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Audits & Accounting
GSG’s approach to audit and accounting services is based on an understanding of the complex business environment in which our clients operate. With a dedicated audit and accounting department, GSG tax professionals have the necessary technical resources at hand to address the most challenging assignments. And to ensure accuracy and compliance with all federal, state and local requirements, GSG utilizes state-of-the-art technology and works in a paperless environment.

Audits

Financial statement audits are normally conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. An audit includes examining, on a test basis, evidence supporting the amounts and disclosure in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation

Reviews

Reviews are conducted for the purpose of expressing limited assurance that there are no material modifications that should be made to the financial statements. A review consists principally of inquiries of company personnel and analytical procedures applied to financial data

Compilations

Compilations are limited to presenting in the form of financial statements information that is the representation of management

Internal Control/Management Observations and Recommendations

We believe one of the most valuable services an accounting firm can provide is to make recommendations to its clients on how they might improve their internal controls and/or other procedures which may increase their efficiency and /or profitability

Financial Forecasts

Present an entity's expected financial position, results of operations and cash flows for a future period. A forecast is based on assumptions that reflect conditions management expects to exist and the course of action it expects to take

Financial Projections

Present the financial position, results of operations and cash flows for a future period(s) that management would expect based on the occurrence of one or more hypothetical assumption

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Suite 250
Owings Mills, MD 21117
(410) 356-5900
(800) 333-0272

47 N. Potomac Street
Hagerstown, MD 21740
(301) 739-9000