Public Company Accounting Services

Comprehensive assurance for life in the public eye.

Overview

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 accounting 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.

Service Menu

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

Client Success

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.

Insights & Events

August 17, 2021 SNN Network Summer Virtual Event
Friedman is proud to sponsor the SNN Network Summer Virtual Event. SNN Network brings together the most promising companies and the top dealmakers in...
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June 16, 2021 SPAC IPO Market Slowly Resurfaces With Play-it-Safe Accounting
Michael Cohen, Partner and member of Friedman’s Public Company Accounting Services Group, recently shared his insights with Bloomberg Tax on the classification...
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May 19, 2021 Sidoti Virtual Microcap Conference
Friedman LLP is a proud sponsor of the Sidoti Virtual Microcap Conference. For over two decades, Sidoti has been a premier provider of independent...
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May 4, 2021 SEC's Latest Guidance Likely To Further Slow SPAC Market
Last month, the Securities and Exchange Commission (“SEC”) released new guidance for the treatment of warrants issued by SPACs. With the blank-check...
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June 16, 2021 SPAC IPO Market Slowly Resurfaces With Play-it-Safe Accounting
Michael Cohen, Partner and member of Friedman’s Public Company Accounting Services Group, recently shared his insights with Bloomberg Tax on the classification...
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May 4, 2021 SEC's Latest Guidance Likely To Further Slow SPAC Market
Last month, the Securities and Exchange Commission (“SEC”) released new guidance for the treatment of warrants issued by SPACs. With the blank-check...
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April 29, 2021 Accounting Treatment for Warrants Issued by SPACs
On Thursday, April 12th, the Securities and Exchange Commission (“SEC”) published Staff Statement on Accounting and Reporting Considerations for Warrants...
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April 21, 2021 [Webinar Recording]: Exploring Public Companies from All Angles
Our esteemed speakers will share important trends in the public company space to help you confidently plan through 2021....
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April 5, 2021 Congratulations to Doug Heun on His Retirement from the Accounting Profession
With pride for his many accomplishments and sorrow for his departure, we have the bittersweet duty to announce the retirement...
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March 11, 2021 Friedman LLP is excited to announce a 2021 partnership with Sidoti and Company, LLC
Friedman is excited to announce that our Public Company Services Practice will be sponsoring six Sidoti and Company, LLC investor conferences in 2021 and...
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February 25, 2021 Outlook From the Inside: Protecting Your Public Company From Cyber Threats
The global shift to a remote workforce has illuminated cracks in many public companies' cybersecurity postures. Michael Cohen sat with cyber expert,...
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February 17, 2021 Meeting The SEC Cybersecurity Disclosure Requirement Through Risk Management and NIST
In today’s digital world there is hardly an organization that does not depend on data or technology for its continued...
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February 12, 2021 Friedman Sponsors Planet MicroCap Podcasts
Friedman is proud to sponsor the February and March episodes of Planet MicroCap Podcast! All podcasts will be posted on the...
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February 12, 2021 COVID-19's Impact on Financial Statements & Reporting
In this exclusive "Meeting of the Michaels," both sat down to discuss COVID-19’s impact on financial statements and reporting. Learn about...
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January 8, 2021 Virtual Panel: Going Public in the US from an Accounting Perspective
Tune in to a lively conversation, including Friedman's Neil Levine and Brian Kearns as they walk you through the intricacies involved...
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December 15, 2020 [Webinar] Examining 2021 from All Angles: Public Company Outlook
Access this exclusive webinar where industry experts in the accounting, legal and consulting field will discuss key items for public companies...
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December 9, 2020 Neil Levine Named to Friedman LLP Management Committee
Friedman LLP, a top-40 accounting and advisory firm, has added Neil Levine, partner and co-leader of the Public Company Services practice,...
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November 30, 2020 What Public Companies Need to Know About CAMs
Three years after the Public Company Accounting Oversight Board’s (PCAOB) new auditing standard on the auditor’s reporting model became effective...
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November 23, 2020 [WEBINAR] Access the 2020 Sidoti Event Recording
As most of you are aware, the incoming Biden administration has put forth a tax plan that could have meaningful...
