Financial Auditing in Farmington, CT
Find errors, reduce risk, and strengthen your finances
Clear financial oversight that protects your business
Accurate financial records are essential to making informed decisions and maintaining long-term stability. When financial data hasn’t been reviewed thoroughly, small discrepancies can go unnoticed and larger risks can develop over time.
DWA Accounting provides structured financial auditing services for small businesses that want clarity, accuracy, and reassurance in their records. Whether you’re preparing for tax filing, seeking financing, reviewing internal processes, or simply want a second set of professional eyes on your books, a detailed financial review helps identify issues early and strengthen your financial foundation.
Detailed financial reviews that strengthen oversight
Financial Auditing ServicesComprehensive financial statement analysis
We review Profit & Loss statements, Balance Sheets, and supporting documentation to verify accuracy and consistency.
Transaction sampling & verification
Key transactions are reviewed to confirm proper recording, categorization, and supporting documentation.
Reconciliation accuracy check
We evaluate reconciled accounts to ensure balances align with bank, credit card, and loan statements.
Review of financial controls & procedures
Existing financial processes are assessed to identify weaknesses, inefficiencies, or areas for improvement.
Identify errors or irregularities
We highlight inconsistencies, misclassifications, or reporting gaps before they become larger compliance or financial issues.
Clear findings & practical recommendations
After the review, you receive a summary of findings along with practical steps to improve accuracy, organization, and financial stability.
Structured reviews designed for clarity and accuracy
How It WorksDefine scope & objectives
Step 01
We begin by discussing your business, reviewing your current accounting setup, and defining the purpose and scope of the audit.
Examine financial records
Step 02
We review financial statements, reconciliations, and supporting documentation to evaluate accuracy and consistency.
Identify gaps or discrepancies
Step 03
Transactions and reporting processes are analyzed to identify errors, inconsistencies, or areas where internal controls may be improved.
Provide clear results & next steps
Step 04
You receive a summary of findings along with practical recommendations to strengthen financial accuracy, improve processes, and reduce future risk.
What our clients have to say
Testimonials"I had an excellent experience with DWA Accounting! From start to finish, they were professional, friendly, and incredibly knowledgeable. They made the tax process simple and stress-free, taking the time to explain everything clearly and answer all of my questions.”
Filip
"DWA Accounting was very helpful, knowledgeable and very prompt to return my phone calls when any questions came up. Dane does my bookkeeping, and tax preparation, which helps me overall with lowering my tax liabilities.”
Jennifer A.
"This is my second year using DWA Accounting. Dane makes tax filing so simple, explained everything in detail, super timely and communicative. Will be using his services in the future.”
Phyllis Mead
"I can't recommend DWA Accounting enough! As a first-time small business owner, I had a lot of questions and a short timeline to get up and running this summer. Dane was knowledgeable, thorough, and helped me immediately with everything I needed.”
Brad S.
"I always have had a positive experience with Dane, he’s an expert and always has his clients’ best interest in mind. I recommend him to any business, he is worth every penny and overall this company is excellent.”
Gianmichael DiDomenico
"I’ve been working with Dane for over a decade now, and I can’t recommend him enough. He’s reasonably priced, incredibly thoughtful, and always takes the time to explain things clearly so you feel confident in your decisions.”
Daniel Vagnini
Clear answers about our financial auditing services
Frequently Asked QuestionsThese are some of the most common questions we hear from our financial auditing clients before getting started. If you don’t see your question answered here, feel free to reach out—we’re always happy to help.
Is this the same as an IRS audit?
No. Our financial auditing services are independent reviews of your internal financial records. They are designed to verify accuracy, improve processes, and identify discrepancies—not to conduct a government or regulatory audit.
Why would a small business need a financial audit?
A financial review can be helpful when preparing for financing, evaluating internal controls, transitioning bookkeeping providers, preparing for tax filing, or simply gaining reassurance that your records are accurate and organized.
Will the audit disrupt my daily operations?
No. Our process is structured to review documentation and records efficiently while minimizing disruption to your business operations.
What happens if discrepancies are found?
If issues are identified, we provide a clear summary of findings along with practical recommendations to correct inaccuracies and strengthen your financial processes.
How often should a financial audit be performed?
Frequency depends on your business size and needs. Some businesses request periodic reviews for internal oversight, while others seek an audit during specific transitions or financial milestones.
Do you also help correct issues found during the audit?
Yes. If improvements or corrections are needed, we can assist with cleanup, system adjustments, or ongoing accounting support to ensure your records remain accurate moving forward.