At KatzAbosch, while we acknowledge that culture and “fit” are of a primary importance, we also understand that the success or failure of a business acquisition can come down to whether or not proper financial and accounting due diligence was conducted. In assisting our clients with an acquisition, we focus our attention not just on analyzing the target company’s financial statements, but also on uncovering relevant information behind the financial statements. We also understand that, in performing due diligence services, time is of the absolute essence.
Regulators’ attention and analysis of employee benefit plans continue to increase. Our audit consulting services team has specialized professionals whose training allows them to understand the regulations of the DOL (Department of Labor) and IRS (Internal Revenue Service). This knowledge of government agency policies and procedures makes them an invaluable addition to our accounting services team.
Our team of auditors will provide assurance that financial statements are fairly presented in all material respects in accordance with generally accepted accounting principles GAAP (or other basis of accounting). An extensive knowledge of the industry is very important when auditing a company’s financial statements.
One of the most effective ways to prevent fraud is implementation of strong internal controls including an effective segregation of duties. Internal controls as related to fraud are the measures, policies, and procedures a company puts in place to safeguard assets and ensure the reliability of accounting data.
When the accounting services you require are regarding specific accounts or procedures we help get the job done quickly and efficiently using mutually agreed-upon procedures.
