WS+B Services

Accounting + Assurance Services

About Our Services

As a leading accounting, auditing and consulting firm, WithumSmith+Brown, PC, (WS+B) has been providing quality service and innovative solutions to clients for over 35 years. Clients know they can trust WS+B's highly-skilled professionals whose expertise in accounting and auditing has repeatedly assisted businesses in realizing their full potential. Being PCAOB certified, WS+B audits both public and private companies. Our Accounting and Auditing Services Group has helped to put countless companies and individuals BE IN A POSITION OF STRENGTHSM.

SIMPLIFYING U.S. GAAP FOR PRIVATE COMPANIES: CURRENT DEVELOPMENTS

SIMPLIFYING U.S. GAAP FOR PRIVATE COMPANIES

Increasing complexity in accounting standards, and its associated cost of compliance, is painfully obvious to private industry financial management and their accounting and auditing providers. There are two separate efforts underway to simplify GAAP for private companies, one led by the AICPA, the other by the FASB. Both intend to provide relief and alternatives to private businesses struggling with the cost and complexity of applying current US GAAP. Neither are mandatory. Is one the right fit for your business?

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