Frequently Asked Questions

AssureLinq comes from our approach to assuring quality in everything we do. We make it happen for you and connect systems and communication channels. 

We also cover financial statement assurance to enhance the user's confidence in the information that is being reported. In a financial statement audit, we obtain reasonable assurance about whether the financial statements are free of material misstatement.

Linq stands for  Language-Integrated Query (LINQ) is a robust set of technologies based on the integration of query capabilities directly into the C# language. 

However, Linq represents our comprehensive approach to linking all aspects of your business including all aspects of SG&A and the core business, making sure procurement and production are in line with their lead and lag times, accounting is in communication throughout the process monitoring inventory, and communicating with sales to tackle complex issues that may arise with ASC 606. When we decide to take on new clients, our philosophy is we are linked, when you succeed we succeed.

Organizations engage audit firms for several reasons:

• Independent assurance: Audit firms provide an objective and independent assessment of an organization's financial statements and internal controls, enhancing confidence for stakeholders, including investors, lenders, and regulators.
• Compliance requirements: Many organizations are required by law or regulations to undergo audits to ensure compliance with accounting standards, financial reporting rules, or industry-specific regulations.
• Risk management: Audit firms help identify and mitigate financial and operational risks, providing recommendations for improving internal controls and risk management processes.
• Business credibility: A clean audit report from a reputable audit firm can enhance an organization's credibility and reputation in the marketplace, increasing trust among stakeholders.

Hiring an audit firm offers several benefits, including:

• Independent assessment: Audit firms provide an unbiased and independent evaluation of an organization's financial statements and internal controls, increasing confidence and credibility for stakeholders.
• Compliance assurance: Audit firms ensure that organizations adhere to applicable laws, regulations, and accounting standards, reducing the risk of non-compliance and potential legal issues.
• Risk identification and mitigation: Audit firms help identify financial and operational risks, providing recommendations and guidance on strengthening internal controls and risk management processes.
• Improved decision-making: The insights and recommendations provided by audit firms enable organizations to make informed and strategic decisions based on reliable and accurate financial information.
• Enhanced stakeholder trust: A clean audit report from a reputable audit firm can enhance trust and confidence among investors, lenders, customers, and other stakeholders, strengthening the organization's reputation.
• Professional expertise: Audit firms bring specialized knowledge, skills, and experience in auditing, accounting principles, and industry-specific regulations, ensuring a thorough and accurate audit process.
• Efficiency and cost-effectiveness: Engaging an audit firm can be more cost-effective than maintaining an in-house audit function, especially for small and medium-sized organizations that may not have the resources or expertise to perform comprehensive audits.

AssureLinq is an all-in-one managed service provider that can handle any task related to enterprise mobility management, including:

• Creating new orders
• Managing upgrades
• Activating new devices
• Suspending devices and accounts
• Cancellations
• Device replacements and swaps
• Feature additions
• Managing international travel
• Device backups and troubleshooting

To prepare for an audit, organizations can take the following steps:

• Organize financial records: Ensure that all financial records, including bank statements, invoices, receipts, and supporting documentation, are organized and easily accessible.
• Review internal controls: Evaluate the effectiveness of internal controls and address any identified weaknesses or gaps prior to the audit. This may involve implementing new controls or improving existing ones.
• Perform a pre-audit review: Conduct an internal review of financial statements and records to identify any potential issues or discrepancies. This helps to address issues proactively and ensures accurate financial reporting.
• Provide documentation: Be prepared to provide the audit firm with requested documentation and explanations for specific transactions or balances. This may include contracts, agreements, schedules, and other relevant information.
• Communication with the audit firm: Maintain open and transparent communication with the audit firm throughout the audit process. Clarify any questions, provide requested information promptly, and address any concerns raised by the auditors.

By preparing in advance and collaborating closely with the audit firm, organizations can streamline the audit process and ensure a smooth and efficient engagement.

