Our firm offers the traditional compliance services offered by most CPA firms, including:

1. audits of financial statements,
2. reviews of financial statements,
3. compilations of financial statements, and
4. other attestations not necessarily related to financial statements.

• Tax services

1. return preparation for
1. federal,
2. state,
3. local,
4. property,
5. estate, and
6. gift taxes.
2. tax planning for :
1. corporations,
2. individuals,
3. estates, and
4. trusts.
3. compliance reporting for:
1. payroll and withholdings,
2. employee benefit plans, and
3. other state and federal information return

Our Entrepreneurial Services Program is designed to provide our smaller clients the range of accounting and business advisory services for which they may lack the time, the experience or the expertise to perform for themselves. We offer these entrepreneurs several levels of service, depending upon their individual needs, as follows:

• Basic Accounting includes:
1. processing payroll checks and maintaining payroll records,
2. preparing monthly or quarterly general ledgers,
3. preparing interim financial statements and payroll tax returns, and
4. reconciling bank accounts.

Source data for Basic Accounting is provided to our ESP service team via copies of checks (or check stubs), copies of invoices (or registers), payroll hours summaries, and a cash receipts journal, all of which we design to meet each client’s specific needs.

• The Checkbook SolutionÒ is a simple checkbook system that permits clients to prepare checks and record cash receipts to maintain their checkbook balance on a personal computer. Additional modules of The Checkbook SolutionÒ are available for processing and maintaining:

1. Accounts receivable,
2. Accounts payable, and
3. Payroll.

The Checkbook SolutionÒ clients provide our ESP team a diskette with the recorded transactions at month-end, thus reducing the cost for data transcription. The ESP team processes those transactions and prepares general journal entries to produce the general ledger and financial statements.

• The Information Outsource expands the Entrepreneurial Services Program to permit interested clients to completely outsource their accounting and information processing functions. The Information Outsource includes:

1. Selection and installation of personal computers to serve as work stations on the client’s premises;
2. Connection of those workstations via the Internet to a network server on our premises;
3. Installation on the network server of MAS 90Ò , a mid-range accounting system, which may include various combinations of the following applications, depending upon the clients needs:
1. accounts receivable and invoicing,
2. accounts payable and cash disbursements,
3. payroll,
4. general ledger and financial statements,
5. sales order processing,
6. inventory management, and
7. purchase order processing;
4. Data transcription and processing services by the ESP team on the client’s premises, as required to meet the client’s day-to-day operating requirements;

Alternatively, The Information Outsource clients may elect to perform their own data transcription and report processing after appropriate training by the ESP team.

• Part-time Controllership permits clients who have adequate in-house systems and accounting personnel to support day-to-day operations but lack the expertise to perform planning and financial management functions, to avail themselves of that expertise on a part-time basis. Part-time Controllership provides a member of the Firm’s professional accounting team for:

1. Supervision of month-end closing functions,
2. Review and analysis of financial statements,
3. Preparation of cash flow projections and other analyses, and
4. Other controllership functions, as requested.

As our clients need increasingly sophisticated accounting and reporting systems, the Firm offers project and ongoing assistance in the following areas:

• Profit Improvement Planning, which includes:

1. formalizing annual budgeting processes;
2. assisting in the determination of annual objectives;
3. utilizing Targeting Business Resultsã , or similar software, to determine the profit improvement potential of various alternatives;
4. developing the annual business plan;
5. preparing cash flow projections;
6. developing key performance indicators; and
7. training management personnel in the interpretation and use of profit improvement reports.

• Strategic Planning, which includes:

1. completing the Business Development QuestionnaireÓ ;
2. facilitating management’s efforts in

1. analyzing strengths, weaknesses, opportunities and threats,
2. developing strategic product/service objectives, and
3. summarizing the strategic plan;
4. utilizing Focus for Resultsã to assist management in setting priorities;
5. facilitating client/customer advisory boards;
6. systematizing key processes to provide information necessary for successful implementation of the strategic plan;
7. training operations and administrative personnel in the use and implementation of the plan;
8. utilizing Targeting Business ResultsÓ or other software to prepare quarterly productivity analyses; and
9. conducting quarterly performance reviews with management.

• Business Process Reengineering, which includes:

1. reviewing and documenting existing systems and processes;
2. recommending processes to be replaced, reengineered or eliminated;
3. defining hardware and software requirements;
4. evaluating hardware and software proposals and recommending solutions;
5. managing the systems installation and conversion processes;
6. documenting new systems and processes, as required; and
7. assisting in user training and support.

Business Planning projects are tailored to the needs of each client and may require long periods of time to complete, in some cases as much as a year or more.

1. post-retirement planning for the costs of aging,
2. analyzing long-term care options,
3. monitoring Medicare developments and claims, and
4. managing and protecting personal assets.

FiscalCare services are specially designed for elderly and/or disabled clients who are unable or no longer care to administer their personal financial affairs.  These services fall into two categories:

1. Consulting services, which are coordinated with our investment planning and asset management services and designed to assist the FiscalCare client and his or her family in:
   
   i.   preparing an inventory of assets and obligations,
   ii.  cataloging existing sources of funds and cash requirements,
   iii.  identifying additional benefits for which the client may be eligible,
   iv.  identifying opportunities to improve return on the client's investments,
   v.   evaluating the need for medical and long-term care insurance, and
   vi.   tailoring near-term and long-term financial plans to meet the client and his or her family members' needs;
   
2. Continuing services, where our client advocates care for the client's day-to-day financial needs by:
   
   i.    recording and depositing funds,
   ii.   reviewing mail and processing bills for payment,
   iii.   preparing cash disbursements,
   iv.   managing and reconciling bank and investment accounts,
   v.    monitoring and reporting progress against the near-term plan,
   vi.   accounting for long-term assets and obligations,
   vii.  assisting in preparation of applications for benefits and credits,
   viii. assisting in submission of and monitoring payment of Medicare and other insurance forms and claims, and
   ix.  preparing state and federal income tax returns.
   
   

Business valuation services are a systematic process of arriving at an opinion regarding the estimated value of an ownership interest in a business at a particular point in time. Among the reasons for determining such value are:

• purchase or sale of the business or segment thereof,
• buy/sell agreements,
• personal financial statements,
• Employee Stock Option Plans,
• obtaining financing,
• estate/gift planning and tax returns,
• charitable giving,
• mergers and acquisitions,
• marital dissolution,
• corporate or partnership dissolution,
• lawsuits.