Audits and Assurance

PUBLIC-COMPANY FINANCIAL STATEMENT AUDITS

We are registered with the Public Company Accounting Oversight Board (PCAOB) and provide audits and interim reviews of financial information for public companies reporting to the Securities and Exchange Commission (SEC).  Most of our clients are smaller reporting companies. We service various industries including but not limited to: technology, software, gaming, retail, services, manufacturing, distribution, medical technologies, film, and real estate.

Equity Crowdfunding Audits

The JOBS Act resulted in three unique rules that changed securities laws that remained relatively unchanged for over 80 years.  Companies undergoing equity crowdfunding may be required to get an audit under PCAOB or AICPA guidelines or a review.  See our services specifically related to Equity Crowdfunding here.

PRIVATE-COMPANY FINANCIAL STATEMENT AUDITS

We provide audits of financial statements under AICPA guidelines for private companies across the country.  Audits are considered the highest level of assurance for a company’s financial statements and are often required for bank covenants, VC or private equity backed shareholder requirements, or for the sale or merger of a business.  In addition, more and more companies are requiring audits and reviews for equity crowdfunding under applicable JOBS Act regulations.  

FINANCIAL STATEMENT REVIEW SERVICES

We provide reviews for private companies.  A review requires management to prepare complete financial statements and notes thereto, as required under accounting principles accepted in the United States.  Banks or financial institutions generally will require a review of your business if your line of credit is $500,000 to $3 million.

FINANCIAL STATEMENT COMPILATION SERVICES

A compilation generally involves the preparation of financial statements by a CPA, from your records.  There is no form of assurance, except that we generally will make inquiries of specific accounts to obtain understandings and make suggestions to management.

INTERNAL AUDIT SERVICES / SOX 404

We provide outsourced internal audit services for public companies. These services involve a variety of services covering operational, financial, and compliance related activities. This includes the documentation, assessment, testing and remediation of internal controls.  There is empirical evidence that suggests that companies are more valuable and more profitable with a well-balanced and strong internal-control environment.

DUE DILIGENCE/AUDIT SUPPORT

Whether there is a pending acquisition or a financing transaction, we provide your services which will give you additional support for your decision.  We also provide audit support services to enable you to navigate tough accounting and reporting issues for your auditors.