What We Offer

Audit & Assurance Services

Comprehensive, independent, and detail-driven financial services — tailored to your organization's needs.

Every engagement begins with a commitment to precision. Whether your organization needs a routine financial statement audit or a complex forensic investigation, Gerry Fisher Auditing applies the same standard: thorough, objective, and actionable. Below is a detailed overview of what each service area involves and who it's designed for.

Professional auditor reviewing documents at office desk

Detail-driven. Independent. Actionable.

01

Financial Statement Audits

The gold standard of financial credibility.

A financial statement audit is an independent, objective examination of an organization's financial records, transactions, and statements. The goal is to provide a professional opinion on whether the financial statements present a true and fair view in accordance with Generally Accepted Accounting Principles (GAAP) or other applicable frameworks.

What's Included

  • Review of balance sheets, income statements, and cash flow statements
  • Examination of underlying accounting records and supporting documentation
  • Testing of account balances and transaction classes for material misstatement
  • Assessment of accounting policies and estimates
  • Evaluation of internal controls relevant to financial reporting
  • Issuance of a formal audit opinion letter

The Process

  • Planning & Risk Assessment — Understanding your organization, identifying material risks, and developing an audit plan
  • Fieldwork — Gathering evidence through document review, interviews, and analytical procedures
  • Testing — Substantive testing of account balances and compliance with internal controls
  • Reporting — Communicating findings and delivering a clear, formal audit opinion

Who This Is For

  • Nonprofits required to file audited financials for grant compliance or board governance
  • Small and mid-sized businesses seeking lender, investor, or partner confidence
  • Corporations fulfilling regulatory or contractual audit requirements
  • Organizations preparing for a merger, acquisition, or significant financing event
02

Internal Audits & Risk Assessment

Strengthen controls before problems arise.

Internal auditing is a proactive discipline that evaluates the effectiveness of an organization's governance, risk management, and internal control processes. Unlike external audits, internal audits are focused on helping your organization improve — not just certify.

What's Included

  • Development and execution of a risk-based audit plan
  • Evaluation of internal controls across departments and processes
  • Identification of control gaps, inefficiencies, and areas of vulnerability
  • Risk Assessment Control Matrices (RACMs) and scoring
  • Testing of operational, financial, and compliance controls
  • Management recommendations for remediation and improvement
  • Quality Assurance Review (QAR) documentation support

Key Focus Areas

  • Accounts payable and receivable controls
  • Payroll and HR process integrity
  • Procurement and vendor management
  • IT general controls and system access
  • Revenue recognition and cash handling
  • Asset safeguarding and inventory management

Who This Is For

  • Organizations that lack a dedicated internal audit function
  • Government agencies and public entities seeking independent oversight
  • Companies experiencing rapid growth or operational change
  • Boards seeking independent assurance over management activities
03

Compliance & Regulatory Audits

Stay compliant. Stay protected.

Regulatory and compliance failures carry serious consequences — fines, reputational damage, and loss of operating authority. Compliance audits verify that your organization is adhering to applicable laws, regulations, policies, and contractual obligations. With experience in both public-sector and private-sector compliance, Gerry Fisher Auditing helps organizations navigate complex regulatory landscapes with confidence.

What's Included

  • Sarbanes-Oxley (SOX) Section 302 and 404 compliance reviews
  • Grant compliance auditing for nonprofits and government entities
  • Review of adherence to internal policies and procedures
  • Assessment of regulatory filing accuracy and timeliness
  • Compliance gap analysis and remediation planning
  • Documentation of findings for regulatory or board reporting

Regulatory Areas Covered

  • Sarbanes-Oxley Act (SOX) — public company requirements
  • OMB Uniform Guidance — federal grant recipients
  • IRS regulations — nonprofit and tax-exempt compliance
  • State and local government audit standards
  • Industry-specific regulatory requirements

Who This Is For

  • Publicly traded companies requiring SOX compliance documentation
  • Federal and state grant recipients subject to single audit requirements
  • Nonprofits with IRS reporting obligations
  • Any organization subject to industry-specific regulatory oversight
04

Forensic Auditing & Fraud Detection

Uncover the truth. Protect your organization.

Forensic auditing is investigative auditing applied when fraud, financial misconduct, or significant irregularities are suspected or alleged. It combines traditional audit methodology with investigative techniques to uncover evidence, trace assets, and document findings suitable for legal, regulatory, or disciplinary proceedings.

What's Included

  • Fraud risk assessment and vulnerability analysis
  • Investigation of suspected embezzlement, misappropriation, or falsified records
  • Tracing of funds, assets, and financial transactions
  • Review of journal entries for unusual patterns or override of controls
  • Interviews and document collection protocols
  • Preparation of detailed investigative reports suitable for legal proceedings
  • Support for management, legal counsel, and law enforcement as needed

Common Fraud Scenarios

  • Asset misappropriation (theft, embezzlement)
  • Fictitious vendors or payroll ghost employees
  • Financial statement fraud and earnings manipulation
  • Unauthorized disbursements or expense reimbursement schemes
  • Conflicts of interest and related-party transactions
  • Procurement fraud and bid-rigging

Who This Is For

  • Organizations suspecting internal fraud or financial misconduct
  • Boards or audit committees initiating independent investigations
  • Legal counsel requiring financial expert support
  • Management responding to whistleblower allegations
  • Government entities investigating misuse of public funds
05

Advisory & Process Improvement

Build stronger systems. Make better decisions.

Beyond traditional auditing, Gerry Fisher Auditing provides strategic advisory services that help organizations build more effective financial processes, reduce operational risk, and position themselves for sustainable growth. These engagements are collaborative — working alongside management to implement lasting improvements.

What's Included

  • Financial process review and workflow optimization
  • Internal controls design and implementation guidance
  • Audit readiness assessments for organizations preparing for their first audit
  • Policy and procedure development for financial operations
  • Recommendations for accounting system improvements
  • Ongoing advisory retainer engagements
  • Training and knowledge transfer for finance and accounting staff

Common Engagements

  • Preparing a nonprofit for its first independent audit
  • Strengthening controls after an audit finding or management letter
  • Designing a month-end close process for a growing business
  • Advising on segregation of duties for small finance teams
  • Reviewing vendor payment and approval workflows

Who This Is For

  • Startups and early-stage companies building financial infrastructure
  • Organizations responding to audit findings or deficiencies
  • Nonprofits seeking to improve financial management and governance
  • Management teams wanting expert guidance without a full-time hire

Not Sure Which Service You Need?

Schedule a free consultation. We'll assess your situation and recommend the right engagement — at no cost or obligation.

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