AUDIT, ASSURANCE, AND ACCOUNTING SERVICES:

We live in a complex politically influenced economic environment.  Businesses are challenged more than ever with local and national regulatory complexities.  The market provides more options than ever for businesses making it all the more critical for SMC’s team of professionals to deliver quality outcomes with trust at the core of all we do.  

At SMC, we are well adept at identifying the needs of businesses and stakeholders on how to best navigate the “waters of change” and how to best be prepared to meet these demands.  As we continue to evolve in the digital world with technologies advancing at “lightning speed”, we understand how to prepare for the complexities and changes in regulations and how they are and will continue to be key factors in business functions and performance.

Our audit, assurance, and accounting services include:

• Independent audits of financial statements in accordance with generally accepted auditing standards
• Independent reviews of both personal as well as business financial statements
• Compilations of both personal and business financial statements
• Preparations of both personal and business financial statements
• Reports based upon Agreed Upon Procedures
• Audits of employee benefit plans, such as 401(K) plans
• Reviews of internal controls and accounting procedures
• Preparation of supplementary financial and operating information to management

SMC is also a registered public accounting firm with the Public Company Accounting Oversight Board (PCAOB). We have extensive experience in providing audit and related services to public companies, including the following:

• Independent audits of financial statements in accordance with PCAOB auditing standards and review of the Form 10-K
• Quarterly reviews of interim financial statements and review of the Form 10-Q
• Review of registration statements and comfort letters to underwriters
• Review of other SEC filings

Our PCAOB registration provides us with a specialized ability to assist privately held companies that may be seeking to go public in the future. We have worked with many companies that went public either through an initial public offering or a reverse merger.

We also have extensive experience in providing analyzing complex accounting matters that affect both our public and privately held clients, including the following:

• Revenue recognition
• Leases
• Business combinations
• Stock-based compensation
• Debt and equity financing agreements
• Consolidations
• Variable interest entities