Our Audit Approach
MSPC offers a personalized audit approach with an emphasis on early planning and knowing how your business functions. This enables us to identify important audit components and tailor our procedures to the unique aspects of your business. The benefit to you is a useful, cost efficient, independent audit, performed in a timely manner by experienced professionals.
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For further information contact Michael Pescatore
COST EFFICIENT, INDEPENDENT AUDITS
Our Accounting & Audit Services
- Audits, Reviews and Compilations of Financial Statements
- Bookkeeping
- Employee Benefit Plan Audits, Filings and DOL/IRS Compliance
- Estate and Trust Accounting and Administration
- 401(K) Plan Audits
- Initial Public Offerings
- SEC Audits and Filings
ASC 842 (Leases): Fact Sheet
On February 25, 2016 the Financial Accounting Standards Board of the United States (FASB) issued substantial new guidance on the treatment of leases for both lessees and lessors. We've created a Fact Sheet to help you better understand these changes.
ASC 606 (Revenue Recognition): Fact Sheet
On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606). The standard eliminates the transaction- and industry-specific revenue recognition guidance under current accounting principles generally accepted in the United States of America (GAAP) and replaces it with a principle-based approach for recognizing revenue. We've created a Fact Sheet to help you better understand these changes.
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