ASSURANCE
Our team approach to assurance makes every report more timely, useful, and relevant to your needs.
Professional assurance services are essential to navigating the complexities, risks, and opportunities of farm management. Allowing Leffel, Otis & Warwick to review and document your farm’s financial history will increase the transparency, relevance, and value of information you already possess.
Your partners at Leffel, Otis & Warwick are committed to creating and maintaining assurance reports that are always
- Grounded in reality
- Compliant with government regulations
Built for Agricultural Businesses
Our experience is grounded in the agricultural industry. We regularly work with:
- Grain operations and elevators
- Feed, seed, and input suppliers
- Agricultural cooperatives
- Large and small scale ag operations
We understand the reporting requirements, seasonal pressures, and operational realities that impact these businesses day to day.
Quality Assurance Services
Audits
Audit services provide a high level of assurance and are commonly used when financial statements are required for regulatory, lender, or ownership purposes.
An audit includes evaluation of financial information and results in an opinion on whether financial statements are presented fairly in accordance with generally accepted accounting principles (GAAP).
Reviews
Reviews provide limited assurance and are often used to meet lender or licensing requirements where a full audit is not necessary.
A review is performed through inquiry and analytical procedures and may identify items requiring further discussion or analysis.
Compilations
Compilation services are typically used for internal reporting purposes and do not provide assurance but assist in presenting financial information in a structured format.
Assurance services can help you establish clear plans to:
Improve Cash Flow
Increase Productivity
Optimize asset protection
In addition to providing you with comprehensive reports, a Leffel, Otis & Warwick audit also includes fully researched opinions explaining how your financial statements are presented fairly and in compliance with generally accepted accounting principles (GAAP) and a Management Recommendation Letter full of suggestions for applying your newfound insights to daily operations and plans for the future.
Not Sure Which Level You Need?
Audit
Regulatory or High-Assurance Needs
Review
Lender or Licensing Requirement
Compilation
Internal Use Only