Our audit team represents a valuable mix of professionals who have expertise being both auditors and industry professionals. We know what it is like to be audited and believe this separates us from our competitors. We are committed to serving private companies, family businesses, not-for-profits, local governments, and other similar entities.
Volatile political and economic changes can make the management of a tight budget while maintaining services a challenge for any administrator. At KDP, we have the technical expertise you need to help you meet governmental compliance requirements as well as the cross industry experience to help you find creative ways to meet your budget challenges.
At KDP, we work with clients to improve their overall financial reporting processes and to help them better understand their business. We know that your company is looking for the most efficient and effective high-quality audit that you can get. KDP’s audit approach is designed to foster efficiency, communication and quality during the engagement process. While this may sound simple, we believe this approach allows us to deliver peace-of-mind, value and high-quality service to our clients.
Audit assurance refers to the level of confidence that auditors provide regarding the accuracy and reliability of financial statements or other information. It reflects the extent to which the auditor believes that the financial statements are free from material misstatement, whether due to fraud or error.
There are typically three levels of audit assurance:
Overall, audit assurance helps stakeholders, like investors and regulators, have confidence in the financial information being presented by an organization.
There are two main types of audit assurance. They help inform stakeholders about the reliability of financial information.
One example of audit and assurance can be seen in the annual financial audit of a company:
Audit Process:
In this example, the audit provides assurance to stakeholders—such as investors, creditors, and regulators—that the financial statements can be trusted. This assurance supports informed decision-making based on the company’s reported financial health.
Overall, audit assurance plays a crucial role in promoting transparency, accountability, and trust in the financial reporting process. As a result, audit assurance is important for several key reasons:
KDP Remote Technical Support is a safe, secure, and easy to use solution for obtaining “on-site” technical support without having to wait for a support specialist to travel to your site. Using a high speed internet connection, RTS is just like having one of our support specialists sitting right at your desk working to resolve your computer problems.
KDP Client File Transfer Portal provides you with the easiest and securest method of transferring your data to us 24 hours a day/7 days a week. Don’t waste time burning discs for a single file or struggling to email large files that take forever to load. This is a safe, secure, and simple way to transfer to and from KDP. This feature is for CPA materials only. Please contact us for Wealth Management secure transfers.
Medford Office:
841 O’Hare Parkway, STE 200
Medford, Oregon 97504
Phone: +1 541 773 6633
Fax: +1 541 773 1965
Bend Office:
395 SW Bluff Drive, STE 200
Bend, Oregon 97702
Phone: +1 541 382 4791
Boise Office:
101 S. 27th Street, STE 100
Boise, Idaho 83702
Phone: +1 208 373 7890
Fax: +1 208 373 7889
Business Hours:
Mon-Fri: 9:00 a.m. – 5:00 p.m.
© 2024 “KDP” is the brand name under which KDP and KDP & Co., LLC and its subsidiary entities provide professional services. KDP and KDP & Co., LLC and its subsidiary entities practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards. KDP is a licensed independent CPA firm that provides attest services to its clients, and KDP & Co., LLC and its subsidiary entities provide tax and business consulting services to their clients. KDP & Co., LLC and its subsidiary entities are not licensed CPA firms.