AssureLinq firms can contribute to sustainability and environmental initiatives in several ways:

• Environmental audits: Audit firms can perform specialized environmental audits to assess an organization's compliance with environmental regulations, identify potential risks and liabilities, and recommend sustainable practices.
• Carbon footprint assessments: Audit firms can assist organizations in measuring and reducing their carbon footprint by analyzing energy consumption, transportation practices, waste management, and other factors contributing to greenhouse gas emissions.
• Sustainability reporting: Audit firms can provide assurance services on sustainability reports, verifying the accuracy and reliability of the reported information, thereby enhancing transparency and credibility.
• Advisory services: Audit firms can offer guidance and recommendations on implementing sustainable practices, energy efficiency initiatives, renewable energy adoption, and other environmentally responsible strategies.
• Internal control reviews: Audit firms can assess the effectiveness of internal controls related to sustainability initiatives, ensuring proper monitoring and reporting of environmental performance.

Our automated financial audit services leverage the power of Robotic Process Automation (RPA) to revolutionize the audit process. By combining advanced technologies with our audit expertise, we provide efficient, accurate, and insightful financial audits that meet the evolving needs of businesses in today's digital era.

Key Features of our Automated Financial Audit and RPA Services:

• Data Extraction and Analysis: RPA tools enable seamless data extraction from various financial systems and sources. We automate the collection and analysis of financial data, improving the speed and accuracy of the audit process. This includes extracting transactional data, reconciling accounts, and performing analytical procedures.
• Continuous Monitoring and Testing: RPA allows for continuous monitoring and testing of financial transactions and controls. We deploy automated bots to perform ongoing checks, identify anomalies, and promptly detect potential errors or fraudulent activities. This real-time monitoring enhances risk assessment and strengthens internal control systems.
• Standardization and Compliance: With RPA, we ensure standardization and consistency in the audit process. By automating repetitive tasks, we reduce the risk of human errors and ensure compliance with auditing standards and regulatory requirements. RPA also facilitates the documentation and traceability of audit procedures.
• Enhanced Audit Trail: RPA generates a comprehensive audit trail, capturing each step of the automated audit process. This detailed trail provides transparency, accountability, and a clear audit history, facilitating internal and external reviews, as well as regulatory compliance.
• Data Analytics and Insights: RPA tools enable advanced data analytics, allowing us to derive meaningful insights from your financial data. We leverage techniques such as predictive modeling, anomaly detection, and trend analysis to identify patterns, risks, and opportunities. These insights drive informed decision-making and provide valuable business intelligence.
• Collaboration and Reporting: RPA streamlines collaboration between auditors and clients. Through secure portals and automated workflows, we share information, requests, and reports, ensuring efficient communication and collaboration throughout the audit process. RPA also enables the generation of accurate and comprehensive audit reports in a timely manner.

Yes. AssureLinq provides all clients with access to a portal. From services tickets, custom reporting and inventory, AssureLinq's Portal has you covered with a single sign-in access all account information regardless of carrier. For Audit Services and Due dilliance Assure Linq utilizes 3rd party portal service providers.

We service the east coast of the United States with our primary office being locates in Orlando Florida. 

Assure Linq provides a comprehensive range of services, including traditional services such as financial statement preparation, tax planning and preparation, bookkeeping, payroll management, business advisory, and financial consulting. In addition to general accounting services we provide a technology focused approach leveraging the latest software offerings and data analysis tools improving efficiencies. We cater to the needs of individuals, small to mid-sized businesses. See more about the services we provide on the "Who we are" page and schedule your free consultation.

We can assist you in developing personalized financial plans, budgeting, cash flow management, and financial forecasting. Our expert team consists of professionals trained by top 10 accounting firms and top 20 Investment Banks in Audit, Tax, Transaction Advisory, and Investment Banking and they will analyze your financial situation, identify opportunities for improvement, and provide actionable strategies to optimize your financial management.