D & B Consulting
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D & B Consulting
Based in Orange County, California, D&B Consulting are experts at providing compilation, review, and audit reporting on your financial statements. We also support the business financial function through our entrepreneurial, management consulting and bookkeeping services. Take a look around our site and see if there's anything we can help you with to achieve success in your business.

Our background in auditing financial statements began in the private post-secondary education sector. We have worked with all sizes of institutions around the country as they struggle to stay in compliance with state and federal regulations. Build your business on a solid foundation by adding credibility to and enhancing the reliability of your company's financial statements.

A recent study has shown that 70% of small business owners either don't have an accountant (40%) or get help from their accountant (30%) in identifying strategies to improve cash flow or profit. Higher Ed Do your financial statements need to be looked at by a CPA? Accounting Bookkeeping, Compilations, Reviews.
Services
Based in Orange County, California, D&B Consulting are experts at providing compilation, review, and audit reporting on your financial statements.
We also support the business financial function through our entrepreneurial, management consulting and bookkeeping services.
Take a look around our site and see if there's anything we can help you with to achieve success in your business.
Call us today at 949-228-2457 or 408-655-1438 to set up a complimentary consultation meeting.
Brent M. Hellickson is a certified public accountant (CPA), licensed by the California Board of Accountancy.
We provide affordable tax services to small businesses, individuals and families that meets both federal and state filing requirements.
For most individuals, we can begin to prepare your return as soon as you receive your W-2 from your employer.
Upon completion, we will go over your return with you and either e-file or mail upon your request.
Remember, the sooner you file, the sooner you get your refund.
An audit is the highest level of assurance a CPA can provide.
The purpose of an audit is to provide financial statement users with the CPA's opinion on whether the financial statements are prepared in accordance with the proper financial reporting framework.
The auditor obtains reasonable assurance about whether the financial statements as a whole are free from material misstatement, either by error or fraud.
When a compilation or review is not sufficient for a third party's use, an audit of the financial statements is often the level of service an external CPA will report on.
A compilation is the lowest level of service that a CPA can provide for a client's financial statements.
A compilation engagement requires less time than a review or audit engagement because fewer procedures are required.
The main difference between a compilation and a higher level of CPA service, such as a review or audit, is that a compilation does not provide a basis for obtaining or providing any assurance regarding the financial statements.
Often times, a compilation is sufficient to satisfy third-party requirements.
A review engagement requires all of the procedures necessary for a compilation engagement, plus other analytical procedures that enable the accountant to provide limited assurance on the financial statements.
The purpose of analytical procedures is to identify account balances or relationships that appear unusual so that additional inquiries can be made to determine the cause of the unexpected results.
Based on these inquiries, any necessary adjustments to the financial statements may be proposed to management.
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