• Audits


    An audit is the process that a Certified Public Accountant goes through to enable the expression of an opinion as to the general fairness of the presentation of information in the financial statements.

    Our audit clients include governmental, non-for-profit and non-public traded companies. Daniel Jones & Associates has experienced staff with a thorough knowledge of the auditing and accounting requirements that apply to your business or organization.

    Whether you select Daniel Jones & Associates as an outside auditor or consider us as a source to meet your internal audit needs, our experience, size and personalized service are the perfect combination of the attributes you need from an audit firm.

    Yellow Book Audits - These audits are based on standards issued by the Office of Management and Budget (OMB). Yellow Book auditors require 80 hours of continuing education annually in addition to the other requirements for state licensure. Yellow Book audits derived their names from the original issuance of standards which were literally printed in a yellow book.

    Single Audits - Single audits are Yellow Book audits that are required by the Federal Government for entities that spend more than $750,000 in Federal award money. These audits are submitted to the Federal Audit Clearinghouse (FAC) for distribution to the multiple agencies which fund the entity's expenditures. Single audits require additional examination to assure the agencies that the money was spent according to the rules of the award.