial service requirements and make an informed decision that strengthens your business's financial foundation!

Meet Our Team

Our team is made up of professionals that stay abreast of the many changes in federal and state tax and regulation occurring yearly and are always backed up by shareholder-level supervision and oversight.
Click through the tabs to view team members from our various office locations.
Use the drop down below to view team members from our different office locations.

What Our Clients Say About Us

Google Rating
Contryman Associates has been our city’s audit firm for a number of years - they are extremely helpful and knowledgeable. There have various staff work on our engagements so we always have a contact to answer questions and provide guidance. They are very accommodating and responsive to all our needs in preparing our financial statements. I highly recommend this firm for audit, tax and advisory services.
Liz Loutzenhiser
Google Rating
I have been with Contryman since 2007 and have worked with both Dan Charron & Jada Thompson! I would recommend them to anyone looking for excellent service, timeliness, professionalism and rock solid advice! 5 stars!
Tara Lovesee
Google Rating
The staff at Contryman Associates have always gone above and beyond for any of my needs. I would highly recommend them to anyone!
Molly Dove
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GENERAL INQUIRIES

To contact Contryman Associates P.C. , use the inquiry form on this page. If you experience any difficulty with the form, give us a call at (308) 382-5720.

7 Convenient Locations To Serve You!

Grand Island

505 North Diers Ave
P.O. Box 700
Grand Island, NE 68803
Phone: (308) 382-5720
Fax: (308) 382-5945

Kearney

315 West 60th Street, Suite 500
P.O. Box 1746
Kearney, NE 68848
Phone: (308) 237-5930
Fax: (308) 234-4410

Hastings

201 Foundation Place, Suite 100
P.O. Box 2026
Hastings, NE 68902
Phone: (402) 463-6711
Fax: (402) 463-6713

Lexington

709 East Pacific Street
P.O. Drawer H
Lexington, NE 68850
Phone: (308) 324-2368
Fax: (308) 324-2360

Scottsbluff

1001 West 27th Street
P.O. Box 2246
Scottsbluff, NE 69361
Phone: (308) 635-7705
Fax: (308) 635-0599

Central City

1415 16th Street, Suite 201
P.O. Box 191
Central City, NE 68826
Phone: (308) 946-3870
Fax: (308) 382-5945

Geneva
826 G Street
Geneva, NE 68361
Phone: (402) 759-3002
Fax: (308) 382-5945

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