Public Company Services
Public companies follow much more stringent governing and reporting rules and requirements than their private company counterparts. Their leadership must answer to shareholders, which may include the public at large and also bear the scrutiny of regulators, implement and maintain a rigorous system of controls for proper reporting and operating efficiency. These challenges highlight the pressures and responsibilities that come with being a public company, as management must balance the interests of various stakeholders while meeting regulatory requirements and ensuring transparency in their operations.
Further, public companies are required to use an accounting firm registered with the Public Company Accounting Oversight Board (PCAOB), which is licensed to do audits for public companies and prepare audited financial statements. Similarly, when private firms want to go public through an initial public offering (IPO), they must choose a PCAOB-registered accounting firm to lead them through the process and help them fulfill internal requirements that will make their companies public-ready.
Meet Our Professionals
PKF O’Connor Davies has been providing audit, tax and advisory services to public companies since 1970, with Partners who have practiced in the SEC space throughout their careers and support clients with the benefit of their valuable, hands-on involvement. We also assist clients who wish to enter the public arena by providing practical solutions to the challenges management will face. We help our clients transition from a private entity following AICPA audit requirements and standards to a public entity following PCAOB audits and standards.
Services that can expand to match your company’s growth delivered by a strong team that combines ongoing communication and active Partner involvement.
Exceptional Services
PKF O’Connor Davies has served publicly registered clients in a variety of industry sectors. As a result, our professionals have extensive knowledge of publicly traded companies and broker-dealers that they put to work for your business.
Our specialists understand the intricacies surrounding compliance with all requirements of a publicly registered entity – knowledge they translate into skillful support. That includes accounting and financial reporting aspects of running a publicly traded company and experience with navigating a constantly changing regulatory environment.
We offer audit, tax and advisory services, including audited financial statements. Other specialties include risk and compliance, internal controls and PCAOB audits, including integrated audits, SEC reporting, SOC 1 and SOC 2 reports, cybersecurity, data transformation, risk advisory, tax and valuation.
Further, we help clients transition from being a private to a public entity – from concept to close – by following the required audit, accounting and independence standards and providing valuable guidance throughout the IPO process.
Our services include:
- Certified Audits
- Audits of Internal Control over Financial Reporting
- Acquisition Audits
- Pro Forma Financial Statements
- Assistance with Registration Statements Filed with the SEC
- Review of 8K Filings with the SEC
- Assistance with other SEC Filings
- Filing Reviews for Registrants Audited by Foreign Member Firms of PKF International
- Client Representation at Pre- or Post-Filing Conferences with the SEC and Assistance in Responding to SEC Comment Letters
- Full IPO Advisory
- Sarbanes-Oxley Compliance
Professional Registrations and Reviews
We are registered with the Public Company Accounting Oversight Board (PCAOB) and the Center for Audit Quality of the American Institute of Certified Public Accountants (AICPA). Once every three years, our public practice is examined by the PCAOB and we undergo an AICPA peer review of our private accounting and auditing practice. We also perform an annual self-inspection of our practice, which ultimately means there is no single year in which our practice is not subject to a strict professional assessment. We are also registered with the Canadian Public Accountability Board (CPAB) and CPA Ontario.
The Advantages We Deliver
Our experience is comprehensive and our Partners are well known for their real-world advice. We work with clients in a large variety of industries, including real estate, manufacturing and distribution, cannabis, financial services and life sciences.
To every engagement, PKF O’Connor Davies brings highly personalized client service, cost effective execution and a strong commitment to audit quality and a smooth audit process. Based on our experience, we provide unprecedented value to clients’ internal audit committee and financial management team. Given the low turnover of our team members, our clients enjoy a continuity of staff throughout their engagements.
Our firm’s high quality services result in practical solutions for businesses. Our services can expand to match your company’s growth through our PKF International Network. As always, we use a team approach that stresses frequent communication.
Another plus is that our professionals are up to date with changing PCAOB and SEC rules and regulations and provide thought leadership on the impacts these changes have on your business. Since some of our partners have experience as former regulators (including former PCAOB employees), they can offer valuable insight and recommendations on best practices for your business.
Global Expertise and Representation
As the lead North American representative in the expanding PKF International global network of independent accounting and advisory firms, we are ideally equipped to provide our clients with preferred access to experts in over 400 cities and 150 countries.