Highly Trained Professionals
Years of Experience
Year of Foundation
We offer a wide range of services to meet your accounting needs.
Highest assurance examinations of your financial statements. We test internal controls and issue an independent opinion to ensure your financial statements are free of material misstatements.
Ideal for major financing, selling your business, meeting Connecticut nonprofit thresholds (over $1M), or securing high-value surety bonds.
We perform analytical procedures and inquiries to provide limited assurance that your financial statements.
Ideal for moderate loans, lines of credit, private investors or Connecticut nonprofits with revenue between $500K and $1M.
No assurance. We compile your data into formal statements on our firm letterhead.
Perfect for small business loans, closely held businesses seeking a mortgage, internal management reporting or smaller valued surety bonds.
Contractors and developers often need reviewed or audited statements to submit bids, secure bonds and obtan financing. We understand the complexities of percentage-of-completion accounting and bond underwriting requirements.
Learn MoreConnecticut's recent changes to reporting requires nonprofits over $1M in revenue to undergo audits and those over $500k to obtain reviews in order to continue to collect tax exempt donations. We provide the fund accounting necessary to guide boards through compliance & financial statement reporting.
Over $1M Revenue Under $1M RevenuePrivately held corporations, partnerships and LLCs turn to us for compilations and reviews that satisfy lenders, investors and management. Our advisory services help you plan for growth and eventual sale.
Learn MorePhysicians, attorneys and professional practices need reliable statements to provide assurance and accountability partners and members. We provide tailored reviews & compilations to support this.
Learn MoreManufacturers and retailers rely on timely financials to manage inventory, obtain credit lines and support expansion. Reviews provide these businesses with the assurance they need to continue to grow.
Learn MoreFormal financial statements are required to apply and obtain government backed financing. For businesses who have recieved SBA financing, audits are required when annual receipts are above $20M, reviews are required when receipts are between $7.5–20M and compilations are required when receipts are below $7.5M. We help businesses obtain financing & stay compliant.
Need Financing? Over $20M Over $7.5M Under $7.5MFSI was founded in 1984 and has provided over 40 years of commercial tax, accounting and auditing experience. We prepare financial statements at compilation, review and audit levels for corporations, partnerships, nonprofits, estates and individuals and serve diverse industries incuding construction, professional services, manufacturing, retail, investment, software and schools.
Our firm is known for its proactive planning and efficient auditing procedures, and we maintain strong relationships with local banks and investors. Operating from our Norwalk office, we combine seasoned local knowledge with national‑level expertise to help Connecticut businesses thrive.


firm founder / partner

Partner

Partner

Partner

Timothy Frawley,
Partner

Audit Director

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