Let’s connect!
What We Do

Audits | Reviews | Compilations

What We Do

Assurance Expertise at Every Level of Complexity

Audit

Berdon develops its audit approach based on firsthand knowledge of our clients’ individual technology, infrastructure, and processing environments. We integrate industry expertise, business knowledge, and risk assessments, in order to produce high-quality audit deliverables in accordance with accounting principles generally accepted in the United States (GAAP).

Review

The scope of a review is substantially below that of an audit, and is based on our understanding of the client’s organization and environment in which it operates. In performing a review, Berdon professionals analyze procedures, make inquiries, and obtain management representations. The results of this process allows the Firm to state that it is not aware of any material modifications that should be made to the client’s financial statements in order for them to conform to GAAP and other reporting frameworks.

Compilation

A compilation gives the lowest level of assurance on a client’s financial statements. A compilation report indicates that the information in the financial statements is the representation of management and that our Firm has expressed no opinion on the content. The overall goal of a compilation is to assist in determining if the financial statements comply with the disclosure requirements of GAAP and other reporting frameworks.

Meet Our Advisors

For all these reasons, assurance and accounting services provided by Berdon should never be viewed as commodity services. We deliver a meaningful report and management letter that help organizations move forward and give confidence to boards of directors as well as lenders.

Related Topics

Hot Topics/Insights

August162022

8.16.21 | Press Release NEW YORK – As Official Accountants and Advisors of the New York Mets, Berdon LLP (Berdon) partnered with Learn Fresh, the Mets, and the Amazin’ Mets […]

August152022

Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is with a Section 1031 “like-kind” […]

August102022

8.10.22 | SNY SportsNite Berdon LLP and the New York Mets welcomed students from the Cross Island YMCA and the Sheltering Arms Children & Family Services of P.S. 105 to […]