Accounting & AUDITING

FOR THE FUTURE

ACCOUNTING & AUDITING

Our Accounting and Auditing services begin with building strong client relationships based on understanding and trust, and result in the delivery of accurate, timely, and meaningful financial information for your business.

SAX utilizes state-of-the-art auditing and accounting procedures and tools, including risk-assessment evaluations, auditing software, and tax return integration. As your business advisor, we follow the latest and best practices, and proactively seek out areas of
non-compliance and risk that we can help address.

Our fieldwork is performed as unobtrusively as possible, preceded by a thorough planning process that includes staff scheduling and document requests to prepare the client for the significant amount of work that takes place in their offices.

Agreed Upon Procedures
Employee Benefit Plan Audits
Financial Statements
Internal Controls Studies & Analysis

Service leader

Albert Traverso, CPA

Parsippany, NJ
973.472.6250
atraverso@saxadvisorygroup.com

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Our Advisors

Agreed Upon Procedures

SAX Advisors offer tailored, impartial reporting through pre-defined agreed-upon procedures (AUPs), which we establish in collaboration with you.

Our reporting scope is flexible to suit your needs, and we refrain from making formal conclusions. Instead, we serve as diligent fact-finders to address your business concerns, facilitating informed decision-making and valuable insights without necessitating extensive involvement.

Within our AUP engagements, we target specific financial and non-financial data, encompassing tasks such as analyzing financial records, assessing operational efficiencies, evaluating internal controls, conducting due diligence, ensuring compliance, and reviewing projections and forecasts.

CONTACT SAX’S AUP ADVISORS

Employee Benefit Plan Audits

We offer comprehensive services for employee benefit plans, including audit, tax, and advisory services.

Our expert team ensures compliance with regulatory requirements and assists with plan design, administration, and taxation complexities. As members of AICPA’s Employee Benefit Audit Quality Center, we have strong relationships with regulatory bodies and access to the latest resources and best practices, enabling us to help clients effectively fulfill their fiduciary responsibilities.

CONTACT SAX’S EPB ADVISORS

service leader

Jennifer L. Moroz, CPA

Parsippany, NJ
973.472.6250
jmoroz@saxadvisorygroup.com

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Our Advisors

Financial Statements

Audits

A financial statement audit offers an independent assessment of a privately held company’s financial performance for shareholders and management. It identifies areas for improvement in controls or operations, validating processes, and enhancing quality. SAX Advisors rely on audits to understand a business’s position and provide guidance for proactive solutions.

Reviews

Financial statement reviews provide limited assurance but offer a cost-effective alternative to audits. SAX Advisors use targeted questions and analytics to understand the company and provide stakeholders with necessary financial data for informed decisions.

Compilations

SAX’s compilation of financial statements offers management a high-level overview with the lowest level of assurance. It involves understanding the business, accounting principles, and financial reporting systems. Compilations help assess the profitability of products/services and evaluate expenses.

CONTACT SAX’S FINANCIAL STATEMENT ADVISORS

Internal Controls Studies & Analysis

Effective internal controls reduce asset loss, ensure information completeness and accuracy, provide reliable financial statements, and comply with laws and regulations.

SAX has over 65 years of experience helping clients evaluate and implement internal controls to address weaknesses and mitigate risks, especially in fast-paced industries, with an emphasis on governance and risk management.