Organizations rely on accurate, credible financial information to make informed decisions, meet regulatory requirements and build trust with stakeholders. Schneider Downs provides independent audit and assurance services designed to strengthen confidence in your financial reporting while delivering meaningful insight into your operations.
Our audit professionals serve private middle-market companies, public entities, not-for-profit organizations and governmental entities. We go beyond compliance to help leadership teams identify risk, improve processes and enhance transparency.
Whether you require a financial statement audit, agreed upon procedure, or specialized compliance service, our team delivers objective, high-quality assurance services tailored to your industry and business model.
Audit services provide independent assurance that financial statements and related disclosures are presented fairly and in accordance with applicable accounting standards.
An independent audit enhances:
In addition to full financial statement audits, companies may also require reviews, compilations or agreed-upon procedures engagements depending on regulatory, financing or governance requirements.
We perform independent financial statement audits in accordance with U.S. GAAS, PCAOB standards (where applicable) and industry-specific requirements. Our audits are risk-based and tailored to the complexity of your organization.
Services include:
Our team collaborates closely with management and audit committees to ensure clarity, efficiency and transparency throughout the engagement.
Schneider Downs performs employee benefit plan audits in accordance with ERISA requirements. We bring deep experience in:
Our specialized ERISA audit team helps plan sponsors navigate complex regulatory expectations while minimizing disruption.
We provide audit and assurance services to Non-profit and for-profit organizations subject to specialized regulatory requirements, including:
Our team understands the nuances of regulatory environments and delivers audits aligned with evolving compliance expectations.
Not every organization requires a full audit. We also provide:
Limited assurance engagements offering analytical procedures and inquiry-based evaluation.
Preparation of financial statements without assurance, appropriate for certain privately held entities.
Targeted testing based on specific stakeholder requirements.
We help leadership determine the appropriate level of assurance based on business objectives, lender requirements and regulatory considerations.
Schneider Downs employs a structured, risk-based audit approach designed to increase efficiency while maintaining audit quality.
We begin by understanding your business, industry and internal control environment to identify areas of higher risk.
We leverage data analytics and technology-driven tools to enhance testing accuracy and coverage.
Our professionals bring deep experience across industries, enabling us to identify sector-specific risks and emerging trends.
We prioritize proactive communication with management and audit committees throughout the engagement.
Our audit services support organizations across diverse industries, including:
Our industry-focused teams understand the unique regulatory, operational and financial challenges within each sector.
As a Top 60 accounting and consulting firm, Schneider Downs combines technical excellence with a relationship-driven approach.
Clients choose our assurance services because we deliver:
We are committed to providing audit and assurance services that support strategic decision-making and long-term success.
A financial statement audit includes identifying risks, substantive testing and assessing internal controls to provide an independent opinion on whether financial statements are presented fairly in accordance with applicable standards.
An audit provides reasonable assurance based on extensive testing. A review provides limited assurance through analytical procedures and inquiry.
Audits may be required by lenders, investors, regulatory bodies, grant providers or governing boards.
Audit timelines vary based on organizational size, complexity and readiness. Most annual audits follow a planning, interim and year-end fieldwork cycle. Our goal is to meet client deadlines and be transparent throughout the engagement.
