Since 1978, the Firm's Audit Division has provided public accounting and auditing services to a variety of not-for-profit organizations and government entities. We also perform federal grant audits for various state agencies, and provide audit services for many local agencies including the Washington State Public Stadium Authority, the Port of Seattle, King County, Pike Place Market, City of Seattle, and Seattle School District.   Based upon this experience, we are extremely knowledgeable in accounting issues relating to the use of public funds and are able to provide this expertise to our clients.  In addition to our nonprofit clientele, the Firm's Audit Division provides governmental auditing as a subcontractor with large regional and national accounting firms and financial and management service companies. 

Our audit practice consists almost entirely of nonprofit organizations and government agencies enabling us to focus our experience and continuing education on these organizations which directly benefits our nonprofit clients.   The Firm has four professionals who work in our auditing division and we strive to assign the same auditors to each year's audit which provides the greatest level of service and efficiency to our clients.

The Firm is licensed to practice in the State of Washington and has complied with all applicable Washington State Board of Accountancy requirements.  In addition, Firm employees have met all State and AICPA Continuing Education requirements including the annual 40 hours of government and not-for-profit continuing education, as required by Government Auditing Standards for performing audits of government funded programs in accordance with OMB Circular A-133.  We place great importance on remaining updated on the latest requirements, as the standards change frequently.

The Firm is a member of the Washington State Society of Certified Public Accountants and the American Institute of Certified Public Accountants (AICPA), complies with the rules and regulations of both organizations and is currently a member in good standing with these accounting associations.  In addition, the Firm has never been sanctioned or disciplined by either of these organizations and has not had any federal or state desk reviews of its audits.  We are governed by the peer review and quality control requirements of the State Board of Accountancy in the State of Washington and the AICPA.  We have had all required peer reviews which involve CPA's from another firm reviewing our system of quality control.  As our audit practice consists entirely of governmental and nonprofit audit services, the reviewers inspected our workpapers and audit reports for various nonprofit clients for compliance with professional standards,   The results of our peer reviews have always been unqualified "clean" opinions, which indicates our Firm adheres to the rigorous criteria of our profession.

As evidenced above, Branch, Richards & Co. has the relevant experience to efficiently perform your annual audit.  Our small firm philosophy of taking a personal approach to satisfying our client's needs, combined with our experience which is commensurate with much larger firms, makes Branch, Richards & Co. a superior choice when selecting your CPA firm.

Key Benefits

	Accurate Financial Reporting
	State and Federal Compliance Requirements
	Maintain Overall Fiscal Responsibility
	Safeguarding of Assets