Business entity analysis and structuring
There is no single form of entity that is appropriate for every type of business. The choice of entity decision is one of the most important decisions facing those who own and operate businesses. There are several forms to choose from, each of which generates different legal and tax consequences. Federal and state tax consequences of each type of entity also play an important role; especially in closely held entities where the parties’ combined tax liabilities should be analyzed as part of the decision-making process. In order to choose the proper entity it is important to understand the characteristics of each type. Please call to set up a consultation to learn more about various entities.
Business start-up support services
In today’s business environment, the role of accounting has become much more than establishing a historical financial record. Business owners and entrepreneurs now have to use accounting and financial processes to effectively, strategically, and ethically manage their business. Ever changing requirements and regulations have made financial and tax reporting more vital than ever. And those requirements demand attention and detailed knowledge.
- Business plan
- Legal business structure
- Federal employer identification number
- Initial business filing(s)
- Creation & implementation of accounting policies & procedures
- Track and analyze financial performance
Peachtree/QuickBooks set-up, training and consultations
A&C offers telephone, e-mail, or one-on-one set-up, training, and consulting services in Sage 50TM/PeachtreeTM and QuickBooksTM. This service is performed at your office or at A&C offices. Since A&C staff includes Certified Public Accountants, they are better able to solve your accounting and software problems while training you to be more efficient with your time and money. By utilizing industry-specific technology A&C provides training/consulting/ trouble-shooting on your computer from remotely from our offices. If you allow us to set up your accounting system from the beginning and teach you how to use it, you can be rest assured that your accounting and tax work will be hassle-free and less expensive in the long run.
- Bookkeeping, reconciliations and write-up services
- Accounts payable outsourcing
- Agreed upon procedures engagements
- Growth strategies
- On-site controller or accountant outsourcing
- Payroll processing and reports including W-2s and 1099s
- Personal record keeping, bookkeeping and bill paying
- Preparation of compiled or reviewed financial statements
- Preparation of personal financial statements
Bookkeeping, Reconciliations and Write-up services
A&C can handle your bookkeeping, recordkeeping, and report filing and can provide the following services in accordance with your needs:
- General ledger & financial statement preparation assistance
- Bookkeeping (Monthly/Quarterly/Annual)
- Accounting system setup for new businesses
- QuickBooks Support
Maintaining an optimum cash flow level is imperative for the success of a business. A&C sets up budgets to track your spending & sources of cash as well as forecast future outlays.
Accounts Payable Outsourcing
A&C uses the best practices and high levels of quality to ensure that all clients’ Accounts Payable are processed efficiently and accurately. A&C’s accounts payable services are dependable, flexible, and cost-effective, enabling you to focus on the growth of your business.
Agreed Upon Procedures Engagements
A&C can issue a report on procedures and findings based on specific procedures performed related to a financial statement component or other written assertion.
A&C can prepare projected financials per the AICPA guidelines to review and analyze various growth strategies to help your company achieve its budgeted goals.
On-site Controller or Accountant Outsourcing
Many small business owners realize the demands of financial management keep them from building and managing their business. A part-time CFO/Controller can be a cost-effective way to help you manage your business. As a controller, A&C provides the following services: business planning, financial advice, budgeting, accounting, bookkeeping, financial statement analysis on a monthly basis, policies, systems and procedures, cash management, and governmental compliance.
Payroll Processing and Reports including W-2s and 1099s
A&C provides payroll processing on a bi-weekly or monthly schedule along with filing all payroll reports including end of the year reports such as W-2s and 1099s.
Personal Record Keeping, Bookkeeping and Bill Paying
A&C provides assistance to high net worth clients with personal record keeping and bill paying services.
Preparation of Compiled or Reviewed Financial Statements
A&C prepares compiled financial statements of private entities based on information provided by the entity’s management on a monthly, quarterly, or annual schedule. A&C staff strictly adheres to guidelines mandated by the American Institute of Certified Public Accountants to issue such statements.
Preparation of Personal Financial Statements
Personal financial statements can serve high net-worth individuals in a variety of ways. These financial statements can help those who are affluent to obtain loans, enter into various investment transactions, or develop financial plans. A&C staff strictly adheres to guidelines mandated by the American Institute of Certified Public Accountants for personal financial statement.