Services

---

ACCOUNTING AND ASSURANCE SERVICES

Preparation of Financial Statements

Agreed Upon Accounting Procedures

Focus on specific agreed upon areas and subject matter. 

Compilations

A compilation, or brief report,  informs a lender or other outside party that your financial statements are appropriately prepared in accordance with GAAP.  No assurance is provided with this service. 

Reviews

A review provides limited assurance that no material modifications are needed to make your financial statements compliant with GAAP. The report we deliver includes a full set of financial statements and note disclosures, but no opinions.

Audits

The highest level of assurance which thoroughly examines the completeness and accuracy of your financial statements through customized risk-based audit procedures and testing. The deliverable is our audit opinion, a full set of financial statements, and note disclosures.

CONSULTING AND ADVISORY SERVICES

Budgeting, Cash Flow Analysis, and Forecasting

Accounting Software Selection & Implementation There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future, while also providing a necessary level of security, is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans, and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business..

Internal Control Assessments We perform procedures to assess your internal control systems (ex. evaluate segregation of duties, inventory controls, etc.) and evaluate the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by addressing any inefficient or ineffective operating procedures we find; as well as assisting in documenting policies/procedures and training. 

Internal Audit function outsourcing services, control testing for financial and information technology controls, risk assessments, advisory services, control assessments, policies and procedures, Sarbanes Oxley, and fraud assessments

Financial Advisory and Consulting Services for Homeowners Associations:

• Assisting in the format and content preparation of the association’s annual operating budget
• Ensure the association is in compliance with the requirements of budgeting and accounting for reserves for future capital expenditures and deferred maintenance, if established
• Helping the board fulfill its fiduciary responsibilities by assessing the adequacy of the association’s accounting procedures and internal controls
• Advising the board on the methods available for establishing or funding reserve and deferred maintenance funds
• Advising the board regarding matters relating to the developer and turnover of control of the association
• Assisting the board of directors in determining that a proper exchange of records occurs when there is a change in management companies
• Consulting with management and the board regarding the association’s computerized accounting operations, software and hardware, banking, cash management, and investments
• Interim financial statements or reports during the course of the association’s fiscal year
• Assistance with the adjusting and closing of its books and records
• Assisting the association with accounting for damages caused by a disaster such as a hurricane or flood, including proceeds from insurance claims, and how the funds are spent
• Assisting the association in maintaining separate accounting records for special assessments