Governance, Risk and Compliance
PBO will help clients understand and address financial and related risks of your business. The experienced PBO GRC team knows the technical intricacies about regulatory, risk and compliance issues. We provide our clients with a deeper understanding of risk as well as business insights that will enhance performance down the road. As an extension of your team, PBO will execute what’s required to achieve compliance and mitigate risk. PBO does this by providing experience, tools and methodologies that support the establishment of a strong tone at the top and effective internal controls. Some of the many services offered by our GRC team include:
Accounting - PBO provides
fraud and forensic accounting to help our clients identify potential fraud
committed inside their organization. PBO seasoned accountants and internal
audit team responds to allegations involving asset misappropriation such as
cash theft, fraudulent disbursements, inventory fraud and misuse of assets, as
well as financial statement fraud.
Governance support - PBO will help companies set up a basic
corporate governance structure. We will
establish supporting policies and processes, including code of ethics and Board
charters, and scale as your business grows.
Audit services - PBO will
provide an independent, objective assurance and internal controls advisory
services designed to add value and improve client’s business, information
technology and financial operations and to mitigate overall business and
financial risk. We
can provide you with resources to staff your audits on an ongoing basis. We can act as an outsourced partner of your
internal audit practice or provide strategic assistance as your team requires
Compliance - PBO is positioned to provide you with
an efficient, cost-effective and value-added assessment of the financial risk
for your business. Our deep SOX
experience has taught us how to make you compliant with maximum efficiency and
security. We leverage our relationships
with the external auditors to make them rely on our work. Auditors know and trust our approach which
reduces their workload and the audit fees they charge you. PBO’s dedicated SOX team will bring field
tested tools and processes to your business.
Whether you are a pre-IPO company or a major public company we can
complement you internal team strategically or serve as your outsourced SOX
Compliance Audits - PBO’s
internal audit team assists CPA firms by performing an examination of organization's controls and processes. PBO’s CISA resources will
provide support in creating Service Organization Control (SOC 1) reports.
Business Advisory Services
At PBO you’ll find qualified professionals who can help you meet the growth demands of your company without adding head count.
Audit Preparation - Companies experiencing turnover in
their accounting department or experiencing significant growth will call on
PBO’s seasoned professionals to prepare for their year-end audit. Whether you need help with account
reconciliations, preparing lead schedules, supporting work papers or variance
analyses call PBO to help meet the audit deadlines so you can keep up with your
Technical Resource - PBO’s senior staff can provide
assistance for public reporting requirements including SEC filings and reporting
(10Ks and 10Qs), annual reports and financial statement footnote support. In addition we can assist with SEC projects,
such as restatements, debt offerings and IPOs.
& Acquisitions Support – Transitioning companies through mergers
and acquisitions is just another way PBO can help companies manage their
change. Our seasoned experts will assist
with completing the appropriate due diligence work; incorporating the new
company into the financial reporting and accounting system; and backfilling the
accounting functions while the company’s staff works on special projects and on
training new staff.
- Stock Administration Support – PBO
provides stock administration support in all facets of the administration of
equity compensation plans for both private and public companies. In addition, we
also have expertise in various accounting standards and pronouncements
including ASC 718 (Compensation – Stock Compensation).
- Business Systems Assessments & Implementations – PBO can assist companies to manage change
by evaluating effectiveness and maximize performance of existing financial and
reporting systems and processes; recommend and implement accounting and ERP system upgrades; qualify software and other
technology suppliers and provide project management or augment the project team
during the implementation of ERP or core accounting systems.
Process Improvements – PBO team members bring expertise in
finance, IT and operations. Companies
retain PBO to: help evaluate effectiveness and maximize performance of existing
financial and reporting systems and processes; recommend and implement
accounting and ERP system upgrades; qualify software and other technology
suppliers and provide project management or augment the project team during the
implementation of ERP or core accounting systems.
- HR Support - Employment law is an ever-changing
field, and an organization’s policies and procedures must change with the laws
if they hope to avoid litigation. One of
the best ways to avoid employee lawsuits is to have PBO perform a comprehensive
review of your Human Resources programs to ensure they reflect any of the
recent changes. PBO’s HR resources can
help improve compliance with federal / state regulations, through these service