You can depend on our auditors to understand the specific concerns of medical device companies
Conditions for medical device companies have changed dramatically over the last couple of years. There is increased competition, slower growth, and thinner margins. Meanwhile an aging U.S. population, access to global markets, and technology advances hold promise.
The industry is facing complex and challenging issues. And to thrive in this environment, you need to know exactly how your company stacks up. You can depend on Plante Moran professionals to perform financial statement audits
that ensure the quality of information you are using for decision making.
Good reputation assures stakeholders
During the audit process you will benefit from their knowledge of the medical device industry, their reputation for thoroughness, and their focus on client service. When you use their audit opinion to assure your investors, regulators, customers, and employees, you will appreciate the strength of Plante & Moran’s reputation.
You will also appreciate the audit team’s approach to your financial statement audit. Because Plante Moran considers finance statement audits more than a routine, historical, compliance activity, our professionals will take time to fully understand your organization and will listen carefully to your specific concerns.
Issues of particular importance to your industry
Because innovation is key, they know that your success relies on retaining talent which in turn means creative compensation plans. Our auditors are accustomed to monitoring and properly reporting compensation plans that include incentives such as stock options, phantom stock, stock appreciation rights and other qualified and non-qualified employee compensation structures.
You can also rely on the financial statement audit team to understand your complex capital structures. The team’s reports will give you the information you need for your own operations plus the transparency your current and future investors require. Our professionals are accustomed to reporting on issues like preferred stock offerings, stock options and warrants, and debt with detachable warrants.
Transparency and governance
They will also assess your internal controls and offer suggestions for any needed improvements. Effective internal controls are essential to ensure the quality of the information your accounting system generates and that you depend on to make important day-to-day decisions.
Our clients say we are proactive in our efforts to help them prosper. You can expect us to add value to your financial statement audit. Our professionals will help you interpret their reports and use the information to develop plans for the future.
As one of the nation’s largest accounting, tax, and management consulting firms, Plante & Moran has the resources and expertise to handle assignments ranging from startup and early growth stage companies to large, mature organizations. Despite our size, we’ve retained the smaller-firm values of personal attention and service that add value to financial statement audits of companies of all sizes and at any stage in their life cycle.