At KRMT, we are committed to delivering independent, effective and comprehensive assurance services. Our focus on quality helps ensure that our clients' financial statements meet the regulatory and business requirements under which they function.
Public companies have always been faced with the daunting task of understanding the complex volume of SEC rules and other reporting requirements. We actively work with our clients to help them remain abreast of these ever-changing rules. This assistance includes technical presentations to management and audit committees, and working meetings to consider implementation approaches and timetables. We can also help companies form and maintain effective audit committees and set appropriate agendas for their ongoing activities.
Audits, Reviews & Compilations
At KRMT, we believe that high-quality assurance services are essential to the growth of financial markets. With that goal in mind, KRMT has renewed our pledge to maintain the integrity of our audit process. Our professionals are highly sensitized to the need to maintain objectivity and independence. Moreover, our audit teams are led by shareholders who are heavily involved in the engagements. Our engagement teams are staffed by individuals with the appropriate level of skill and knowledge of our clients' businesses. Each has a high level of independent technical oversight.
Our engagements are conducted in strict compliance with Auditing Standards Generally Accepted in the United States of America as required by the American Institute of CPA’s.
We recognize the benefits of a planned, proactive approach. In that regard, we identify possible areas of risk that might require special attention. This advance planning also typically results in a more efficient audit process.
Agreed Upon Procedures
KRMT can provide a customized engagement for situations that do not specifically require a compilation, review or an audit. This type of agreed-upon procedures engagement (AUP) is usually applied to financial reporting process and controls and to historical financial information.
AUP engagements are conducted in accordance with American Institute of Certified Public Accountants (AICPA) standards.
SEC Compliance
SEC-registered companies often find that the sheer volume of SEC and PCAOB rules and numerous unpublished administrative positions give rise to many complex issues and questions. KRMT has committed substantial resources to help our clients find workable options to those complex problems, reduce their filing costs, and expedite filings. Our utilization of all BDO Professional Practice resources is an extremely valuable resource for our publicly traded clients.
Sarbanes-Oxley
Public companies have always been faced with the daunting task of understanding the complex volume of SEC rules and numerous unpublished positions. This has been magnified significantly with the passage of the Sarbanes-Oxley Act of 2002 and related SEC rulemaking.
KRMT takes an active role in working with clients to help them implement these new rules. Such assistance can include presentations to management and audit committees, working meetings to consider implementation approaches and timetables, and technical training for audit committee members.
