Changes at the SEC could make audits more frequent as the SEC began requiring advisers to implement formal compliance procedures and policies through the utilization of hired chief compliance officers. In light of this, an eight-page SEC document entitled “Examination Request List” surfaced, which describes the SEC’s extensive adviser audit program. In the aftermath of recent scandals, it appears that the SEC may require even more information to be included in future audits.
A CPA Auditor can help you when you find that your company is facing an SEC Audit and will make sure that financial statements are in accordance with SEC regulations. The two main qualities of a good audit assistance firm are; the diligence to prepare documentation prior to the audit in order to ensure that the audit and subsequent SEC filings are done in a timely and cost-efficient manner and a less-invasive approach to gathering information to make sure that there are minimal interruptions to your business.
With a good understanding of the SEC Audit process and acquiring the assistance of a good CPA Auditor, the audit process will allow your business to remain within SEC compliance and, in addition, inspire confidence in your clients.
SEC Audits & Public Company Services
SEC Audit and Related Professional Services
Sam Kan & Company (SKC) is currently one of the most progressive and fastest growing PCAOB registered SEC audit firms in the state of California. Our goal is to assist your organization with the requirements that have been government mandated, for public companies, in the form of mandatory SEC audits.
Companies that have chosen to access the public market, for the purposes of capital, have a greater economic advantage through their participation in one of the primary drivers of value creation and growth within the global economy. While the benefits that come with being a publicly held company may be quite rewarding, SEC rules and regulations, that these companies are subject to, can be quite daunting. Moreover, SEC compliance has entered a completely new area of complexity since the institution of the Sarbanes Oxley Act in 2002. As a result, the responsibilities and subsequent pressures associated with compliance in regards to corporate governance procedures and public company financial reporting practices have never been greater.
SKC has demonstrated an exceptional facility to assist public companies in facing this “new frontier”. Meeting the needs of public companies in this evolutionary cycle of compliance is the primary forte of our SEC audit firm. Since the passage of Sarbanes Oxley, we have solidified our knowledge base and have continually made the necessary adaptations that this currently changing statute is requiring. As our clients can attest to, we have consistently demonstrated the highest levels of professionalism, knowledge expertise and judgement that is absolutely necessary to completely understand regulatory authority compliance.
In addition to our hands-on experience, SKC maintains an up-to-date database consisting of the Public Company Accounting Oversight Board (PCAOB) auditing standards. SKC is registered with the PCAOB and is aware that, in the future, even more SEC compliance requirements are considered likely.
Sam Kan and Company’s SEC audit service packages will bring unrivaled experience and resources to bear on Sarbanes-Oxley compliance issues through the creation of solutions that will dramatically reduce resource-draining and time-consuming components of Sarbanes Oxley. We want you to run your business unhindered while we protect your interests to the fullest extent allowed by law.
