Public Company Accounting Services

Publicly held companies – and those planning public offerings – need specialized audit and accounting expertise from seasoned practitioners who truly understand the landscape and produce successful outcomes. Friedman helps small and mid-size public companies negotiate the maze of assurance, regulatory and transactional demands. We provide steady guidance, premier service and timely execution at every turn.

Compliance and transactional requirements in the public space are complex, often high-stakes endeavors. Friedman’s experienced Public Company Audit and Accounting team manages the full spectrum of accounting and audit work for clients throughout each engagement, from inception through completion.

Registered with the Public Company Accounting Oversight Board (PCAOB), we’re ranked among the top firms serving U.S., China-based and other foreign SEC registrant companies. The reasons are clear:

• Understanding your perspective – our people have worked for years in public and private sector organizations.
• Proven experience resolving complex SEC matters.
• Ideal size, structure and reach, which enables direct access to partners so you get the answers – and the results – you need.
• A firm wide commitment to helping you stay compliant and informed.

Whatever your public audit or accounting challenge may be, we promise a personalized, hands-on, no-red-tape and fully accountable approach to get you over the finish line.

Read more about our China practice.

For more information on our Public Company Accounting services, connect with a member of the team or contact us.

Choose from a full spectrum of services to satisfy your needs:

Compliance services

• Financial statement audits and interim reviews (including IFRS)
• Attestation or assistance with SOX 404
• Service Organization Control (SOC) Reports (formerly SAS 70 Reports)
• SEC Filings (domestic and foreign)
• Tax compliance and consulting
• Assistance in communicating and responding to regulatory agencies’ queries
• Regulation A Offerings

Transactional expertise

• IPOs
• M&A due diligence
• PIPEs
• Reverse Mergers
• Roll-ups
• Secondary Public Offerings
• SPACs
• Spin-offs

Case Study

The Challenge

This publicly held company was attempting to recover from bankruptcy. It had complex accounting issues, a significant investment in a foreign affiliate (which did not produce timely financial information) and management that was hesitant to provide supporting documentation for fear of not being in compliance with SOX. On the other hand, management realized that they were faced with the impending loss of significant investor dollars if the company was not timely with filing and reporting deadlines. Friedman replaced a "Big 4" accounting firm in December and faced the challenge of meeting reporting deadlines with very little time to gather an understanding of the business and transaction flow of an accelerated filer.

The Solution

Friedman understood the challenges facing the company but was confident that we could get the job done. Through a Herculean effort, after the client obtained a one-month extension in the filing and reporting requirement, and after 4,000 billable hours, we assisted the client in meeting its deadline. Management was then able to focus on growing the company, raising the capital it needed, completing future acquisitions and continuing to operate successfully.