HIC

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Audits serve a vital economic purpose and play an important role in serving the public interest to strengthen accountability and reinforce trust and confidence in financial reporting. As such, audits help enhance economic prosperity, expanding the variety, number and value of transactions that people are prepared to enter into.  HIC understands deeply what an effective and efficient audit means to stakeholders such as shareholders, boards of directors, regulators and other third parties.  HIC provides high-quality independent services that fulfill the purpose of an audit and the requirements it demands.

 

 

 

 

 

 

 

Important Updates:

Aug, 2010 - The proposed changes contained in the 2010 Exposure Draft update GAGAS to reflect major developments in the accountability and audit profession and emphasize specific considerations applicable to the government environment.

 

Aug 4, 2010 - AAPC issues Statement of Federal Financial Accounting Technical Release 12, Accrual Estimates for Grant Programs.


Aug 4, 2010 - FASAB Issues Standard on Subsequent Events: Codification of Accounting and Financial Reporting Standards Contained in the AICPA Statements on Auditing Standards.

April 5, 2010 - SFFAS 37 - Social Insurance: Additional Requirements for Management’s Discussion and Analysis and Basic Financial Statements.

 

 

 

 

 

 

 

 

 

 

 

Federal Servicies

 CFO Act Financial Audit         

Financial Reporting Management            

Single Audit Act Audit

OMB-123 Compliance

SSAE No.16 Examination

Fraud Detection & Prevention

Policies & Procedures Reviews 

Agreed Upon Procedures

Information System Audit

 

Commercial Services

Financial Statements Audits

Asset Acquisistion Audit

Agreed Upon Audit Procedures