CPA Services

We find too often that business owners are focusing valuable time on accounting instead of growing core business operations or, even worse, pushing financial management to the back burner. We provide the accounting solutions you need to get back on track and keep things current. Our accounting solutions are flexible, scalable and customized to fit your exact needs. As your operations or staff expands, we adjust the nature and the level of our services so that we are growing and changing in unison. We function as an extension of your business to provide you with a comprehensive range of accounting talent, experience and services. We’ll do it all or we’ll provide you with the advice you need so you can get it done right.

We advocate the progressive use of technology to drive project efficiency and we seek out and use cutting-edge software that allows us to minimize data entry and collaboratively share information. The protection, transparency and availability of your financial data is paramount which is why we store data files on remote secure server that are backed up every night and accessible by you through a client portal anywhere and at any time.

Our top-notch professionals are the key ingredient to your success and because you are sharing resources in an outsourced model the economic value you receive is magnified in many ways: eliminating employer tax and benefit costs, reducing personnel issues and training time, minimizing office expenses, improving business continuity, accessing creative and objective solutions, developing internal controls, creating and implementing policies and procedures, and using licensed and bonded professionals. Our goal is to help you to build the most economically efficient and robust financial management and reporting system possible….an infrastructure that provides you with the information you need when you need it.

Our full outsourced engagements typically include all routine, monthly, quarterly and annual tasks outlined below. If you are seeking to complement existing staffing resources, we will design a monthly or quarterly service plan specifically suited to your needs and your budget.

ROUTINE TRANSACTION PROCESSING

• Accounts Receivable Invoicing (and related functions such as payment  application, statement generation, reminder emails on open invoices):  Daily, Weekly or Monthly
• Bank Updates/Reconciliations and Cash Reporting: Weekly
• Weekly Accounts Payable Bill Payment Processing: Weekly• Payroll Initiation:  Semi-monthly, Monthly or As Needed

MONTHLY TASKS

• Examine Accounts Receivable Aging for Appropriate Usage/Unusual  Transactions
• Update Fixed Asset Schedule and Post Related Entries
• Evaluate Prepaid Expenses, Maintain Workpaper and Post Necessary Entries
• Account for Changes in Other Assets
• Input/Download Corporate Credit Card Transactions and Reconcile Accounts
• Prepare Sales Tax Filings – Monthly or Quarterly
• Post Expense Accruals and Track Cumulative Liability Details
• Adjust Notes Payable and Reconcile to Statements
• Perform General Month-End Close Procedures (Thorough Balance Sheet  and Income Statement Examination)
• Prepare Financial Statements for Management Use

QUARTERLY/ANNUAL EXAMINATION

• Evaluate Financial Records on a Periodic Basis and Provide  Feedback/Submit Questions
• Perform Monthly Tasks (Previously Listed), As Necessary
• Ensure Adjustments Posted during Tax Return Preparation are Posted to Books  and Update Equity Accounts, As Necessary
• Prepare Forms 1099
• Prepare Employment Tax Returns and Forms W-2

FINANCIAL STATEMENT REVIEWS & COMPILATIONS

We view our role in your financial reporting process as an opportunity to assist management with providing investors, creditors and other stakeholders with a picture of your privately-held company’s performance and its ability to pay debt as well as provide management with constructive feedback on the accounting function. When we assist in the preparation of financial statements, we are required under professional standards to issue a report indicating the level of assurance placed on the statements. We may issue one of two reports: (1) Review Report – limited assurance or; (2) Compilation Report – no assurance. If you are unsure as to your reporting needs, we will discuss with you, your banker or investors the detailed elements of each assurance level to ensure the selected report will suit all of your internal and compliance needs.

We strive to ensure all engagements run efficiently and promote technology, organization and planning. Most importantly, our experienced and personable CPA’s are technically proficient and have access to world-class accounting research materials so that we can help to implement accurate policies as well as identify opportunities for improvement.

We provide financial reporting across a multitude of industries, including manufacturing/distribution, professional services, construction, and technology. From projects involving foreign operations to those with complex equity compensation plans or consolidating variable interest entities, we have the intellectual horsepower and technical dexterity to tackle the job. We will serve as your independent accountant, yet we will also share our insights so that the engagement is positive and beneficial.