There’s value in every audit. We help you find it.
Our dedicated team of auditors provides a complete range of services for organizations, including nonprofit audits, single audits, audited financial statements, and employee benefit plan (ERISA) audits.
Every year, we conduct hundreds of audits for nonprofits and businesses across a wide range of industries, and we always deliver our reports in a timely, efficient and cost-effective manner. We also have low staff-turnover, which means that you’ll have the same trusted team working for you year over year.
At Dugan & Lopatka, we believe that there’s value in every audit. That’s why, during the auditing process, we dive deep into your organization’s activities and operations, gathering the data we need to help you grow and improve your organization. When it’s time to report our findings, we communicate our insights in a way that you and your stakeholders can understand, helping you make informed decisions.
- Nonprofit Industry Experts
Since 1974, Dugan & Lopatka has been active in the not-for-profit industry. Our CPAs and consultants are always on the cutting edge of industry-related changes. As specialists in the industry, we have experience working with many nonprofit clients, which keeps our team current with relevant assurance and tax-exempt issues.
We understand the special accounting, auditing and reporting requirements for your organization and will help you meet these requirements in a timely manner utilizing our extensive knowledge of recent changes affecting nonprofit organizations. We speak your language. Your financial statements and our presentations to your board of directors will be presented in nonprofit terms.
- IFRS International Standards Audits
Dugan & Lopatka has worked with foreign-owned subsidiaries for more than 30 years, and our partners and managers deal with international companies on a day-to-day basis.
Our firm is a member of INPACT Audit, a global association of independent international accounting firms that perform audits of financial statements that are or may be used across national borders. INPACT accounting firms are located in 63 countries across the globe.
Our services include:
- Audits in accordance with International Auditing Standards and U.S. Auditing Standards,
- Financial statement preparation in accordance with International Accounting Standards and U.S. Accounting Standards. Our audits enable us to issue an opinion in accordance with both domestic and international standards.
- U.S., local and foreign tax issues, including transfer pricing, treaty work, entity structuring, and foreign withholding requirements.
- Employee Benefit Plan (ERISA) Audits
If your business sponsors an employee benefit plan subject to Title I of ERISA, you are subject to annual reporting requirements that may include an audit of the plan’s financial statements.
Dugan & Lopatka has more than 40 years of experience in performing employee benefit plan audits of all types, from Defined Contribution and Benefit Plans to Health & Welfare and Employee Stock Ownership (ESOP) Plans. Our firm has the flexibility, expertise and resources to handle Employee Benefit Plan audits of all sizes.
- Do you need an audit or something else?
Alternative procedures can be performed to meet the needs of a third party, regulatory agency or your specific concerns such as in the following examples:
- Due diligence work for corporate acquisitions
- Fraud investigations
- Review and evaluate internal controls
- Collateral audits
- Test of specific accounts, transactions or controls
- Reporting on construction contracts
- Reporting on regulatory compliance
- CPA Firm Peer Review Services
The American Institute of Certified Public Accountants (AICPA) bylaws require that its member CPA firms be affiliated with a firm that is enrolled in an approved practice-monitoring program (Peer Review Program). A majority of State Boards of Accountancy have also made peer review mandatory for licensure.
A peer review is generally required every three years. Its purpose is to provide an independent review of a firm’s system of quality control over its accounting and auditing practice.
Dugan & Lopatka has extensive national experience in conducting peer-to-peer reviews. A successful review will offer your CPA firm an independent perspective on the effectiveness and efficiency of your firm’s policies and procedures. Dugan & Lopatka conducts all of our reviews with a commitment to technical expertise and quality. We strive to provide practical, actionable recommendations.
A successful peer review depends greatly on a firm’s commitment to quality and compliance with professional standards. We approach the issues you face from a professional, technical and economic standpoint, with the goal of bringing value to the process. We identify potential weaknesses in your system while offering recommendations and best practices. Our objective is to help you improve your accounting and audit practice in terms of quality and efficiency.