FCS goes beyond the numbers, providing expertise in all phases of accounting, financial reporting, and pre-audit services within a framework of solid financial knowledge and exceptional experience. We do everything from getting financial records in order before an important audit to preparing for an acquisition or merger to stepping in as de facto CFO. Our level of financial competence provides an opportunity for CEOs and CFOs to focus on what they do best: running their business.
Reporting regulations and accounting standards are constantly evolving. FCS professionals are up to date on all recent reporting literature and stand ready to help clients comply with the ever-increasing volume of complex accounting and reporting requirements, including Sarbanes-Oxley.
We assist public companies in the preparation and/or review of regulatory filings, such as Forms 10-K and 10-Q, as well as initial or securities registration filings, such as Forms 10 or S-1. We are aware of the latest XBRL (interactive data file) standards and assist our clients in complying with these SEC requirements. We ensure that all regulations are met and that all necessary disclosures are included.
FCS also helps private companies with the preparation of financial reports for management, investors, financial institutions, or other third parties.
Being prepared is the key to a cost-effective, efficient audit process. FCS’ pre-audit services ensure that our clients are truly prepared for an audit. We take the lead in managing and organizing the pre-audit and audit process from start to finish.
Being prepared means:
- we identify and address technical accounting and auditing issues;
- we review and/or prepare schedules and calculations requested by the auditors;
- we research and implement complex accounting standards pursuant to SEC regulations and generally accepted accounting principles (U.S. GAAP);
- we resolve complicated accounting issues and transactions.
Our expertise in audit requirements and our experience in audit preparation enables us to streamline the audit process, saving our clients time and money.
Initial Registration and APO Transactions
FCS professionals have the knowledge and experience to guide private operating companies along their paths to becoming public reporting companies. Our experts lead clients through the preparation and completion of regulatory filings, whether the path is an alternative public offering with a public shell company, an initial public offering, or the initial registration of a publicly traded company. We can also guide companies in navigating through complex accounting transactions and managing their audits and quarterly reviews as a public company through our pre-audit services.
Due Diligence and Merger Services
FCS assists companies in the evaluation of potential transactions, including mergers, acquisitions, and joint ventures. We perform due diligence to evaluate accounting and tax records, identify risks, and objectively assess the financial condition and trends associated with the target business, enabling our clients to make informed strategic decisions. Once clients are ready to acquire a target business, we can assist with developing financial models, the valuation, and the accounting for the acquisition or merger. Through our pre-audit services, we can help ensure that an acquisition target is auditable.