Providing meaningful financial information to investors, lenders, board members, regulatory agencies, and audit committee members can be challenging. In a regulatory environment of constant change, our audit & assurance service professionals in Fairfield County, CT, are required to keep abreast of the latest financial reporting and accounting rules. Our hands-on, personalized approach ensures that we understand your business needs so that we can tailor our approach.



Data-driven audits for informed decision-making

The most meaningful assurance services provide more than a report on an entity’s financial statements. They provide independent and objective advice and recommendations relating to the organization’s performance and internal control environment.

Reynolds + Rowella provides audit services for private companies, including manufacturers, wholesalers, distributors, service firms, software developers, broker-dealers, hedge funds, benefit plans, and non-profit organizations. We provide assurance on your financial statements to help you provide comfort over your financial reporting to your stakeholders, including your investors, lenders, and vendors.

Count on Reynolds + Rowella for:

  • Integrity and timeliness
  • A team of skilled professionals with experience in your industry
  • Understanding and evaluating your accounting controls and procedures
  • An efficient approach that minimizes disruption to your operations
  • Recommendations for improving your operations
  • Clear communication
Audit + Assurance

Our Audit Approach

Reynolds + Rowella offers comprehensive, high-quality, and forward-looking audit & assurance services in Fairfield County, CT. We aim to add value to your business. Our audit professionals start each engagement by obtaining a thorough understanding of your business and where you want to take it. As well as obtaining a clear understanding of the economic situation of your company, we are also interested in identifying risks that you might encounter in the future.

We work with you to understand your Fairfield County, CT business and its risks, then customize our audit approach to focus on matters of true importance. Through effective use of advanced data analytics and business applications, the outcome is an audit that uncovers deep insights for more strategic decision-making. Reynolds + Rowella audit professionals possess deep knowledge from long experience in delivering audits of a wide range of complexity across a variety of industries.

Assurance Services in Fairfield County, CT


An audit requires an independent examination and testing of accounting records, obtaining an understanding of your controls, procedures, and management practices. Tests may include written confirmation with outside parties, observation of inventories, and the testing of selected transactions by examining supporting documents. Audited financial statements provide reasonable assurance that the financial statements are not materially misstated. The financial statements include an independent opinion.


A review requires performing analytical procedures on your financial information and management inquiries. A review provides limited assurance that no material changes need to be made to the financial statements.


A compilation requires preparing the financial statements with information provided by management. Companies in Fairfield County, CT that need help preparing their financial statements find compilations quite useful when providing financial information to third parties. A compilation does not provide any assurance as to the reasonableness of the financial information.

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Employee Benefit Plans

Our team of dedicated professionals has extensive experience dealing with Employee Retirement Income Security Act (ERISA) regulations and the complexities of financial reporting and auditing requirements of employee benefit plans. We help businesses navigate the maze of regulations and reporting required by ERISA, Generally Accepted Accounting Principles (GAAP), Department of Labor, and Internal Revenue Service.

A quality audit will help protect the assets and the financial integrity of your employee benefit accounts. It enables you to carry out your fiduciary responsibilities by filing complete and accurate reports and returns.

Our Employee Benefit Plan Audits Include:

403(b) plans

403(b) plans

Defined Contribution Plans

Defined Contribution Plans

Defined Benefit Plans

Defined Benefit Plans

Health and welfare plans

Health and welfare plans

Employee Stock Ownership Plans (ESOP)

Employee Stock Ownership Plans (ESOP)

Agreed-Upon Procedures (AUP)

An agreed-upon procedures (AUP) engagement is an attestation engagement where the client and a third party agree to have an auditor perform specific procedures that the parties agree upon in advance. The auditor does not provide an opinion, which is one aspect that differentiates it from an audit. The auditor only reports the factual findings based on the results of performing the agreed-upon procedures, allowing the parties to draw their own conclusions on the subject matter.

AUP engagements may focus on specific financial or non-financial data. A few examples include performing procedures on numeric information, debt agreements, internal controls and leases and royalty agreements.

An AUP engagement can be a good solution when a third party needs to obtain comfort over the numeric information, compliance with agreements and internal controls.

Consult with our experienced auditors at Reynolds + Rowella to assist you with designing appropriate procedures and to determine if an AUP engagement is the right solution for you and your Fairfield County, CT business

Due Diligence

A new business acquisition or merger in Fairfield County, CT, calls for a unique level of oversight, experience, and assurances. A transaction of this type warrants a careful review of issues, assumptions, and detailed financial information.

The Reynolds + Rowella team of dedicated, trusted advisors has completed due diligence engagements across a wide range of industries. We help identify the opportunities and challenges you could encounter in your transaction and provide meaningful insights.

Our client-focused approach to financial due diligence mitigates risk and identifies key value drivers while avoiding conflicts of interest. Our team provides the high level of confidence and assurance you need to better execute the deal.

Due Diligence Services

  • Adjusted MRR & CMRR (monthly recurring revenue & committed monthly recurring revenue)
  • Quality of earnings analysis (QoE)
  • Financial statement analysis
  • Working capital analysis

Types of transactions:

  • Acquisitions
  • Recapitalizations
  • Loan financing
  • Sell side
Audit + Assurance

Quality of Earnings (QoE)

Assessing quality of earnings (QoE) and significant balance sheet accounts requires exceptional technical and analytic proficiency and the expertise and discipline to hyper-focus on critical issues facing a potential acquisition or investment. Our QoE reports provide the advantage of early information as well as the story of a company’s earnings accuracy and sustainability, financial trends and relationships, working capital, and more.

Reynolds + Rowella understands the challenges and opportunities presented by QoE reports and the rigors of due diligence throughout the deal process for corporate buyers and sellers.

The QoE report highlights the key aspects of your business for a specified historical period. These key aspects include:


  • Normalized level of EBITDA and the addbacks to bridge from reported EBITDA to adjusted EBITDA
  • Fluctuations in annual and monthly financial information
  • Revenue and gross margin by product, customer, or distribution segments
  • Operating expenses and employee analysis
  • Key balance sheet highlights
  • Normalized levels of working capital needed to operate the business
Audit + Assurance

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Reynolds + Rowella provides audit services for private companies, including manufacturers, wholesalers, distributors, service firms, software developers, broker-dealers, hedge funds, benefit plans, and non-profit organizations in Fairfield County, CT. We provide assurance on your financial statements to help you provide comfort over your financial reporting to your stakeholders, including your investors, lenders, and vendors.


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Contact details

90 Grove Street, Suite 101
Ridgefield, CT 06877

51 Locust Avenue, Suite 305
New Canaan, CT 06840

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