CFO Consulting Partners’ SEC and pre-audit services help public and private companies produce workpapers and a full set of GAAP financial statements, including notes, for review by its independent auditors. Workpapers are cross-referenced and references are made to supporting documentation. For public companies, CFO Consulting Partners offers SEC report preparation services (i.e., 10-Qs and 10-Ks, including MD&As).
Typically in an SEC and Pre-Audit engagement we:
- Prepare or assist in preparing a full set of GAAP financial statements, including notes, and if applicable, the MD&A section
- Research GAAP and disclosure issues and the application of accounting principles to a company’s facts and circumstances
- For public companies, draft Form 10-Ks, 10-Qs, registration statements and proxy reports
- Provide support related to SEC Comment Letters
- Restate financial statements for prior period errors
- Assist with preparing delinquent SEC filings
- Assure a high level of quality control, as all engagements are reviewed by another partner
Benefits include:
- Potential cost savings due to lower staffing needs or lower outside accounting fees
- More available time for CFOs and Controllers to focus on internal company needs
- Provision of accounting research. Many accounting firms do not provide this service to their audit clients due to independence issues
- Development of accounting analyses, such as goodwill impairment, fair value accounting and IFRS reporting
- Resource to answer SEC and auditor comments
