Audit

Kurt Kofford

Kurt Kofford

Director

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Greg Papineau

Greg Papineau

Director

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Braden Hammond

Braden Hammond

Director

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BiggsKofford utilizes a risk-based audit approach that is customized to your organization. By obtaining a thorough understanding of your organization, its goals, business operations and systems, we are able to tailor our audit approach to focus on those areas with the most risk.

We begin by identifying the users of the financial statements and determining key concerns, issues and objectives for the audit, including minimization of certain risks and any assurances you might expect to obtain from the audit process. Based on this assessment, we design effective, efficient and creative audit procedures to address the specific risks and concerns identified for you.

In assessing risk, we consider several factors, including:

  • The systems and internal controls in place
  • The experience of management and other employees
  • The complexity of the accounting principles applicable to the organization
  • The level of judgment required to account for specific transactions
  • The significance of specific transactions relative to the financial statements

The BiggsKofford audit approach focuses specifically on the risks present within your organization. When we first began using this approach several years ago, it represented a break with the methodology used by most firms. As recent accounting scandals have come to light, our profession has responded with enhanced auditing standards. Many of the new standards represent the risk-based approach we have been using for years.

In addition to audit services, BiggsKofford provides a variety of other services depending on the level of assurance you want to achieve. These services include:
Audit and Assurance Services

  • Audits
  • Reviews
  • Compilations
  • Historical financial statements
  • Forecasted financial statements
  • Projected financial statements
  • Internal control evaluations
  • New accounting standard implementation
  • Agreed-upon procedures regarding both financial and non-financial information
  • Ballot counting and election certification

Please contact us to discuss which level of service is the best for your organization.

Helpful links:

BiggsKofford Peer Review Report
Financial Accounting Standards Board
Accounting Standards Codification
Governmental Accounting Standards Board
American Institute of Certified Public Accountants
BiggsKofford’s Blog

Our Location

Our Location

BiggsKofford
630 Southpointe Court, Suite 200
Colorado Springs, CO 80906

P: 719.579.9090 | F: 719.576.0126
info@biggskofford.com

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Testimonials

Testimonials

BiggsKofford is very good at understanding our business and the different personalities that make up our organization. We always feel that BiggsKofford is right there for us.
BiggsKofford provides personal and business advice. We are very comfortable including the BK Team in all major business decisions.
The advantage to us is that BiggsKofford knows the local business playing field and not just the tax code.
Your team understands what’s happening in our business. BiggsKofford takes everyday situations and utilizes accounting ideas that benefit our lives.
I am not a number. I am a person who matters. BiggsKofford is large enough to have the technical knowledge, expertise, and depth, but small enough to do it in a personalized manner.
We are proud to partner with BiggsKofford because of your high level of professionalism and outstanding integrity.
The direct consultation from BiggsKofford has allowed us to feel confident in the major decisions we had to make in order to achieve our growth.
Utilizing the personal CFO services of BiggsKofford has allowed me to maintain my most valuable commodity…my time.
BiggsKofford is forward thinking on behalf of its clients. They proactively recommend actions we should be taking now to minimize our future taxes.
The firm encompasses so much more than just tax and auditing. We’ve been with the firm a long time and always receive top-notch services.
--Cheri Bergst, RE Monks Construction

--George Hess, Vantage Homes

--PJ Anderson, Land Development

--Dr. Seth and Mrs. Stacy Kimmelman

--Steve Dawes

--Susan Boyd, Longmont Dairy

--Jeff Smith, CEO of Classic Homes

--Bill Miller, XAware, Chairman of the Board

--Anthony Fagnant, President of Qualtek Manufacturing

--George Hess, Vantage Homes

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