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Accounting Services

Accounting services consist of far more than the preparation of tax returns and financial statements; these services are capable of creating real value to business. Accounting services are about assisting a business in assembling its financial information for business planning, disclosure to their bank and creditors to obtain credit, and finally, for tax reporting and compliance.

All businesses gauge their operations by different measurements – from cash in the bank to gross revenues generated. We can assist you in developing a more comprehensive measurement of operations with the following types of services:

  1. Advisory and write-up services which may include:  Review of financial records.
    1. Review of payroll tax records and filings.
    2. Review and assessment of accounting policies.
      1. Assistance in developing and establishing procedures to provide adequate internal controls, and in developing your financial      personnel’s job responsibilities to allow for timely and appropriate internal financial statements.
    3. Assistance in structuring and generating internal financial statements to assure meaningful and accurate reporting to management.
  2. Preparation of financial statements for use by management and third parties.
  3. Preparation of tax returns for income tax, property tax, sales tax, payroll taxes and other industry specific state and federal taxes.
  4. Advice and evaluation of the structure and impact of proposed business transactions -- from acquiring new equipment and buildings to developing new businesses and selling all or a part of the business.

 

The ultimate goal of these accounting services is to assist management and the business owners in understanding the profitability, cash flow generation, financing needs, cash needs for debt service and taxes, and in structuring these transactions in the most advantageous way.