Tax Preparation
Our firm specializes in providing professional and personal tax preparation services. We focus in particular on individual and families, small businesses, and ensuring each client receives all tax credit they qualify for. Our goal is to make the tax process as smooth and stress-free as possible, with a focus on attention to detail and exceptional client care.
Bookkeeping & Payroll
We offer a variety of bookkeeping and payroll services which can be customized and combined to meet the needs of your business. These services monthly reconciliations, quarterly sales and excise tax filings, biweekly, semiweekly, or monthly payroll processing, and federal and state payroll tax management.
Compilation & Preparation Services
In a compilation engagement, the objective is to assist management in presenting financial information in the form of financial statements without undertaking to provide any assurance that are no material modifications that should be made to the financial statements so they will conform to the acceptable financial reporting framework Further options are the statement of cash flows, and disclosures or footnotes may or may not be included. A preparation service is providing financial statements without any attest or opinion in the statements.
Audit
An audit provides the highest level of assurance a CPA can provide. The purpose of having an audit is to provide financial statement users with an opinion by the auditor on whether the financial statements are prepared in accordance with the proper financial reporting framework. An audit enhances the degree of confidence that intended users, such as lender, investors, grant makers, members, the general public, or taxpayers can place in the financial statements. The auditor obtains reasonable assurance about whether the financial statements as a whole are free from material misstatement, and whether the misstatements are from error or fraud. These services require significant time and are therefore the costliest of the Attest services. As an additional benefit, the auditor may become aware of some deficiencies in internal control or weaknesses in the organization’s systems and offer suggestions for improvement.
This firm focuses on North Carolina Alcoholic Beverage Control and non-profit organizations. With over 25 years of prior experience in auditing a wide variety of nonprofits, ABC Stores, Volunteer Fire & EMS departments, Sanitation departments and Sanitary districts.
Agreed Upon Procedures
Agreed Upon Procedures (AUP) are most commonly used to obtain or increase the limits for a North Carolina Contractors License. Other AUPs include work for HOAs, Social or Recreational Clubs, and Golf Resorts. An AUP is an agreement where the client decides on the specific procedures the accountant is to do. A report is then issued showing the findings for each procedure. This type of service can cover almost all attest services rather than an audit.