Certified Public Accounting firms with accounting or auditing practices must ensure that the reports they issue and the work papers that support them meet professional standards. If not, the firm may have trouble passing peer review, face embarrassment if work becomes subject to public disclosure, or be at a disadvantage if a lawsuit is brought against the firm.
It is difficult for CPA firms to keep up with all the accounting and auditing standards that keep changing while the income tax rules have been revised significantly. Most smaller firms can’t afford to hire an experienced full-time CPA that is up-to-date with Generally Accepted Accounting Principles (GAAP) and knows how to perform efficient risk-based audits.
The solution is to hire Jim on a per diem basis to perform a pre-issuance quality review of your reports and files, assist in planning audit engagements, and provide consultation to guide you in the application of standards. Jim recently retired from Mazars USA where he performed quality review for over 30 years along with my accounting and audit partner responsibilities. Jims years of practical experience enable jim to assist your firm with the performance of its attest requirements. Jims areas of expertise include audits, reviews, compilations, employee benefit plans, SOC reports, valuation reports, agreed upon procedures, Yellow book, non-profit, HUD, SRMs, and internal control.
Make sure your reports follow professional standards. Call Jim at 732-261-7710 to learn more about his quality review services in the Monroe Township NJ area or request a free consultation online now. Jims credentials include:
