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Audit and Assurance

The primary objective of every audit process is to develop an opinion on the fair presentation of financial statements and operational results of clients.  Our audit team uses a risk-based audit approach to comply with our audit standards and objectives.  We perform a rigorous assessment of risk and, as such, develop an overall audit strategy.  Throughout the process, the team will have in-depth conversations to gain an understanding of the client and its environment including internal controls.

In accordance with auditing standards, we will report to management and those charged with governance any significant deficiencies and material weaknesses within the design of their systems.  As a value added service, we will also provide management with best practice recommendations to enhance an organization’s operations and performance.  Several of our accounting specialists are certified fraud examiners, providing clients with additional knowledge on how to minimize risk and vulnerabilities to fraud.  Our professionals work within a paperless environment to enhance efficiencies and timeliness of the engagement process.

We perform audits in accordance with auditing standards generally accepted in the United States and standards applicable to financial audits contained in government auditing standards, issued by the Comptroller General of the United States and the Federal Acquisition Regulations.

Visit our related audit and assurance web pages (listed below) as well as our Compliance page for a deeper understanding of particular services including our experience auditing awards in accordance with Uniform Guidance, the Federal Acquisition Regulations and other authoritative compliance requirements. Gelman, Rosenberg & Freedman audits a variety of nonprofit organizations and government contractors.

We are members of the American Institute of Certified Public Accountants (AICPA), the AICPA Government Audit Quality Center, the AICPA Employee Benefit Plan Audit Quality Center, the Maryland Association of Certified Public Accountants, the Virginia Society of Certified Public Accountants and the Greater Washington Society of Certified Public Accountants.  Our quality control systems have earned us an unqualified report with no recommendations in our peer reviews for the last decade.

If you would like to receive a proposal for audit and assurance services, you can submit an RFP on the sidebar of this page. You may also want to check out our article How to Create An Effective RFP.

We have a wonderful relationship with Andreas Alexandrou, and Gelman, Rosenberg & Freedman as a whole.

Nalin Liyanamana |  Chief Financial Officer
Hitachi Foundation