Business Details
Trusted Accounting and Compliance Services for Shareholder Value Protection
Kral Ussery is a public accounting firm dedicated to delivering advisory services, litigation support, and internal audits to protect and grow shareholder value for U.S. public and private companies. Our expertise spans financial reporting, SEC compliance, internal controls testing and remediation, IPO readiness, M&A transactions, US GAAP compliance, and implementation of new accounting standards. We specialize in designing robust controls using the COSO framework, IT frameworks, and cybersecurity standards while providing outsourced or co-sourced internal audit solutions for SOX-404, IT general controls, and fraud prevention. Our firm offers tailored in-house training sessions, management workshops, and mentoring activities registered with NASBA, positioning us as a trusted second CPA firm for services external auditors cannot perform due to independence constraints.With a focus on governance, risk management, and compliance, we serve companies of all sizes across industries such as biotechnology, healthcare, digital currencies, and tribal governments. Our team provides independent risk assessments, pre-filing reviews of SEC disclosures, remediation of material weaknesses, and advisory services on complex accounting matters documented in technical memos. We combine technical expertise with a client-centric approach to empower organizations through training, mentoring, and unvarnished honesty in every engagement.
Services
Litigation Support
SEC Compliance
SOX Compliance
IPO Readiness
Internal Audit
Highlights and features
- We specialize in SEC compliance and internal controls for public companies
- Our NASBA-registered training programs empower client teams
- Proven expertise in IPO readiness and SOX compliance
- Independent advisory services free from external auditor independence constraints
- Tailored risk assessments and remediation of material weaknesses
Associations and certifications
- National Association of State Boards of Accountancy (NASBA)
Services
SEC Compliance
We provide comprehensive SEC compliance services including 10K and 10Q pre-filing reviews, comment letter responses, and disclosure drafting. Our team ensures accurate financial reporting through rigorous testing of internal controls and remediation of material weaknesses. With deep expertise in US GAAP and new accounting standards implementation, we help public companies maintain compliance with evolving regulatory requirements while protecting shareholder value.
Internal Audit
Our internal audit services include outsourced and co-sourced solutions for SOX-404 testing, IT general controls, and cybersecurity readiness. We conduct independent risk assessments, fraud prevention programs, and governance evaluations while maintaining objectivity as a second CPA firm. Our team specializes in remediation of control deficiencies and enhancing audit functions through specialized IT testing and M&A transaction support.
IPO Readiness
We prepare companies for initial public offerings through comprehensive readiness assessments, financial statement consolidation, and SEC filing preparation. Our services include S-1 registration statements, 8-K disclosures, and board training on stock exchange listing requirements. We help establish critical governance structures like disclosure committees and sub-certification processes to ensure smooth transitions to public company status.
Litigation Support
Our litigation support services provide expert accounting analysis for legal matters, including financial investigations, expert testimony, and damage calculations. We assist with regulatory enforcement actions and internal investigations while maintaining strict independence. Our team prepares technical accounting memos and position papers to support complex litigation scenarios involving public and private companies.
Training Programs
We deliver NASBA-registered continuing professional education programs focused on SEC compliance, US GAAP updates, and internal control frameworks. Our customized training sessions include board member education on governance requirements, management workshops on financial reporting, and mentoring programs to build in-house accounting expertise through practical, compliance-focused instruction.
Questions
What accounting standards expertise does Kral Ussery offer?
We specialize in US GAAP compliance and implementation of new standards like ASC 606 revenue recognition and ASC 842 lease accounting, with technical documentation support.
How do you help companies with SEC filings?
We provide pre-filing reviews of 10K, 10Q, S-1, and 8-K filings, address comment letters, and establish disclosure committees to ensure accurate SEC reporting.
What internal audit services do you provide?
We offer outsourced SOX-404 testing, IT general controls audits, fraud prevention programs, and cybersecurity readiness assessments as independent internal auditors.
Can you assist with IPO preparation?
Yes, we help private companies transition to public status through financial statement consolidation, SEC filing preparation, and governance structure implementation.
Do you offer training programs for accounting teams?
We provide NASBA-registered training sessions on SEC compliance, internal controls, and accounting standards tailored to client-specific needs.
How do you handle M&A transaction support?
Our services include due diligence reviews, purchase accounting assistance, and integration of financial reporting systems during merger and acquisition activities.
