Financial Audits
At KHSA, our financial audit is designed to provide assurance that the financial statements are fairly presented.  This assurance is critical for government officials, operations managers, regulators and other financial statement users and decision makers. Our audits are performed in accordance with professional standards developed by the American Institute of Certified Public Accountants and Government Auditing Standards.

Auditor independence is vital to the users of audited financial statements. We ensure our professionals are independent in both appearance and fact with regards to each client we serve. 

Single Audit (Circular A-133)
We integrate our single audit procedures with those required as part of the regular financial audit. This not only assures you that an adequate audit is performed but also that cost is minimized by avoiding duplication and overlapping audit procedures.

We work with each client to ensure the audit procedures are performed efficiently and to minimize disruptions to their personnel. We also work with our clients to meet the compliance reporting requirements and develop a plan of corrective action for any deficiencies observed during the audit.

GASB 34 Implementation and Other Financial Reporting Assistance
The accounting standard-setting organizations have been very active lately. Correct implementation of these new standards can be very time consuming and requires careful planning and consideration of underlying concepts.

Our experienced professionals are available to help all types of government entities correctly apply generally accepted accounting principles.  We have assisted our clients in implementing the requirements of GASB 34 as well as the new management discussion and analysis (MD&A) requirements.  Our professionals stay abreast of new accounting issues and pronouncements to assist our clients in complying with regulation.