Audit ServicesAudit services built for fewer surprises and calmer deadlines

An audit that works for you before the deadline hits

MRM turns the audit into a structured process built around clarity, control, and fewer surprises. Our team brings senior judgment and proactive planning to every engagement so predictable risks get handled early and deadlines stay calm. We know what your organization actually needs, and we build our process around it. From planning through final delivery, our goal is a more predictable audit experience where risks are identified early, documentation is organized, and nothing catches you off guard at the finish line.

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From Audit Scramble to Audit Control

Your audit should run like a plan, not a scramble.

MRM brings structure, senior judgment, and proactive communication to help leadership avoid late surprises and keep financial delivery moving.

The Traditional Model

The Traditional Audit Approach

Findings that surface in the final stretch force rework and compress timelines.

Rotating teams mean someone new is learning your business every year.

Major deals escalate at the worst possible moment.

Cleanup work becomes the hidden cost of “getting through the audit.”

What MRM Does

The Confidence Control

Leadership gets fewer surprises because risk is surfaced early and communication is proactive.

Deadlines stay calm because evidence is staged and decisions are made with time.

Complex areas like revenue recognition, lease accounting, and fair value hold up under lender and deal scrutiny.

Your team spends less time on the audit and more time operating your business.

WHAT WE DO

Audit Services

Financial Statement Audits

Independent audit support for organizations that need confidence in their financial statements, internal processes, and reporting outcomes.

  • Independent audit of financial statements
  • Risk assessment and audit planning
  • Substantive testing and analytical procedures
  • Internal control evaluation
  • Audit opinion issuance
Financial Statement Reviews

Limited assurance engagements for organizations that need reviewed financial information without the scope of a full audit.

  • Limited assurance engagement support
  • Inquiry and analytical procedures
  • Identification of unusual financial relationships
  • Review report issuance
Financial Statement Compilations

Financial statement preparation support for organizations that need professionally prepared statements without assurance.

  • Preparation of financial statements
  • Compliance with applicable reporting frameworks
  • Compilation report issuance
  • No assurance provided
Agreed-Upon Procedures

Targeted procedures for specific accounts, processes, or stakeholder requirements when a full audit is not needed.

  • Procedures defined by specific stakeholders
  • Targeted testing of specific accounts or processes
  • Factual findings reporting
  • Support for lenders, investors, or regulators
  • Surprise examinations for registered investment advisors
Employee Benefit Plan Audits

Specialized audit support for retirement and benefit plans that require careful compliance, testing, and documentation.

  • 401(k) and employee benefit plan audits
  • ERISA compliance testing
  • Plan asset verification
  • Contribution verification
  • Benefit plan reporting support
Lender and Bank Assurance

Audit and assurance support for organizations that need financial reporting confidence for lending, financing, or covenant-related requirements.

  • Audited or reviewed financials for lending requirements
  • Borrowing base testing
  • Debt covenant compliance support
Internal Control and Risk Assessments

Targeted consulting and agreed-upon procedures support to help identify process gaps, control weaknesses, and risk areas.

  • Internal control design review
  • Process and control walkthroughs
  • Risk identification
  • Mitigation recommendations
Reporting Framework Support

Support for organizations that need financial statements aligned with the right reporting framework and stakeholder expectations.

  • GAAP financial reporting
  • Cash basis and tax basis reporting
  • Industry-specific reporting frameworks
  • Consolidation and multi-entity reporting
Audit Readiness and Pre-Assurance Support

Support to help organizations enter the audit process with stronger documentation, cleaner policies, and fewer avoidable delays.

  • Audit readiness assessments
  • Accounting policy review
  • Documentation improvement
  • First-time audit preparation and support
Post-Engagement Insight

After the engagement, MRM helps leadership understand results, control observations, and opportunities for future improvement.

  • Management letters
  • Control and process recommendations
  • Risk observations and improvement opportunities
  • Audit results presentations to boards, audit committees, or those charged with governance
Industries MRM Commonly Serves

MRM brings audit and assurance experience across organizations with complex reporting needs and stakeholder expectations.

  • Employee benefit plans
  • Construction
  • Professional services
  • Healthcare
  • Real estate
  • Not-for-profit organizations
Audit Process

The AICPA Audit Process

A strong audit should feel structured from the beginning. MRM follows a clear process designed to surface risks early, organize evidence, support informed decisions, and deliver final financial statements with confidence.

1

Preliminary Engagement Activities and Audit Planning

  • Entity information and background
  • Engagement acceptance and continuance
  • Engagement letter

2

Understand the Entity, Environment, Framework, and Controls

  • Determine materiality
  • Document entity-level, activity-level, and IT controls
  • Evaluate internal controls to identify weaknesses that could allow errors or fraud to occur

3

Assess the Risks of Material Misstatement

  • Consider risks of material misstatements
  • Make risk assessments
  • Develop audit procedures to address significant risks and significant estimates

4

Perform Audit Procedures in Response to Assessed Risks

  • Cash testing
  • Fixed assets and depreciation
  • Search for unrecorded liabilities
  • Accruals
  • Debt
  • Revenues and expenses testing
  • Test inputs and significant assumptions used in PPA reports
  • Various other auditing procedures

5

Prepare Financial Statements and Disclosures

  • Balance sheet
  • Income statement
  • Statement of members’ equity
  • Cash flow statement
  • Footnote disclosures
  • Independent auditors’ report

6

Evaluate and Conclude the Audit

  • Evaluate the results of the audit
  • Provide required communications to those charged with governance
  • Share management recommendations and communication of control deficiencies
  • Deliver final financial statements and independent auditors’ report

The goal: a more predictable audit experience where risks are identified early, documentation is organized, and leadership has fewer surprises.

Ready to See What Proactive Audit Strategy Looks Like?

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