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Assurance

Skilled audit and accounting professionals can help you examine and attest to the financial performance of your business. Beyond audit and review services, you may need other services, such as assistance in merger due diligence, reviews of internal controls or performance reporting.

Your organization will always need to provide third parties with financial information, and an experienced professional can support you to better understand how to economize your operations.

The Ericksen Krentel team is ready to help you with that process to position you for continued financial growth and success while improving your community. That includes everything from agreed-upon procedure engagements to single and annual audits, employee benefit plan audits to comprehensive annual financial reports audits. Perhaps it’s a report that requires Yellow Book compliance or one that needs to be conducted in accordance with Uniform Guidance. Or maybe you need something less thorough such as a preparation, review or compilation of your financial statements. With nearly 60 years of experience, we are ready to help with your attest and assurance needs.

While communication has rapidly changed with social media, the assurance, advisory and accounting industry is facing its own seismic technological evolution, one that will forever impact – for the better – how accountants and their clients work together in a more efficient and effective partnership.

As technology continues to advance, so does the audit process by incorporating data analytics, leveraging big data and adopting a continuous/virtual approach to your audit. With the advent of blockchain, artificial intelligence, machine learning and other new technologies, your business needs informed, responsive professional service advisors now more than ever.

Humans aren’t going anywhere, but these advances are allowing advisors, such as the team at Ericksen Krentel, to provide you with increased value-added services that are real time and forward looking.

Our experienced business advisors have provided timely, accurate and comprehensive assurance, advisory and accounting services for businesses and governmental agencies of all sizes for nearly 60 years. Our goal is to truly understand your business to help you economize your operations and develop strategies for minimizing future liabilities.

That is what we mean by value-added. A successful audit requires ongoing communication with our clients, and that performance doesn’t stop when the report is issued – we’re here with you now and beyond.

Audits

Peer Review

Reviews / Prep / Comps / Agreed-upon

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Hurricane Ida Update

Our thoughts and prayers are with all of the people affected by Hurricane Ida. Ericksen Krentel team members have spent this week checking in on each other, our families, and our clients to ensure that everyone is in a safe position. Our New Orleans and Mandeville offices are currently closed due to power outages. We expect our Mandeville office to re-open shortly and will post the status updates of both offices on our website and social media as we know more details. We will do our best to assess the situation of our clients and people, and intend to return to each office as quickly as possible.
We have learned through our experience with past disasters and the ongoing pandemic to be adaptive to new technologies and have implemented cloud-based applications that allow us to efficiently operate remotely. In the interim, we are available to the extent that is possible in working remotely with our many affected clients and their personnel.
As recovery operations begin to take shape and progress, please do not hesitate to call on us to assist in your financial, tax, and other needs. You can reach your Ericksen Krentel professional directly through their normal email address or if you need immediate assistance, send a message through communications@ericksenkrentel.com to receive a return call from one of our professional team members. We look forward to a complete recovery and once again working directly with our clients.

What to Know About Restaurant Revitalization Grants in the Rescue Plan Act

As the COVID-19 pandemic and its economic devastation continues, the $1.9 trillion American Rescue Plan Act of 2021 (ARPA), which was signed into law March 11, 2021, expands relief provisions first introduced in the Coronavirus Aid, Relief and Economic Security (CARES) Act from March 2020 and introduces new measures to help businesses and individuals.