Audit & Attest

With each engagement, our mindset is to deliver value beyond the completed financial statement or report. Throughout the process, our business-minded team shares perspective gained during the report process, including tax, operational, business and even estate planning concerns for business owners.
 
Our audit and attest practitioners proactively seek out and complete numerous hours of technical training and research annually, well beyond state licensing requirements, to maintain a command of the latest technical knowledge applicable to private companies. Our technical acumen has led to senior members of our team serving in prestigious national roles, such as on the AICPA’s Auditing Standards Board and its Technical Issues Committee. We put that knowledge and insight to work for private companies in all industries and of all sizes, including companies with over $1 billion in annual revenue. In addition to financial statement audits and reviews, we also perform various agreed-upon procedures and employee benefit plan audits.

 

Specialized Opportunities  

Agreed-Upon Procedures

There are many instances when a financial statement audit or review may not fit the end goal or just may not be necessary. Our audit and attest team regularly conducts agreed-upon procedures that can offer you additional assurance on a given project, yet allow flexibility as to the terms and scope of the procedures performed. We assist in determining the procedure(s) that best meets your needs and goals — and then work diligently to execute.

There are many instances when an audit, review or compilation may not fit the end goal or just may not be necessary. Our expert attest team regularly conducts agreed upon procedures (AUPs) that can offer you additional assurance on a given project, yet allow flexibility as to the terms and scope of the procedures performed. The AUP results in a report that management can use at its discretion for the business. We assist in determining the procedure(s) that best meets your needs and goals—and then work diligently to execute.

  

SSAE 16 Reports

As an independent auditor, Cohen & Company provides service organizations with a formal opinion and critical guidance on internal controls via a Statement on Standards for Attestation Engagements (SSAE) No. 16 report (formerly SAS 70). If your company is a service organization, an SSAE 16 audit report may be required or may help establish or reaffirm credibility with your clients. Specifically, we provide you with readiness assessments, as well as Type I Audits and the more in-depth Type II Audits for Service Organization Control Reports (SOC) 1 and 2 reports.