Your financial statements are not just your books, they are the foundation of every significant conversation you have with lenders, bonding companies, investors, and regulators. At hfco, we provide comprehensive accounting and assurance services that meet the most demanding standards, while giving you the clarity to understand and optimize your financial position.
We work alongside clients, their teams, and their trusted advisors, providing expert guidance that goes beyond compliance.
See how we helped a home healthcare agency navigate a DOL audit, complete two full audits in under two weeks, and reduce a penalty by over $100K. When the stakes were highest, our team delivered with precision and purpose.
State and local governments are exposed to a variety of risks related to certain concentrations, constraints, or events that could impact or even negatively affect operations. Previously, exposure to some of these risks has been...
In 1999, the Government Accounting Standards Board (“GASB”) issued Statement No. 34, Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments. That statement has been one of the most...
By: Cristopher Sefransky, CPA, CFE, LSSGB Our industry is well over a year into implementation of the transitional guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses...
Is your company prepared to implement the upcoming Revenue Recognition changes or the new Lease Accounting Standards? We have prepared a memo to familiarize you with the guidance from the Financial Accounting Standards Board on...
An audit is the highest level of assurance, involving detailed examination of financial records and independent verification of balances. A review provides limited assurance through analytical procedures and inquiries. A compilation involves preparing financial statements from information provided by the client, without assurance. The right level depends on your lenders, regulators, and stakeholders’ requirements.
Yes. We have extensive experience auditing and providing accounting services for nonprofits, including single audits, yellow book audits, and HUD audits.
Our consistent recognition in the AICPA Peer Review Program signals that our audit and assurance work meets the highest standards in the profession.
Yes. We regularly help organizations prepare for audits conducted by other firms, including government audits and regulatory examinations.
Our audit and assurance team works closely with privately held organizations, nonprofits, and family-owned businesses to deliver financial reporting that meets the highest standards and gives every stakeholder the clarity they need.
