Compilation and Preparation of Financial Statements

• Involves preparing financial statements for businesses without providing formal assurance on their accuracy or completeness.

• Useful for companies needing professional financial statements for external stakeholders, such as:

  • Banks for loan applications or credit evaluations.

  • Investors for assessing financial performance.

  • Regulatory bodies or other third parties requiring standardized financial reports.

• Focuses on organizing and presenting financial data in a clear, standardized format, typically in accordance with Generally Accepted Accounting Principles (GAAP) or other applicable frameworks.

• Does not include auditing or verification, making it a cost-effective option for businesses needing basic financial reporting.

Agreed-Upon Procedures Engagements

• Customized engagements where specific procedures are performed to provide assurance on targeted accounts, transactions, or business processes.

• Tailored to meet client needs, such as:

  • Verifying the accuracy of specific financial accounts (e.g., accounts receivable or inventory).

  • Evaluating internal controls for a particular business process.

  • Investigating potential fraud or discrepancies in targeted areas.

• Results in a detailed report of findings based on the agreed-upon procedures, offering limited assurance on the specific areas reviewed.

• Ideal for businesses seeking focused insights without the scope of a full audit.

Accounting and Tax Due Diligence

• In-depth review of a company’s financial and tax records, typically performed during mergers, acquisitions, or investments.

• Aims to:

  • Identify potential financial risks or liabilities.

  • Verify the accuracy of financial statements and tax compliance.

  • Assess the target company’s financial health and operational efficiency.

• Includes analysis of tax obligations, historical tax filings, and potential exposures to ensure informed decision-making.

• Helps clients mitigate risks and negotiate better terms in transactions.

Back Office & Business Management Consulting

• Provides comprehensive support to enhance operational efficiency and business growth.

• Services include:

• Back Office Support: Offering access to our office facilities for administrative tasks, record-keeping, or temporary workspace needs.

• Business Management Consulting: Strategic guidance to improve business performance, including:

  • Developing growth strategies.

  • Streamlining operations and processes.

  • Implementing best practices for management and governance.

• Tailored to help clients scale their businesses effectively while leveraging expert advice and resources.

Advisory Services

• Strategic consulting to support critical business decisions and long-term planning.

• Key areas include:

  • Merger & Acquisition (M&A): Guidance on deal structuring, valuation, negotiations, and integration planning to maximize value and minimize risks.

  • Budget Planning: Assisting with the creation of realistic, data-driven budgets to align with business goals and financial constraints.

  • Restructuring and Organizational Process Settings: Designing efficient organizational structures, workflows, and processes to improve productivity and adaptability.

  • Cash Flow Valuation: Analyzing and forecasting cash flows to support investment decisions, financing strategies, or business valuations.

• Focused on delivering actionable insights to drive business success and sustainability.

Payroll Services

• Comprehensive payroll management to ensure accurate and timely employee compensation.

• Includes:

  • Calculating wages, deductions, and taxes.

  • Processing payroll payments and issuing paychecks or direct deposits.

  • Ensuring compliance with federal, state, and local payroll regulations.

• Streamlines payroll processes, reducing administrative burdens for businesses.

Tax Services

• Preparation of Tax Returns:Preparing and filing tax returns for both businesses and individuals, covering:

  • Inbound and outbound transactions for multinational clients.

  • Federal, state, and local tax requirements.

• Ensuring full compliance with applicable tax laws, regulations, and deadlines.

• Federal and State Audit Services/Representation:

• Representing clients during tax audits conducted by federal or state authorities.

• Providing expert guidance to address audit inquiries, resolve disputes, and minimize penalties.

• Preparing necessary documentation and communicating with tax authorities on behalf of clients.

Payroll Service Managing & Employee Selection of Benefit Plan

• Extends payroll services to include managing employee benefit plans, such as:

  • Health insurance, retirement plans (e.g., 401(k)), and other employee benefits.

  • Assisting employees with selecting appropriate benefit plans based on their needs.

• Ensures compliance with regulations governing employee benefits, such as ERISA or ACA requirements.

• Simplifies benefit administration, enhancing employee satisfaction and retention.