MFA - Moody, Famiglietti & Andronico, LLP MFA - Moody, Famiglietti & Andronico, LLP
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Summary of What We Do

audit & assurance

At MFA, we are committed to delivering independent, efficient, effective and comprehensive audits. We provide quality assurance services to help ensure that our clients' financial statements meet the regulatory and business requirements under which they function.

Each MFA professional understands the importance of a sound audit. Our assurance practice is built on rigorous quality assurance policies and procedures. MFA is a member of the Public Company Accounting Oversight Board (PCAOB) and the American Institute of Certified Public Accountants (AICPA) Peer Review Programs. Since 1992, MFA’s audit practice area has received unqualified AICPA peer review reports without letters of comment, placing MFA in an exclusive category of the top quality CPA firms in the United States.

We believe that high-quality audits, in fact and perception, are essential to the growth of financial markets. Our professionals are highly sensitized to the need to maintain objectivity and independence. Moreover, our audits are led by partners who are heavily involved in the engagements and staffed by individuals with the appropriate level of skill and knowledge of our clients' businesses. Each audit also has a suitable level of independent technical oversight.

MFA’s approach to assurance services is to go beyond the books and records to gain insight into our clients’ operations and corporate objectives. This approach significantly increases our effectiveness, enabling us to make more meaningful recommendations about various aspects of clients’ business systems, operational procedures and practices. This results in a service approach that often transcends the traditional accounting firm-client relationship. We believe that out of this expanded relationship flow our best operational and managerial recommendations for profit improvements, alternative capital resources, improved cash flow and other strategies that contribute in a real way to our clients’ competitive advantage and success.

We recognize the benefits of a planned, proactive approach. In that regard, we identify possible areas of risk that might require special attention. This advance planning also typically results in an efficient audit process.

We actively work with our clients to help them remain abreast of these ever-changing rules. This assistance includes technical training and presentations to management and audit committees, and working meetings to consider implementation approaches and timetables. We can also help companies form and maintain effective audit committees and set appropriate agendas for their ongoing activities.

Audit & Assurance Services

 

  • Audit committee consulting
  • HUD, OMB A-133 audits and UFR
  • Internal audit outsourcing and co-sourcing
  • Service organization audits
  • Employee benefit plan audits
  • Bank examination
  • SAS 70 audits
  • Trust Services (SysTrust®, WebTrust®)
  • International Financial Reporting Standards (IFRS)
  • XBRL readiness and implementation