Auditing & Accounting

Audit has proven its worth over the years, to creditors and owners alike.

Levi & Levi’s audit professionals believe that independent auditors perform the valuable role of being a trusted intermediary between our clients and the users of their financial information. In the wake of the economic crises and scandals of the past 15 years, we believe independent auditors are more important to the financial disclosure process than ever before.

Financial statement audits play a critical role in creating and maintaining creditor confidence and can unlock valuable insights into your business. We at Levi & Levi take this role very seriously, applying powerful computerized audit techniques and routines to create better audit evidence.

Innovation is not a concept traditionally associated with audit. But it is at the heart of our strategy in responding to the unprecedented challenges and opportunities we face as auditors. Innovations that lead to enhanced audit quality, like our application of state of the art technologies and methodologies to the audit process, are important to the organizations we serve.

The global marketplace for assurance services for small- and medium-sized entities (SMEs) is changing. Levi & Levi are ideally placed to help their SME clients determine what level of assurance over their financial statements can best meet their needs, and need to be prepared to respond accordingly.

A review is a limited assurance engagement, which means it provides a level of assurance between that of an audit (a reasonable assurance engagement) and a compilation engagement (an engagement providing no assurance).

Reviewed financial statements provide the user with comfort that, based on the accountant’s review, the accountant is not aware of any material modifications that should be made to the financial statements for the statements to be in conformity with the applicable financial reporting framework.