Accounting and Auditing Services
Our approach to accounting and auditing exemplifies our core values of integrity, teamwork and communication.
Accounting Services
The professionals at Armao, Costa & Ricciardi, CPAs, P.C., are accounting specialists who are masters at providing strategic business advice, helping our clients improve their business results, save taxes, meet compliance requirements, improve efficiency and enhance profit. We go well beyond basic accountancy to the nuts and bolts of our clients’ financial futures.
Our business relationships are founded on making the complex processes understandable, from financial statements to the development of budgets to forecasting to other management decisions. We recognize that businesses at all stages of their development have differing requirements for advice and accounting services. Our expertise spans the early stages of fledgling companies to long-standing and established businesses.
Audit & Assurance
The professionals at Armao, Costa & Ricciardi, CPAs, P.C., approach audit and assurance engagements from an inclusive perspective; we know that businesses require far more from their auditors than the statutory audit. Our services are based on relationships and a thorough knowledge of each client’s business entity and industry. We gain a meticulous understanding by gathering input from partners and senior staff, taking a team approach to the work and ensuring continuity of staffing.
Our assurance services (also known as auditing) will satisfy stakeholders that financial controls are in place to safeguard the business and will reassure management that they are making decisions based on reliable information. We conduct regular reviews of our audit processes to ensure best practices, while providing the most cost effective procedures, which includes the use of the latest audit software.
Payroll Audits
The professionals at Armao, Costa & Ricciardi, CPAs, P.C., who conduct payroll audits comprise a practice group dedicated to providing tax, audit and financial reporting for clients that include labor unions, privately owned businesses and not-for-profit organizations. The audit can be conducted for a variety of reasons, ranging from the necessity to confirm internally that payroll information is correct to an inspection ensuring that records are accurate and well kept to identifying problems before they come up on an external audit.
Our Accounting and Audit services include:
- Agreed-upon procedures reports
- Compiled or examined financial projections and forecasts
- Compliance reports on laws, regulations and contracts
- Implementation of new accounting pronouncements
- Internal control design and review
- Reporting on audited, reviewed and compiled Financial Statements\
- Reporting on existing internal controls
- Specific transactional assistance
- Reporting on specified elements, accounts or Items of a Financial Statement