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Loeb & Troper is a member in good standing of the Private Companies Practice Section of the American Institute of Certified Public Accountants. Our audit services to the health care, not-for-profit and agencies for the disabled bring specialized knowledge and understanding to agencies and institutions large and small. Among our audit clients are hospitals and medical centers, nursing facilities, ambulatory care clinics, community centers, religious and educational organizations and OMRDD/SED/OMH-funded facilities to name a few. Our firm has performed numerous audits in accordance with Government Auditing Standards. Thus, we are qualified to conduct audits in compliance with OMB Circular A-133. At Loeb & Troper an efficient, effective audit means experience, diligence and a commitment to providing you with timely financial statements at a competitive price. PLAN THE AUDIT - Thorough preparation means a successful audit that comes in on schedule. Loeb & Troper reviews everything from your objectives and programs to your budget and accounting procedures, to current legislation, regulations and trends. Then we work with you to set a schedule and clarify the materials we will need from you. REVIEW ACCOUNTING PROCEDURES AND CONTROLS - Loeb & Troper has designed and tested custom evaluation systems to determine precisely the extent of the audit your organization's needs. Our review gives you a documented overview of your accounting system as we tailor our audit program for maximum efficiency and effectiveness. ANALYTICAL REVIEW - A useful tool not only for audit purposes but for management as well. This is a careful study of balances for trends, fluctuations, relationships and an overall review of operations. We compare information to prior periods, budgets and industry data in order to reveal anything unusual that requires further inquiry. DESIGN SAMPLING PLANS - Proven sampling techniques can limit the extent of audit work necessary, while resulting in valid conclusions about financial statements. AUDIT OF VARIOUS ACCOUNTS - Loeb & Troper analyzes key accounts of assets, liabilities, revenues and expenses, and confirms various balances. REVIEW REPORT DRAFTS WITH APPROPRIATE OFFICIALS - Meetings with management and the Board to review, discuss, and interpret draft audit financial statements prior to creating a final product. Our presentation makes the financial statements more meaningful. PREPARE MANAGEMENT LETTER - Communication to the Board and management of our observations, comments and suggestions on significant matters affecting internal control, systems, operating and accounting procedures and other matters. Loeb & Troper remains available on a continuing basis to provide advice and assistance in implementing those suggestions and to discuss other matters of concern to management and the Board.