Comprehensive financial reports are powerful tools for managing a business. Along with the traditional benefits of professionally prepared statements, our team can use this information to help our clients develop Key Performance Indicators (KPIs), financial projections, and lender / investor relationships. With our expertise in assurance services and financial reporting, we can provide and interpret vital information that can smoothly facilitate the ongoing management of our clients’ businesses. As an external Audit Department, we can provide guidance to address concerns with accounting accuracy, internal controls, and regulatory compliance. Compiling audit notes and reviews, we offer constructive suggestions to help members of management improve procedures and documentations for more efficient, ethical, and presentable financial statements.
At Rise Solutions Inc., we long realized one of life’s most challenging lessons: we cannot be all things to all people. We understand that we live in the day and age of specialization, so to best serve our clients, we chose to focus our assurance services and audit practice in selected industry sectors where our professionals have the most relevant experience. We also don’t audit public companies, instead choosing to invest our time and energy on privately held entrepreneurial businesses. Our specializations set us apart, but our approach makes us unique.
Our approach includes a higher degree of partner and manager involvement, the use of internally developed IT resources to extract and manage data, and the use of significant industry data. Our approach is also proactive. While most CPA firms will react to the impending switch from the U.S. generally accepted accounting principles (GAAP) to international financial reporting standards (IFRS) with dread, we are already planning for that day. RiseSolution monitors the actions of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), as well as communicating the potential impact to our clients and the assurance services we provide.
