Our External Audit-related services include:
- Audit Readiness – Whether you are: 1) a start-up company, 2) undergoing a private placement, IPO, divestiture of a business unit that has never before been audited, 3) an organization that never before has been audited and now requires an audit for the first time or, 4) simply dealing with resource shortages or managing through other accounting projects that need your attention, we can assist and lead this process for you. With decades of experience in preparing companies for an External Audit, as well as auditing a multitude of companies across industry sectors for a large variety of audit needs (i.e., for banks and debt covenants, regulators such as FDIC, SEC), we can assist and lead in getting you ready for any audit from the planning phase and all the way through the reporting phase.
- GAAP Execution – Our team is not only well diversified and experienced in US GAAP, but we also have experience in IFRS, and can bring this experience to you in the form of assistance on drafting footnote disclosures, Technical Memos, accounting pronouncement assessments, and the implementation and execution of accounting pronouncements.
- Enhanced Closing Process – We can provide assistance and improvements with month-end, quarter-end or year-end close. Whether you have a resource shortage that warrants interim assistance or are seeking to enhance and create more efficiencies in your closing process, we can be there to help.
- Adopting, Implementing & Monitoring Accounting Policies & Procedures – We can provide assistance and improvements in developing, implementing and monitoring policies & procedures, as well as creating enhancements in the management of your accounting policies & procedures.
- Internal Controls Oversight – Our team has decades of experience in identifying, monitoring and reporting on internal controls to Boards and Audit Committees, as well as related material weaknesses, significant deficiencies, and deficiencies in SOX, FDICIA and other internal control reporting requirements.
- Other Financial Reporting Needs – We have extensive experience in documenting and delivering across the financial reporting cycle, just ask us. We likely can assist you.
Not only does our team have experience with External Audit and Financial Reporting, we also have experience in Internal Audit; with diversified and extensive experience in auditing the operational side of your business.
Our Internal Audit-related services include:
- Risk Assessment – development or additional evaluation of your Risk Assessment, taking into consideration changes in operations, economic climate, industry factors, etc.
- Internal Audit Plan – development or additional evaluation of your one-to-three year Internal Audit Plan.
- Internal Audit Execution – We are available for co-sourcing or outsourcing of any, or all elements, of your Internal Audit Plan.
- Internal Audit Quality Assurance Reviews – We have experience in executing QARs in accordance with The Institute of Internal Auditors Standards and are available to assist or conduct this external audit review, as mandated every five years by The IIA.
- Communication of Results – Seeking to enhance your interim or annual reporting to the Audit Committee and Board of Directors in the Internal Audit area? We have extensive experience in Internal Audit and can help you establish or enhance dashboard reporting, performance metrics, etc.