Prepare Audited Financial Statements for Immigration Filing

A data forensics consulting C-corp based in Cambridge, Massachusetts needs to apply for a US Federal Government benefit and is required to produce an audited financial statement for the period to date (Jan through April 2019). The data forensics company is relatively straightforward (around 5 employees, one bank account, two company credit cards) and due to its nature as a data forensics company, it maintains good internal controls. It needs to show that it can afford to pay the base salary of a proposed new employee. There are two ways it needs to do so: by showing a net income equal to or above the salary of the proposed new employee and by showing net assets equal to or above the salary of the proposed new employee. The letter will need to contain standard audit language (i.e. "I completed my audit according to the auditing standards set out by Generally Accepted Accounting Principles in the United States. Based on this audit, I have obtained reasonable assurance that the above noted financial statements are free of material misstatement. As part of my audit, I examined and tested evidence supporting the figures contained in the financial statements. I also assessed the accounting principles and estimates used by the company in preparing their financial statements. This audit formed the basis of my opinion. In my opinion, the financial statements are represented in accordance with Generally Accepted Accounting Principles in the United States.") For net profit: there is one major contract which will produce net income well in excess of the proposed new employee's salary. For net assets: this should be straightforward given the corporate bank account itself already has ample cash balance that can be verified via a bank letter and verification with the bank officer who issued the letter.