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November 6, 2020 Blank-Check IPO Mania May Have Hit Its Peak
Michael Cohen, Partner and member of Friedman’s Public Company Accounting Services Group, recently shared his insights with Law360 on the...
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October 13, 2020 Regulators Are Keeping A Close Eye On SPAC Disclosures
Michael Cohen, Partner and member of Friedman’s Public Company Accounting Services Group, shared his insights with Law360 on SPAC Disclosures and...
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September 16, 2020 SPACs, IPOs – What to Know About Going Public
Special Purpose Acquisition Companies ("SPAC") are companies created solely for the purpose of raising capital via Initial Public Offerings (“IPO”)...
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July 20, 2020 SEC Staff Provides Guidance on COVID-19-Related Disclosures
While you are busy working on your filings, remember that the Securities and Exchange Commission (SEC) staff provided new guidance...
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June 25, 2020 The Impact of COVID-19 on Financial Reporting Trends
The COVID-19 pandemic has rapidly impacted companies in unprecedented ways and given rise to extraordinary economic and commercial uncertainty. Given...
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April 6, 2020 How the CARES Act Impacts Accounting for Income Taxes in Financial Statements
The CARES Act was designed to offer relief to business owners, keep businesses open and support their ability to meet...
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March 31, 2020 SEC Amendments and Updates Relating to COVID-19
This short summary provides a recap of some additional U.S. Securities and Exchange Commission (SEC) announcements during the month of...
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March 11, 2020 SEC Order Offers 45-Day Extension for Companies Affected by Coronavirus
On March 4, 2020, the SEC announced the availability of conditional relief for publicly traded companies, including U.S. companies, with...
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March 4, 2020 Friedman Joins Client Beyond Air at Closing Bell Ceremony
Friedman congratulates our client Beyond Air, Inc. ("Beyond Air") and was honored to join the company on its NASDAQ closing bell...
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November 13, 2019 Recently Issued Accounting Standards: Staying Current and Ensuring Accurate Disclosures
As year-end approaches, calendar-year public companies are gearing up to prepare annual financial statements that will be included in their...
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September 10, 2019 How New Standards Will Affect Your Company's Future Audit Reports
There are significant changes coming to the audit reports of most public business entities. The new auditor reporting standard adopted...
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August 20, 2019 RCI Names Friedman LLP as Auditor
We are pleased to announce that effective August 12, 2019 Friedman LLP was appointed to be RCI Hospitality Holdings, Inc.’s...
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June 17, 2019 Ask the CPA - Shaji Varghese
In this edition of "Ask the CPA," Shaji Varghese, Partner in our Public Company Services Group shares how the SEC's changes...
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May 29, 2019 U.S. Issues Regulations on Base Erosion and Anti-Abuse Tax
On December 13, 2018, the Internal Revenue Service (the “IRS”) and the Treasury Department issued proposed regulations (the “Proposed Regulations”)...
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August 1, 2017 What You Need to Know - ASU 2017-11
The Financial Accounting Standards Board (“FASB”) recently announced an important Accounting Standards Update that affects all entities that issue equity-linked...
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January 4, 2017 Going Concern Assessments – Implementation Requirements are Rapidly Approaching
Should you be concerned with your “Going Concern” assessment? As a new accounting standards update takes effect, now is the...
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February 23, 2016 Upcoming Changes to Licensing Revenue Recognition
Standards for revenue recognition, historically, have varied among industries. The FASB has undertaken the enormous task of simplifying the standards...
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February 23, 2016 That’s Material?
This year may see a new definition for an old concept: Materiality. The parameters around what constitutes a material disclosure...
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January 5, 2016 Auditing World Braces: More ICFR Attention, Big Rule Changes
The full-court press on internal controls and related documentation will not let up in 2016, although companies will have to...
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October 7, 2015 Directors and Officers in the Firing Line
On September 9, 2015, the DOJ released a game-changing memorandum (“Yates Memo”) to prosecutors nationwide, with a stated goal of...
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May 5, 2014 SEC Impact: Development Stage Entities
The Financial Accounting Standards Board (FASB) is drafting an Accounting Standards Update (ASU) which would eliminate the concept of a development stage entity along with the special disclosures required for such entities under accounting principles generally accepted in the United States of America (U.S. GAAP). The final ASU is expected to be voted on by written ballot later this year.
