For most entities, an audit is a necessity that fulfills a financial and/or a regulatory requirement. A successful audit verifies an entity's financial performance and is intended to build confidence within a variety of audiences, such as partners, shareholders, banks, donors, and regulatory bodies—anyone with an interest in the financial state of the business. To achieve the desired outcome, the financial statements presented in an audit must be accurate and timely. At Lounev Advisory Services LLC, we maintain an ongoing relationship with our clients; successive audits yield more efficient audits with fewer surprises.

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