• Audit and Assurance

    BGM Audit and Assurance

Audits, Reviews and Compilations

Boeckermann Grafstrom & Mayer provides audit, review, compilation, preparation, and agreed-upon procedures services. Our services are customized depending upon your needs, including financing: financial institutions, private placements, crowdfunding; adhering to government regulations: DOL, HUD, federal and state government; reporting to non-participating owners; or to ensure your financial records are accurate.

BGM offers more than just a compliance audit and the independent review of a company’s financial statements. We believe that a well-planned and properly conducted audit or review can provide valuable insight into a company’s operational efficiencies, internal controls, weaknesses, and opportunities. With this goal in mind, our audits are designed to provide information to improve internal controls and procedures, as well as, proactive tax planning strategies.


An audit is the highest level of financial statement services a CPA firm can provide. The objective of an audit is for the auditor to express an opinion about whether the financial statements prepared by management are fairly presented, in all material respects. The auditor is also expressing an opinion about if they are in conformity with U.S. generally accepted accounting principles (GAAP) or, if applicable, with a special purpose framework (SPF).

An audit consists of obtaining an understanding of internal control and assessing fraud risk. It also requires corroborating the amounts and disclosures in the financial statements by obtaining audit evidence through inquiry, physical inspection, observation, third-party confirmations, examination, analytical procedures, and other procedures.


A review of financial statements includes the performance of analytical procedures, inquiries, and other procedures. The objective of a review is to provide reasonable basis for expressing limited assurance that there are no material modifications that should be made to the statements in order for them to be in conformity with U.S. GAAP or, if applicable, with a SPF.


A compilation of financial statements is the presentation of financial statements that are the representation of management without undertaking to express any assurance on the statements.


Preparation of financial statements is a non-attest service when financial statements are issued that have not been audited, reviewed, or compiled.

Agreed-Upon Procedures

Agreed-upon procedures involve the performance of specific procedures where findings are reported without undertaking to express any assurance about the subject matter.

BGM offers a complimentary initial consultation. Contact Jason A. Marvin, CPA, Principal at (952)844-2531 or jmarvin@bgm-cpa.com to schedule a mutually convenient meeting. 

Contact us to request additional information about our firm or to learn more about our services and specialty practice areas.