LET’S CONNECT! WHAT WE DO AUDITS | REVIEWS | COMPILATIONS What We Do AUDITS | REVIEWS | COMPILATIONS 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. OUR INDUSTRIES INCLUDE: Advertising | Communications | Technology Architecture | Engineering | Construction Family Office | High Net Worth Individuals Financial and Related Healthcare Hospitality Insurance Brokers and Agencies Law Firms Manufacturing | Distribution | Retail Not-For-Profit Organizations Real Estate RELATED TOPICS HANDLING STATE TAX FILING DELINQUENCIES VIA VOLUNTARY DISCLOSURE BERDON CALLS ON HIGHLY EXPERIENCED PROFESSIONAL FOR A KEY ROLE IN ITS TAX DEPARTMENT UPDATE: CRYPTO INVESTORS FACE EXPANDED REPORTING REQUIREMENTS Read more TAX IMPLICATIONS OF GAMBLING WINNINGS Read more A NEW NORMAL? COMMERCIAL OFFICE WORK TRENDS AFTER COVID-19 Read more ‹› Hot Topics/Insights November 22 2021 UPDATE: CRYPTO INVESTORS FACE EXPANDED REPORTING REQUIREMENTS Ben Westbrook 11.22.2021 | Client Alert The new massive infrastructure bill was signed into law by President Biden on November 15, 2021, introducing new tax reporting requirements in an attempt […] November 22 2021 TAX IMPLICATIONS OF GAMBLING WINNINGS If you’re lucky enough to be a winner at gambling or the lottery, congratulations! After you celebrate, be ready to deal with the tax consequences of your good fortune. Winnings […] November 18 2021 A NEW NORMAL? COMMERCIAL OFFICE WORK TRENDS AFTER COVID-19 Mitchell Marcus, CPA 11.18.21 | Industry Insights Does a return to the workplace in the post-COVID America herald a return to normal or the start of a new era in […] View All LET’S CONNECT! WHO WE ARE WHAT WE DO WHO WE SERVE OUR PEOPLE JOIN US HOT TOPICS / INSIGHTS MEDIA/PRESS LET’S CONNECT CLIENT LOGIN 360 Madison Avenue New York, NY 10017 212.832.0400 | 100 Jericho Quadrangle - Suite 342, Jericho, NY 11753 516.931.3100 Designed and Developed by MAXBURST | Disclaimer Privacy Policy Email Security Policy Portal Privacy Policy