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September 4, 2013 SEC's Conflict Mineral Rule: The Time to Act is NOW
Section 1502 of the Dodd-Frank Act (the "Act"), passed by Congress in 2010, directed the SEC to issue rules requiring certain companies to disclose their use of so called "conflict minerals"...
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July 1, 2013 SEC Impact: A History of The Foreign Corrupt Practices Act (FCPA)
This article was originally published in the July 2013 issue of SEC Impact
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How COVID-19 Affects Financial Reporting
With the coronavirus pandemic affecting all aspects of life, business leaders should be prepared for the impact it will have...
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August 17, 2021 SNN Network Summer Virtual Event
Friedman is proud to sponsor the SNN Network Summer Virtual Event. SNN Network brings together the most promising companies and the top dealmakers in...
Read more
May 19, 2021 Sidoti Virtual Microcap Conference
Friedman LLP is a proud sponsor of the Sidoti Virtual Microcap Conference. For over two decades, Sidoti has been a premier provider of independent...
Read more
April 20, 2021 Planet MicroCap Showcase
Friedman’s Public Company Practice was proud to be the premier sponsor for the 2021 Planet MicroCap Showcase Virtual Event. Watch a...
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April 20, 2021 Exploring Public Companies from All Angles
Tune in to this quarterly webinar where industry experts in the accounting, legal and consulting fields discuss key items for...
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March 16, 2021 Oppenheimer Healthcare Conference
Friedman is a proud sponsor of Oppenheimer's 31st Annual Healthcare Conference. This conference will provide investors a broad spectrum of public and...
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March 15, 2021 ROTH 33rd (Virtual) Annual Conference
Friedman’s Public Company Practice is a proud sponsor of another year of ROTH’s annual conference. This conference is the “must...
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January 6, 2021 Friedman to Sponsor SNN Network Canada Virtual Event
Friedman is proud to announce a premier sponsorship with SNN Network Canada Virtual Event taking place on January 6 and...
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September 21, 2020 Oppenheimer Healthcare Fall Summit
Friedman is excited to participate in the virtual Fall Oppenheimer Healthcare Life Sciences and Med Tech Summit! To learn more, click here!...
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April 21, 2020 Planet Microcap Showcase Virtual Investor Conference 2020
Friedman is proud to be a sponsor of the 2020 Planet MicroCap Showcase Virtual Investor Conference! Virtual keynotes and panels will...
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September 8, 2019 21st Annual Global Investment Conference
We are proud to be a bronze sponsor at this year's Rodman & Renshaw 21st Annual Global Investment Conference. This conference brings together...
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March 17, 2019 ROTH 2019
Friedman is proud to be a sponsor of ROTH 2019! The conference brings together executives from over 500 companies, as one...
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September 5, 2018 Friedman LLP is a Proud Sponsor of Media Day at Continental Stock Transfer & Trust Company!
Participate in a complimentary SNNLive Video Interview with StockNewsNow.com—the official Microcap news Source. Shelly Kraft, a seasoned Wall Street veteran...
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September 4, 2018 20th Annual Global investment Conference Sponsored by H.C. Wainwright in New York City
Friedman is a proud sponsor of the 20th Annual Global Investment Conference sponsored by H.C. Wainwright in New York City....
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April 24, 2018 Planet MicroCap Showcase | April 24-26
Friedman LLP will be a premier sponsor at the Planet MicroCap Showcase in Las Vegas. The Planet MicroCap Showcase brings...
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March 11, 2018 30th Annual Roth Conference
Friedman LLP's SEC Services Group is proud to sponsor the 30th Annual ROTH Conference in Dana Point, CA. The conference...
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May 22, 2017 Consensus 2017 | May 22-24
Friedman LLP will sponsor Consensus 2017 presented by CoinDesk from May 22-24 at the New York Marriot Marquis. The 3rd...
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May 2, 2017 Pioneers 2017 | May 2
Friedman LLP will be a silver sponsor at the 2017 Pioneers Conference organized by Joseph Gunnar & Co., LLC. The...
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April 26, 2017 Planet MicroCap Showcase | April 26-28
Friedman LLP will be a premier sponsor at the Planet MicroCap Showcase in Las Vegas. The Planet MicroCap Showcase brings...
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March 8, 2015 Friedman LLP Sponsors the 27th Annual ROTH Conference
Friedman LLP's SEC Services Group is proud to sponsor the 27th Annual ROTH Conference, taking place March 8-11, 2015, in Dana Point, CA.
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