Accounting

• Compilations, Reviews, and Audits: Third parties relying on your financial statements often require a certified report for assurance. We can help with that! We provide compilation, review, and audit services by preparing your company’s financial statements in accordance with generally accepted accounting principles (GAAP). The type of report needed will determine the scope of services performed.

• Financial Statement Preparation: Our accounting and bookkeeping services provide thorough, accurate reporting and critical analysis that allows you to evaluate your financial health and realize your business goals. We take over the time-consuming and complex tasks, and deliver all of the financial data you need to make informed business decisions.

• Budgets, Forecasts, Projections: For a business to grow and survive in today’s dynamic environment where profit margins are squeezed and businesses are forced to operate with lower costs, budgeting, forecasting and projections are important financial disciplines for business success. The challenge not only lies in drafting the budget, but also in operating within the constraints of the budget to generate income that provides revenue for the business.

• Business Loan Assistance: We can assist you with major financial decisions related to your business. Whether you are thinking about buying new equipment, deciding whether to lease or buy office space, or planning a major project that you want to finance, we can help you consider the various options, as well as their financial impact and tax implications.

• Payroll Services: One of the most important decisions you can make as a business owner is whether or not to outsource your payroll. Processing payroll can be complicated and overwhelming and there are pros and cons to doing it yourself. While managing your own payroll may save you money in the short term, it could cost you in the long run if you make a mistake and end up owing the IRS back payments and penalties. To successfully process payroll yourself, you must know what you’re doing so you can avoid those issues. As a licensed professional and over 20 years of payroll experience we can help you make the best decision for your business.

• Personal Financial Statements: A personal financial statement is a disclosure of all an individual’s assets, liabilities, annual income, and annual expenditures. A personal financial statement is often needed when applying for loans.

• Cash Flow Management: Cash flow basically means having enough cash on hand to cover expenses. We will assist you with developing a plan to ensure you are knowledgable about inflows and outflows of cash and how to manage the flow of cash in your business.

• Bookkeeping: With our bookkeeping services, we will record transactions, generate financial reports, and prepare payroll tax reports. We also take the time to review all of your data with you throughout the year to offer insight and help you to understand the story behind the numbers. Our sharp financial analysis will give you better visibility into the factors driving your business.

• Minority Certification: Having a minority-owned business certification can help you tap into several public and private sector programs. We can assist you with preparing and filing the necessary document to apply for corporate, federal and state certifications.