Audits are an essential part of ensuring the financial health and compliance of organizations. At Withum, our audit approach combines a strategic understanding of today’s competitive business environment and our experience in evaluating the business risks you face on a daily basis. Our goal is to provide the maximum return on your investment through an in-depth analysis of your financial statements, internal controls, and overall business strategies, goals and objectives. We utilize state-of-the-art audit tools that integrate our understanding of your business risks and internal controls. These tools allow our auditors to use that information to design an effective and efficient audit.
Withum has extensive experience providing audit services for various organizations, including private companies, public companies, governmental and not-for-profit organizations. Our team can also assist in the following specialty areas:
We understand the nuances of international accounting standards, whether financial reporting is required under international financial reporting standards (“IFRS”) or specific local or statutory accounting guidelines. Our team is experienced in converting international accounting standards to accounting standards generally accepted in the United States when consolidation of foreign subsidiaries is required.
International AccountingThe SEC Compliance and Reporting team will provide you with the expertise, manpower and efficiency you need to be in a position of strength. Withum is among the firms nationwide that are required to meet the highest level of quality standards within our industry to comply with the Board’s requirements and inspection process.
SEC Compliance and ReportingCompanies choose Withum for our experience and expertise with employee benefit plan audits, providing accounting and auditing services to new and established 401(k), 403(b), employee stock ownership plans (ESOP), pension, profit sharing and health and welfare plans ranging in size and scope from 100 to 600,000 participants.
Employee Benefit Plan Audits
As your SportsTech business grows, financial transparency is key. Whether you’re getting ready for an audit, planning an acquisition, or considering an IPO, it’s important to have strong financial systems. We’ve created an Audit Readiness Checklist for SportsTech Finance Teams to help guide you through every stage of growth. Audit Readiness Checklist for SportsTech Finance…
As e-commerce businesses scale, financial transparency becomes essential. Whether you’re preparing for an external audit, a strategic acquisition, or an IPO, having the right financial infrastructure in place is critical. That’s why we have developed a comprehensive Audit Readiness Checklist for E-Commerce Finance Teams, designed to guide you through every stage of growth. Audit Readiness…
In 2024, the Financial Accounting Standards Board (the “FASB”) released updated guidance for the treatment of profits interest awards as part of Accounting Standards Update (“ASU”) 2024-01. That update is now effective for public business entities for annual and interim reporting periods beginning after December 15, 2024. The new guidance will be effective for all…
For more information or to discuss your business needs, please connect with a member of our team.