Reviews

Review Details

• Review fromPaul M

  Date: 09/07/2024

  1 star
  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 bad engagement team. Not good for public companies.Everything sounded good leading up to client engaging Fruci. 5 weeks after uploading initial information for 10-* 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 directly 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 * 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 intend to complete the work and/or planned to get it done in some unknown number of months or years at their leisure.

• Review fromPamela S

  Date: 12/17/2023

  1 star
  This company charged us $5,200.00 to do OUR PERSONAL TAX RETURN. We reached out to our company CPA and asked what they would charge to do the same return. $1,200.00 they said. We have never paid in excess of $1,800.00 to have our return done and that was including the sale of a business that year. Stay very far away from this outfit. We were also charged $7,000 in IRS penalties due to this accountant dropping the ball. They charged ** an additional $350 to redo an ****** form that had already been done (by them). ****** returned every cent. When we asked for a review of these exorbitant charges we were refunded a measly $700 and refused a refund of the charges to refile the OR form. This company will charge whatever they think you will rollover and pay with zero reasonable explanation. We are contesting this and will be reporting this company to whoever will listen.