Our Services

The audit team at Price, Paige & Company offers a variety of assurance services that are customized to meet the specific needs of each of our public sector clients. We understand that the old adage, "one size fits all" does not apply in the dynamic business environment in which we operate. Accordingly, we tailor each engagement to the specific needs, circumstances and desired results of our clients. Even our more traditional financial statement audit is not a "cookie-cutter" approach. We first gain a thorough understanding of your operations and control systems and only then do we develop and tailor an audit program to address specific audit risks found in your organization. Please contact us if you would like a detailed proposal that clearly identifies how we can help you meet your financial reporting obligations.

Financial Statement Audit

Financial audits have drawn significant attention in recent years. The extravagant collapses of some of the largest publicly held companies have led to an increased scrutiny of the audit process. Although the Sarbanes-Oxley Act does not specifically encompass government and not-for-profit entities, it nevertheless has made a significant impact on this sector. More stringent independence rules, a new auditing standard specifically targeting fraud and more regulatory oversight require a thorough knowledge of the audit process. This is where we can help, we have made a commitment to the public sector and stay abreast of change as it occurs. In fact, we serve on state committees and organizations that help to shape policy and direction for the accounting and auditing community as it applies to the public sector.

At Price, Paige & Company we have developed a "paperless audit" system. This system allows us to conduct our audits more efficiently and effectively. We are able to obtain electronic documents from our clients via email and quickly and easily file them electronically thus saving printing and filing time that is inherent in paper systems.

Internal Control Review

Every entity can benefit from a detailed review of their internal control systems. In fact, our experience tells us that those entities who do not see the need for this service may be the ones who benefit the most. As we know, governments and not-for-profit entities are entrusted with public funds and this trust demands a higher level of safeguarding. Lax internal controls are at best an un-exploited weakness and at worst a financial and public image disaster waiting to happen.

Forensic Accounting

We provide litigation consulting services and expert testimony services to leading attorneys in our community. Our audit principal, Fausto Hinojosa is not only a CPA but also a Certified Fraud Examiner (CFE). As such, he has significant expertise in fraud investigation and fraud prevention services. This highly specialized body of knowledge provides unique insights that can be of great benefit to the clients we serve.

Agreed Upon Procedures

This service can be specifically tailored to each clients needs. In the simplest sense, we identify specific procedures that will be performed on financial data and report on the results of those procedures. Examples of this service may include special internal audits, monitoring of grant subrecipients for grantor agencies and certain internal control engagements.

Financial Statement Review

Less in scope than an audit, a financial statement review provides limited assurance that the financial statements are fairly presented. Some not-for-profit agencies who do not receive federal funding and do not have an audit requirement may benefit from this service.