Audit & Assurance

We are a full-service audit, tax and consulting firm providing a broad base of services to our clients. Our audit partners are former “Big 4 / Big 8” partners (unique to firms of our size) and each brings in excess of 25 years of experience.

We assist our clients with the latest rules and regulations issued by the U.S. Securities and Exchange Commission (SEC), the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA).

Specific services include:

Public Company Audit Services

We are registered with the Public Company Accounting Oversight Board (PCAOB) and have received four unqualified (i.e., clean) inspection reports. We provide annual audits and timely quarterly reviews for our public company registrants. While many of our clients have been “smaller reporting companies” as defined by the SEC as companies with public float of less than $75 million, we have experience auditing “accelerated filers”. Accelerated filers are required to have an audit of their internal control over financial reporting, in addition to their financial statements. We have assisted clients in going public through initial public offerings and reverse mergers, as well as, obtaining additional capital through secondary offerings, private placements and debt offerings. Our experience with public companies include filings on the following forms: S-1, Form 10, 10-K, 10-Q, S-8, S-3, 8-K, 11-K, and Form-ADV.

 

Private Company Audit Services

All organizations, whether public, private, or not-for-profit need to prepare financial statements to provide fiscal accountability and accuracy to their stakeholders and management. Our audit and assurance services to privately held corporations encompass a broad range of industries and company size ranging from start-ups (pre-revenue) to multi-billion dollar businesses. An audit provides the highest level of assurance on a set of financial statements and are relied up by financial institutions and business owners alike. Many banking relationships require their customers to have their books and records audited by a reputable CPA firm, like RJI International. Our audits are performed in accordance with the latest auditing standards and our Firm is subject to “peer review” every third year. Over the years, we have received nine unqualified peer review reports.

 

Review Engagements

We conduct our review engagements in accordance with Statements on Standards for Accounting and Review Services issued by the AICPA. A review provides limited assurance that there are no material modifications that should be made to a company’s financial statements. This level of assurance is obtained by performing analytical procedures to management’s financial data and making inquiries of company management. A review is less in scope than an audit, the objective of which is the opinion regarding the financial statements as a whole. Many financial institutions require their customers to have their books and records reviewed by a reputable CPA firm, like RJI International.

Compilation Engagements

We conduct our compilation engagements in accordance with Statements on Standards for Accounting and Review Services issued by the AICPA. The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements. Many financial institutions require their customers to have their books and records compiled by a reputable CPA firm, like RJI International.

Agreed-Upon Procedures Engagements

We perform agreed-upon procedures engagements and issue reports on the findings which are based on the specific procedures performed. We evaluate the subject matter or assertion based on the specific needs and desires of our clients. The specific procedures to be performed are agreed-upon the by the specific parties, and may vary widely as to the nature, timing and extent. All agreed-upon procedures engagements are specific to each client.

Due Diligence (Mergers and Acquisitions) Engagements

We perform due diligence engagements for both buy-side and sell-side transactions. We have assisted numerous clients to position their company for a sale as part of the exit strategy. Similarly, we have assisted many clients in acquiring businesses. Our services include, but not limited to, financial due diligence, deal structuring, tax planning, financial planning, and consultation.

Internal Audit / Sarbanes-Oxley (SOX) 404 Engagements

Our services encompass outsourced or co-sourced internal audit services for both publicly traded and privately held businesses. We provide assistance in internal control documentation, risk assessment, process mapping, internal control testing and reporting. Depending on the nature of the engagement, we can even offer assistance in remediation activities.