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Home > Financial Services > Accountants > Ghaffari Zaragoza LLP Certified Public Accountants
Ghaffari Zaragoza LLP Certified Public Accountants
Ghaffari Zaragoza LLP is a well respected public accounting, consulting and training firm, serving the nonprofit community since 1991. Their professional staff is well versed in accounting and finance issues faced by nonprofit organizations. They are creative, practical, energetic, knowledgeable, professional, approachable and very responsive to their client's needs. They are one of the few accounting firms in the Greater Bay Area that only serve nonprofit organizations.
Ghaffari Zaragoza LLP firm participates in the American Institute of Certified Public Accountants' peer review program, which requires them to adhere to the highest quality control standards in the profession. They take pride in the fact that since the inception of the firm they have only received unqualified opinions on their peer reviews.
An audit provides the highest level of assurance that the financial statements fairly represent the entity's financial position and results of operation in accordance with generally accepted accounting principles. The objective of an audit is the expression of an opinion about the financial statements of an organization. The opinion indicates whether the financial statements are free of material errors or irregularities and are prepared in conformity with accounting principles generally accepted in the United States of America.
A review of financial statements consists primarily of inquiries of the organization's personnel and analytical procedures performed on the financial statements provided by management to determine if they are reasonable. With respect to reliability and assurance, a review falls between a compilation, which provides no assurance, and the more extensive assurance of an audit. A compilation involves preparation of financial statements from information provided by the organization's management. A compilation is useful when in-house capabilities for preparing financial statements are limited. In a compilation engagement, all the initial accounting records are processed by the organization. The independent accountant compiles the financial statements in a form that is in accordance with generally accepted accounting principles.
Ghaffari Zaragoza LLP firm provides a variety of consulting services. They use their cumulative knowledge and experience to bring the best recommendations to their clients in each and every engagement. Their services include but are not limited such as financial management services, Accounting services, Information systems, tailored training services. They believe that every nonprofit organization plays an important role in their community. Their goal is to ensure the highest level of understanding and use of financial reports in order to maximize resources and minimize duplication of effort. By serving only nonprofit organizations, they are able to stay abreast of all relevant financial management, technology and tax issues.
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