Assurance & Accounting

Audits, Reviews, Compilations

For over 70 years the CPAs at DWD have provided attest services to clients throughout Northeast Indiana.  There are three types of attest services:  audits, reviews and compilations.  Audited financial statements give the highest level of assurance allowing auditors to express an opinion of the organization.  Reviewed financial statements contain some inquiry and analytical testing, however, do not express an opinion.  These statements contain "limited assurance." A compilation of financial statements is the simplest form of preparing statements and for these no inquiry and analytical testing is performed and neither is an opinion.

The CPAs at DWD are qualified to perform the following types of specialized audits:

*Businesses and nonprofit organizations that provide an employee benefit plan and have at least 100 people eligible to participate in the plan, are required by the Internal Revenue Service to have the plan audited annually.

DWD audits employee benefit plans and pension plans for:

Initial year plans that are required by the IRS to have additional audit procedures performed
On-going plans that are administered by a CPA or (TPA) firm that is not permitted to audit the plan due to conflict of interest issues

Choosing An Accountant to Provide Attest Services

Please consider the following information when choosing an accountant to perform your organization’s attest services:

The accessibility and responsiveness of the firm’s personnel. DWD’s staff works in teams to better serve our clients. More than one individual will be responsible for and familiar with your organization and its needs. If one person is not available to take your call, another member of the team will be glad to assist you. You can be assured that we will always work with your personnel in a courteous and professional manner.

The involvement of the Director/Partner serving your organization. DWD’s policy is to provide dedicated involvement of the Director in charge of the engagement. We utilize a mix of experienced and junior staff on the fieldwork in order to perform the engagement in a few days rather than send only a junior person who might spend a week or more performing the work. We find that this approach serves to minimize disruptions to you and your staff.

The firm’s ability to take a pro-active stance in relation to your organization; its ability to identify opportunities and to help your organization to benefit from those opportunities. DWD’s decades of experience serving businesses and nonprofit organizations and its on-going training allow us to identify and make additional suggestions with regard to internal accounting controls and accounting efficiencies.

The firm’s ability to add value to its services. Many firms can provide you with a standard report. DWD provides the report and also includes a letter addressing observations made during the audit and recommendations for improving the organization’s cost effectiveness, promoting accounting efficiency and control, and maximizing the organization’s resources.

Accounting and Payroll

The CPAs at DWD provide controllership services, known as outsourced accounting services, to small and mid-sized businesses as well as non-profit organizations.  Upon identifying the needs of our clients, we customize a solution unique to the organization. 

You might think your company saves money by handling bookkeeping and accounting services in-house. But many companies find that's not the case. Let's take a look at some of the advantages of outsourcing these time-consuming and complex chores:

You gain access to high-level accounting skills without having to hire or train qualified personnel.
You reduce or eliminate potential errors, omissions, fraud, and other problems that can crop up by doing accounting and bookkeeping in-house.
The time and resources spent keeping the books can be spent on more important, profitable activities in your business.
You might actually save money with outsourced accounting and bookkeeping services. Consider all the costs of doing it in-house, such as recruiting, salaries, taxes, training, paid time off and benefits. For many companies, it is cheaper to turn these important tasks over to professionals who specialize in them.
Outsourcing services commonly include basic bookkeeping, accounts receivable, accounts payable, payroll, strategic plans and budgets, internal auditing and more.

Some of the controllership services DWD offers include:

Reasons to seek DWD’s Controllership Services:

Accounting staff on vacation or medical leave
Resignation of CFO, controller or key accounting staff
Accounting system conversion that requires the full attention of your staff
Train new business owners or accounting staff
Bring accounting records up-to-date
Eliminate backlog of accounting-related issues and records

Benefits of engaging DWD to provide controllership services:

Companies, both small and mid sized, have relied on DWD's payroll services for nearly 40 years.

DWD also offers payroll processing services:

DWD’s payroll services include:

DWD’s payroll processing system allows for the following special payroll situations:

Please contact our office for more information and pricing on our payroll processing services.

"Bruner Dental has been with DWD for well over 15 years. The entire team at DWD has been helpful in many ways. From simple questions day to day, to audits, payroll needs, and much more; they…"

Rondell Nelson

Bruner Dental