Public companies have different challenges than private companies.
It's been 10 years since the Sarbanes-Oxley Act (SOX) ushered in a new era of corporate governance for public companies. The post-Enron act aimed to improve the audit process and internal controls, increase board independence from management, and improve disclosure and transparency. And as the 2012 Jumpstart our Business Startups (JOBS) Act fuels interest among private companies to consider an IPO, more businesses will have to comply with the regulations.
Does your company meet SEC requirements? Auditing and
accounting standards are constantly changing, and it's challenging to
meet your compliance obligations with minimal disruptions to your daily
Our professional team understands the needs of SEC registrants. We keep current on changing requirements and have decades of experience providing independent audit, tax and consulting services for public companies.
Kaufman, Rossin & Co. has been registered with the Public Company Accounting Oversight Board since the Board was established. We've been inspected twice, and both times our inspections were clean - no deficiencies were found. With 100% clean PCAOB reports and decades of clean peer reviews, we've got the track record and technical skills to meet your expectations - but it's the personal service we provide that differentiates our firm.
For public companies we don't audit, we offer a host of independent consulting services. Due to independence rules, your auditors can't help answer these questions...but we can.
Are your internal controls effective? Section 404 of the
Sarbanes-Oxley Act requires management of a public company to evaluate
and report on the effectiveness of internal controls. However, the SEC
has indicated that a company's independent auditors are not the
appropriate resource to assist with the evaluation.
Kaufman, Rossin is well-qualified to help public companies comply with SOX 404. We've assisted a number of clients, interfacing effectively with their management, their staff and their auditors. Audit Principal Alan Chosed, CPA has more than two decades of experience providing a variety of advisory and assurance services including SEC compliance, Agreed Upon Procedures and internal control reviews to public and private companies.
How much is it really worth? If you're considering a merger,
acquisition or consolidation, you need to do proper due diligence,
including assessing the value of potential business combinations.
Additionally, if you have goodwill on your books, you need to evaluate
it at least annually for impairment.
Our dedicated team of certified valuation professionals, including Director of Business Valuation Services Jeffrey Kinderman, CVA, helps clients evaluate potential deals and perform purchase price allocations and goodwill impairment testing.