We've provided audit services for smaller companies as well as larger, complex entities, with projects ranging from a few hours to hundreds of hours. Though our firm is small, our experience and knowledge has allowed us to become well versed in areas ranging from simple reviews of internal controls to complex financial statement and compliance audits.
We perform audits, reviews and compilations in accordance with regulations and standards outlined by the General Accepted Auditing Standards (GAAS) and Generally Accepted Government Auditing Standards (GAGAS), as well as the Statement on Standards for Accounting and Review (SSARS).
Compliance Audits are necessary for any organization required to show they are following certain rules and regulations, including those of employee benefit plans or any processes with regulatory standards. We also specialize in Federal Single Audits for both low-risk and high-risk auditees. We're well versed in the guidelines of the Uniform Guidance, and also the Employee Retirement Income Security Act of Employee Benefit Plans.
Specialized Engagements and Agreed Upon Procedures are completely customizable to your needs. Prior to beginning the process, we'll have a conversation with all parties to determine all areas that need to be assessed. We'll then discuss the best procedures to meet your needs.
Sure, we're licensed, certified, and educated in all the acronyms: FASB, GASB, ERISA, GAAP and SSARS. For any reputable firm, this is usually the case. However, perhaps more importantly, we have ethics. And honor. And pride in what we do.
Our primary goal is to provide service of exceptional quality in accordance with the standards of the profession, so we've adopted various procedures monitored through an annual inspection program. Every audit is reviewed by two partners. We're never going to cut corners or cheat the system, and we're always going to do everything in our power to help you succeed and make your life easier.
DarverKelly, LLP is a South Carolina licensed Certified Public Accounting Firm. DarverKelly, LLP is a member of the American Institute of Certified Public Accountants (AICPA), the AICPA's Nonprofit Section, the AICPA's Governmental Audit Quality Center, AICPA's Employee Benefit Audit Quality Center, the South Carolina Association of CPAs and is enrolled in the AICPA Peer Review Program.
A key component of our quality control efforts is our training program. Accordingly, our training is practice-oriented and is both skill and industry specific. Each partner and member of the professional staff of DarverKelly is required to complete an annual plan of continuing professional development outlined in the manuals of the AICPA membership and other state requirements in accordance with professional standards. In addition, all staff and partners of DarverKelly obtain the additional course hours required to qualify the Firm to perform YellowBook engagements for clients who receive federal grants requiring them to have an audit performed under Government Auditing Standards.
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