Accounting Services

“We are first and foremost outstanding accounting professionals”

Financial Statement Preparation:

The financial statements we prepare for our clients serve two primary purposes. 

First, they provide management with a business “scorecard” which depicts the past performance and financial health of your organization. While reviewing this scorecard with management we often identify areas where changes can be implemented to improve the profitability of a business.

The second purpose of financial statements is to satisfy the requirements of lending institutions. Banks and financial institutions frequently compliment our comprehensive and easy to understand financial statements. They tell us that our financial statements allow them to be extremely responsive to your credit needs.

Our accounting and auditing practice has been subjected to the Peer Review program of the American Institute of Certified Public Accountants (AICPA) since 1991. We have consistently received unqualified opinions on all of our peer reviews. Our Peer Review Reports are on file with the AICPA PCPS division and can be obtained by calling (201) 938-3000.

Outsourcing Your Accounting/Bookkeeping Services:

An expanding area of our practice has been assuming the accounting function for certain clients. We have accounting professionals on our team who perform all accounting functions including disbursements and accounts payable, invoicing and  accounts receivable, payroll processing and month bank account reconciliations.

This service is ideal for clients who do not need a full time bookkeeper but still recognize the importance of maintaining accurate records. We provide them with the peace of mind found in knowing that their records are maintained by experienced accounting professionals. In addition, by maintaining their financial records, we achieve a smooth transition to providing our outstanding tax services.

These services can be performed either at a clients site or in our facility using web based accounting software. The web based method allows the client to access their records simultaneously with us. With the expanded availability of broad band web access, we are seeing a dramatic increase in the web based service.

Financial Projections and Cash Flow Forecasts:

One of the major causes of failure for small businesses is the lack of understanding of cash flow issues. Our cash flow forecasts and related consultations will help you gain an understanding of the effects on cash flow of your various business decisions.

We often prepare financial projections and cash flow forecasts while assisting our clients in planning the future of their enterprises. These type of analyses are critical in evaluating the feasibility of alternative growth or expansion plans. They are often used in presentations to lending institutions or sources of capital.

In addition, these type of analyses are integrated closely with our “Grow Your Business” Consulting Services.  After all, “failing to plan is the equivalent of planning to fail!”

For a detailed list of the services we offer, view our Menu of Services template.