973-994-9494

Audit & Accounting

We have made a promise to our clients to provide a balanced approach - blending experience, reliability, integrity and common sense to bring them peace of mind. Our audit and accounting services are at the core of this guarantee. We deliver:

  • Financial Statement Audits – including specialty audits such as:
    • Closely-held companies
    • SEC audits
    • HUD audits, A133 government audits, private school audits, organizational audits
    • Employee Benefit Plan Audits
  • Compilation
  • Review
  • Attestation Services 
  • Additional Services
    • Agreed upon procedures
    • Forecasts
    • Mergers and acquisition due diligence
  • Service Organization Control Reporting (SSAE 16)

As an entrepreneur, the president of a well-established family business, the managing partner of a professional services firm, or the CFO of a public company, it is imperative that you have complete confidence in the quality of your audit and accounting services and unparalleled trust in the skills, experience and integrity of your accountant. Today’s business climate demands a more sophisticated approach - with a critical focus on independence and objectivity. 

IT Assurance

Control Testing

Sobel & Co. offers a variety of services with the focus on evaluating, testing, and reporting on a company’s achievement of control objectives. We provide:

  • Conduct control tests with regard to third –party audit reports
  • Trust services, general computing control testing
  • Business process control testing, agreed-upon procedures
  • Compliance control testing
  • Service organization control reports (SSAE 16, Sys Trust)

Service Organization Control Reports

With the transition from SAS70 to three new Service Organization Control reports, Sobel & Co. now offers service organizations different reporting audit options.

  • SOC 1 (SSAE 16): Reporting on a service organization’s internal control relevant to user entities internal control over financial reporting (ICFR).
  • SOC 2: Reporting on a service organization’s services or systems about security, availability, processing integrity, confidentiality or privacy.
  • SOC 3: Same level of assurance as a SOC 2 report; however, the report is intended for general release and does not contain detailed description of the testing performed by auditor.

When your organization has a clean Service Organization Control report opinion issued, you will be able to provide your clients with the knowledge that your controls over key outsourced processes and controls have been reviewed and tested in accordance with AICPA standards.