At Wright Ford Young & Co., we long realized one of life’s most challenging lessons: that we cannot be all things to all people. We understand that we live in the day and age of specialization, so to best serve our clients, we chose to focus our audit practice in the manufacturing/distribution, professional service firm, real estate, and construction sectors. We also don’t audit public companies, instead choosing to invest our time and energy on privately held entrepreneurial businesses. Our specializations set us apart, but our approach makes us unique.
Our approach includes a higher degree of partner and manager involvement, the use of internally developed IT resources to extract and manage data, and the use of significant industry data. Our approach is also proactive. While most CPA firms will react to the impending switch from U.S. generally accepted accounting principles (GAAP) to international financial reporting standards (IFRS), we are already planning for that day by constantly monitoring the actions of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) and by communicating the potential impact to our clients.
In addition to providing audit and assurance services to business entities, we also have one of the largest employee benefit plan audit practices in California.