Audit & Accounting Services
ACCURATE AND TIMELY FINANCIAL INFORMATION AND REPORTING
DARMODY, MERLINO & CO., LLP
Our Audit & Accounting Services
Financial Statement Audits, Reviews, and Compilations
Preparing and attesting to our clients’ financial statements is the core of Darmody’s business. Our attestation services range from compilations based on client prepared schedules to full audits in accordance with generally accepted auditing standards.
Financial Statement Audits, Reviews, and Compilations
Preparing and attesting to our clients’ financial statements is the core of Darmody’s business. Our attestation services range from compilations based on client prepared schedules to full audits in accordance with generally accepted auditing standards. Our financial statement procedures are designed for maximum efficiency and to provide the users of those financial statements with the utmost confidence. We have teams of experienced professionals focusing on specific industries to get the job done thoroughly and on time.
Overhead Rate Audits
Financial Acquisition Regulations (FAR) require some government contractors to provide financial statements in accordance with Cost Accounting Standards (CAS). These financial statements are used as the basis to determine cost plus contracts and fixed price overruns. Darmody’s overhead rate audits provide both our clients and the government with the quality and confidence they need for swift resultion of contract disputes.
Prequalifications and OCBOA Financial Statement Preparation
In addition to GAAP financial statements, government entities often require financial statements and applications using an Other Comprehensive Basis of Accounting (OCBOA) to prequalify for contracts. Darmody’s staff is experienced in these other accounting methods as well as the requirements and uses of prequal’s and can help your accounting department prepare them.
Financial Forecasts and Projections
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company’s financial goals.
Bookkeeping and Accounting
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Personal Financial Statements
Defined Contribution Plan Audit
Darmody has been auditing defined contribution plans since required by ERISA starting in 1974. Pension plans are an often large but neglected part of a normal operating company and require strict compliance with many laws and regulations that some payroll departments are not familiar with.
Defined Contribution Plan Audit
Darmody has been auditing defined contribution plans since required by ERISA starting in 1974. Pension plans are an often large but neglected part of a normal operating company and require strict compliance with many laws and regulations that some payroll departments are not familiar with. Having an experienced specialist like Darmody in your corner can protect your blind-side from potential exposure to DOL audit penalties which could result in the termination of the plan itself.
We staff our pension audit engagements with experienced, licensed CPA’s who perform these engagements throughout the year. In addition to just providing an audit report, we will consult with you year round to ensure your plan is operating as designed and in compliance with the latest government regulations.
How Can Darmody Help You?
Darmody offers a wide range of services to our individual and business clients. Our resources and diverse staff have enabled us to become experts and specialists in a wide range of industries and services. We maintain the feeling of a small firm by providing our clients with personalized quality service that is beyond comparison. Please click or tap below to see some of the ways Darmody can help you.
Audit & Accounting
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. We have earned the trust of our clients and the respect of their stakeholders through years of comprehensive and proactive financial reporting.
Tax
