Audit + Assurance Services
Whether you are a sole proprietor needing a compiled financial statement, a publicly-held business needing an audit in full compliance with SEC Rules and Regulations, or any of various levels in between, Rosenberg Rich Baker Berman, P.A. (RRBB, P.A.) is qualified, interested, and well-experienced to filling those needs.
Almost every organization at some point, whether it's publicly owned, privately held, or not-for-profit — has to report how the organization is doing financially. These reports help investors and creditors evaluate the business and help owners make management decisions. RRBB has conducted assurance services for both public and private U.S. companies, U.S. subsidiaries of foreign owned companies, U.S. companies operating abroad, and a wide variety of not-for-profit organizations and for international companies both foreign and U.S. owned. We are familiar with the reporting requirements of various specialized industries. In addition to financial statement reporting, RRBB provides specialized reporting such as agreed-upon procedures, royalty and lease audits, and fraud examinations.
Audit
RRBB, P.A.’s attest group will work in combining our strategic understanding of today’s competitive business environment and our experience in evaluating the business risks you are faced with. We look to add value in the audit process with our in-depth analysis of your financial statements and providing practical suggestions to strengthen internal controls, improve operational efficiency, and enhance systems and procedures.
Review
Our review process typically begins with our gaining a good understanding of your business. We would then look to obtain an understanding of your accounting and business systems, through discussions with members of your management team. Then discussions about timetables, lists of information required and all else needed for the review procedures. In the review process, constant communication with our clients enables an efficient and effective review, with no surprises. And before finalizing, we will review a draft with you and obtain approval.
Compilation + Preparation
RRBB, P.A. will meet with you to discuss your organization and the needs for the compilation and its timetables. We will provide you with a list of the information and schedules that we will need to perform the required compilation procedures. And at the conclusion of our compilation, we will review a draft of the financial statements with you and obtain your approval.
Agreed-Upon Procedures
If you are in need of an independent, experienced accounting firm to execute and report on specific procedures, we are very skilled in providing this level of assurance service. Typically we are engaged to assist a specified party in evaluating subject matter or an assertion as a result of a need or needs. Because the specified parties require that findings be independently derived, RRBB, P.A.’s attest group is brought in to perform procedures and report findings.
In addition to senior management of enterprises, many of our agreed-upon procedures engagements are performed at the request of third parties, such as lenders, potential acquirers of companies, lessors, boards of directors, etc.
PCAOB Reporting
In today’s highly sensitive compliance and reporting environment, many public companies require an experienced and proactive advisor to assist them with financial reporting, tax, and accounting matters. Under the SEC and Sarbanes-Oxley regulations, public companies’ external auditors are precluded from performing many of these services.
RRBB, P.A. has a great deal of experience in this environment, providing us with the resources to assist our non-audit clients with:
- Accounting and reporting of current and new accounting pronouncements
- Reading and commenting on the company’s quarterly and annual financial statements before submission to your external auditors
- Reading and commenting on other information included in SEC filings
- Assistance in technical accounting areas, such as income taxes and share-based compensation
- Assessment over key accounting assumptions and practices
Our team will provide you with the expertise, manpower, and efficiency you need to be in a position of success. As a firm registered with the Public Company Accounting Oversight Board, RRBB, P.A. is among the firms nationwide that are required to meet the highest quality standards within our industry to comply with the Board’s requirements and inspection process.
Associated
