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Fruci & Associates, PS
Fruci & Associates, PS: Experienced, knowledgeable consultants delivering high-quality financial insight in Spokane.
2.8
Accountant
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Fruci & Associates, PS: Experienced, knowledgeable consultants delivering high-quality financial insight in Spokane.
Fruci & Associates, PS, located at 802 N Washington St, Spokane, WA 99201, provides consulting, accounting, and financial services. Clients praise the staff for knowledge, attentiveness, and high-quality work, with many highly recommending the firm. Some reviews note concerns about capacity and audit timeliness. The firm is represented in reviews as experienced professionals serving the Spokane market, with a mix of praise and caution from clients.
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Comprehensive audit services for public companies to ensure compliance with regulatory standards and accurate financial reporting.
Expert guidance on preparing and submitting SEC filings, including 10-Q and 10-K reports, to meet deadlines and requirements.
Assistance with drafting and reviewing financial statements to ensure accuracy and transparency for stakeholders and investors.
Support for businesses navigating complex accounting and finance regulations to avoid penalties and maintain good standing.
Help clients organize and submit necessary documentation and information for efficient audit processes.
Overall rating
Chris Schu
Great staff! High quality work. If you like quality this is your firm!
Paul
SEC filers beware. As an audit prep consultant, my experience dealing with Fruci's PCAOB audit practice was terrible - no sense of urgency, seemingly understaffed engagement team, they'll get to it when they get to it, no interest in resolving issues, no options if stuck with problematic engagement team. Not good for public companies. Everything seemed great fee-wise and capacity-wise leading up to client engaging Fruci. 5 weeks after uploading initial information for 10-Q reviews and after a few follow-ups, engagement partner sent a handful of general requests from some template audit request list and took another 4 weeks just to get a first round of comments on a draft. Never once heard from the assigned staff member - only from the engagement partner. No detailed requests or questions specifically related to the underlying accounting info provided - only partner level questions and comments on the draft. Given no apparent movement, followed up repeatedly with phone calls and emails over the next few weeks, resulting in responses ranging from nothing, to "7 to 10 days," to "next week," to "potentially tomorrow," to "we'll get to it when we get to it" attitude to "now that the Q deadline has passed, I will get back to focusing on getting [CLIENT] out." 2.5 months in with no meaningful progress and yet another week about to slip by, attempted to follow up with engagement partner on status and then escalated concerns to managing partner, engagement partner and other partners as a group and asked them to prioritize the engagement and get the job done. Managing partner deflected and deferred back to engagement partner for timing (which didn't solve existing problem, of course). Rather than finding a way to make it right and get the job done, engagement partner took offense and fired client. Fruci could have simply told client up front they didn't have capacity, didn't actually intend to complete the work and/or planned to get it done in some unknown number of months or years at their leisure.
Robert
Martha Harvie
Holland Nelly
Watching my family members be run down by this firm is truly appalling. The audit team obviously has some issues in organization, follow up, and might I add basic customer service skills might I add. Negative manipulative environment that just wants peoples money. Sucks watching my family be drained of there money for an audit that has no end. Sorry investors. It’s the audit firm, not us. Avoid at all costs.
dustin morgan
