1942 Victory Boulevard, Staten Island, New York 10314
Hours of Operation
Mon - Fri: 9:00 to 5:00
Your Company Needs a Compliance Partner for a Reliable Outsider Perspective
Audits.
The word can send a chill down your spine. It’s one of the things business owners dread the most.
It doesn’t matter whether your business is a professional company like a law firm, accounting firm or engineering firm, or if you have a corner store. And it equally doesn’t matter whether it’s an audit of practices or finances.
Yes, audits can be time-consuming and intrusive. They can also be helpful in moving your business practices to a better, higher level.
RCSG is a firm that is expert in preparing firms for an audit. That’s because our training as a business-focused paralegal firm gives us a critical outsider perspective that will likely identify problems before an auditor sits down to examine your business.
As your compliance consultant, RCSG will be out ahead of audits, and will help you to build processes and procedures that will align with local, state and federal regulatory audits whether they are professional or financial in nature.
How does this work and why are we well positioned to do this? The answer comes straight from our background in legal services. RCSG has worked with top New York City law firms that compete for government and large corporate work. This means that these firms may be routinely examined by the government or other auditor as part of a request for proposal process.
One of the great lessons we have learned about being a compliance consultant is that it creates a great opportunity for RCSG to help our clients to improve their business policies, procedures and processes. Even attorneys who believe they have everything covered can learn something once we offer a different perspective on how they can approach workflows, filing, security, bookkeeping or documentation.
This is a really important lesson: compliance can be as much about finding efficiencies as following rules that we sometimes think are excessive or burdensome. It just takes a special mindset to snap that picture into focus, and this is something we believe is among the great advantages offered to clients of RCSG.
Another area where successful preparation for audits is remarkably beneficial is risk management. Firms, especially firms that have been around for a long time, have developed ways of doing things that they are reluctant to change. Sometimes this old and seemingly “tried and true” processes are actually a vulnerability. If you have a long-serving staff that have been doing things a certain way for a long time, their commitment to these processes may have left them blind to security problems that could create liability exposure. This is not good.
This is another reason why a fresh set of eyes, like those belonging to RCSG, can be important. We approach each client in a unique manner that begins with developing an understanding of the best practices in your industry – whether financial, legal, engineering or architecture – and we create methods for testing your internal processes. We do this with an eye toward mitigating issues that could arise with non-compliance of industry or state regulations, and also to expose vulnerabilities. If we find problematic issues, we will work with your team in securing the services of an outstanding and respected professional to strengthen those weaknesses before they become a big liability.
RSCG is your business forward corporate services partner. We offer a wide variety of cost-friendly services ranging from paralegal to notary public to compliance support. We are based in Staten Island, New York, but we also operate in New Jersey, Pennsylvania, Delaware and Florida. Call us today at 718-336-7274 [or 718-336-RCSG] or fill out the form linked here to further explore the services we offer. We are confident you will be very impressed with what RCSG offers.
Frequently Asked Questions
Before taking on a client, does RCSG conduct a “compliance audit” to assess the current entity health of a client company?
Richmond Corporate Services Group absolutely conducts a compliance audit of a potential client before formal onboarding. This can affect how we need to proceed. As a firm founded by a paralegal, we have the ability to solve many of the issues that may have occurred due to neglect, but this is outside the scope of our standard service. These issues can involve filing gaps, missed franchise taxes, or expired business licenses. If your company has these issues, you can trust RCSG can bring your company into compliance and give your LLC, PLLC, S-Corp or C-Corp a fresh start.
How do I know that RCSG is up to date and continuously monitoring the latest changes in state and federal regulations that are needed to support my company?
Richmond Corporate Services Group is signed up like any professional corporate service firm to receive the latest updates as soon as the state or federal government issues guidelines. This includes all of the states where we provide services: New York, New Jersey, Delaware, Pennsylvania and Florida. Changes that we always monitor closely are updates to the federal Beneficial Ownership Information (BOI) and such things as changers in filing deadlines, or state franchise tax or other tax minimums. Being proactive helps us to minimize the risks for clients.
Can Richmond Corporate Services Group conduct Foreign Qualification audits in states where a client is or could be operating but currently isn’t registered?
This can be a question of “nexus management,” and ensuring that clients are complying with state regulations is a core competency of RCSG. We will conduct Foreign Qualification audits to determine if your corporate footprint is bigger than you realize due to having remote employees, investments or leases (such as a warehouse or other physical space) in a state where your company is not registered and could be out of compliance.
When a compliance audit issue arises, what kind of human expertise do you deploy to supplement any software you use?
RCSG’s founder and principal owner is a paralegal who has worked in the area of corporate services and registration compliance for years. This means that RCSG is well versed in the nuances of dealing with compliance snags and other state audit issues. Brian Carchedi will lead his team to expertly interact with any state agency representatives to ensure the impact on a client’s staff and day-to-day operations are kept to a minimum.
When there is a legal audit or Service of Process received by RCSG, how quickly do you alert your clients?
RCSG alerts clients expeditiously, meaning as soon as possible. We understand that employing all deliberate speed when under legal duress can reduce complications for our clients. Our goal is to provide same-day processing of Service of Process or legal audit notices, which include scanning, routing to corporate counsel and calling our client with a transparency update.
