PCAOB-Image (1)CRI delivers value by driving independence and objectivity to the intersection of management needs and the public interest.

CRI serves as the independent auditor of record for micro- and mid-cap public companies in a wide range of industries. We have in-depth experience with construction, financial services (banks and insurance), healthcare, manufacturing and distribution, and utility companies. We are also registered with the PCAOB, which oversees and monitors CPA firms providing audit services to SEC Registrants and Issuers.

Client engagement and collaboration. Three parties (the audit committee, management, and CRI) are operating in an increasingly complex environment and must work in concert to develop a comprehensive yet efficient audit plan to objectively assess and reduce risk while meeting regulatory guidelines. The labyrinth of reporting and compliance requirements that impact audit committee members and management is often time-consuming and overwhelming. CRI utilizes experience and understanding to deliver straightforward advice that cuts through the clutter. We know that the best working relationships come down to our people translating expertise into proactive solutions through continuous, “plain English” dialogue.

Resources. With offices across 25+ markets and support from PrimeGlobal, our international alliance of independent accounting firms, we stand ready to meet your needs and provide insights to improve your processes and bottom line. The CRI team includes auditors, tax professionals, IT consultants, forensic accountants, and business advisors with thorough knowledge of SEC and Public Company Accounting Oversight Board (PCAOB) rules and regulations. We blend technical skills, industry-specific skills, and years of experience while providing the highest quality of service and advice.

Assistance. Whether you’re pre-IPO, a periodic reporter, or evaluating a potential transaction, we can help your team throughout your business’ lifecycle with services such as acquisition audits, form filings (e.g., annual 10Ks and 11Ks, quarterly 10Qs, periodic 8ks), initial public offerings (IPOs), internal audit co/out-sourcing, registration statements, and Sarbanes-Oxley (SOX) 404 compliance.

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Straight Talk  

Translating technical jargon into a plain English “text.”
Explain how you balance our charge to employ you with your job of getting the information from management to do your part.
We start with an understanding of your concerns and goals. Then, we develop a plan to test the company’s financials with those in mind. Simultaneously, we have to be aware of management’s role since they maintain the data and information. Therefore, we consider their responsibilities and other duties so that we don’t overwhelm them.
Will you share the plan with us and management?
We meet with you and management on both a quarterly and annual basis to provide feedback. Once a year (more frequently if needed or requested), we share the audit plan with the committee and/or management.
If management knows the plan, then can’t they work around it?
We incorporate an element of unpredictability (or surprise tests) into each annual plan.
It sounds like your approach is a good balance.
The SEC and FASB keep putting out these complex rules, and it’s hard for us to keep up. But I read that you can’t help us implement rules and heard other CFOs at a conference last month complaining that their auditors said that was true. I feel like I am on an island.
Well, we are supposed to be objective and independent, but the SEC has also stated that engaging the auditor early in the decision process is a healthy part of the process.
That sounds confusing. How can you help yet stay objective?
It starts with understanding your business and the rules. Then we have an open dialogue with you and your team about the different treatments and interpretations. We discuss the pros and cons of each. After providing the insights and experience to help guide you, we step back and let your team make the decisions. While we can’t make decisions, we are available for further consultation and advice.
So, I’m not really on my own?
We’re always available as an objective advisor ready to help.
It’s comforting to know that I’m not alone in a room full of these complex rules.

Client SNAPshot

CLIENT:Lender to construction industry.
SCOPE:Comprehensive suite of engagements (initial public offering (IPO), periodic reporting to-date, and a secondary offering) across first 3.5 years of business.
PROJECTS:CRI assisted client through IPO process, ensuring regulatory compliance and proactively planning for future offerings.
RETURNS:Public company has grown 3x original revenue in first 3.5 years of business.
3x Original Revenue



Solutions Simplified 

Down-to-earth descriptions of our services.

Initial & Secondary Public Offerings

IPOs and other registration statements may require any combination of audited historical financial statements, reviewed interim financial statements, up-to-date disclosures, and/or compliance with SOX. In addition to those items, the underwriters may request the issuance of comfort letters. CRI delivers experience in IPOs, as well as secondary offerings.

PCAOB Audits

Not all audits are the same. Audits under the PCAOB’s standards have their own rules that are different from auditing standards generally accepted in the United States. As a PCAOB-registered firm, we provide training and education to our teams to stay abreast of the latest PCAOB rules. View our latest PCAOB Inspection Report.

Periodic Filing Requirements

CRI’s SEC team assists in the preparation of annual and quarterly reports to meet periodic filings requirements of the 1934 Act. By asking the right questions and engaging in educated dialogue with clients, CRI provides significant value and responsiveness in the preparation of periodic filings.

SEC Compliance

New accounting standards and SEC interpretations are issued all the time, and it’s especially difficult for smaller reporting companies to keep up. Therefore, it’s important to engage experienced, knowledgeable CPAs and/or external auditors to serve your team.