CONCIERGE ACCOUNTING SERVICES
accounting. personalized.
Think of us as your personal business concierge. Our clients get the benefit of discussions, texts, and emails at no additional cost. We become a strategic and vital financial resource for our clients for all their important financial decisions. They are fortunate to get prompt answers to all their accounting and business-related questions which helps them make the right decisions at the right time for their business. We are located in Scottsdale, Arizona but serve clients in Phoenix, Scottsdale, and the surrounding areas.
MONTHLY BOOKKEEPING
No more time wasted on bookkeeping tasks. We record and reconcile all your transactions monthly. Â We will provide internally prepared balance sheets and profit and loss statements from your accounting system so that clients can see trends and plan for the future. Â We will also prepare monthly sales tax returns if requested.
ATTESTATION SERVICES – AUDITS, COMPILATIONS, & REVIEWS.
Stockholders, lending institutions, creditors, board members, and private investors-often need assurance that the financial statements accurately represent the true financial position of a company.
These groups have different levels of risk tolerance, so we provide three levels of assurance to meet your needs.
INCOME TAX PLANNING, PREPARATION
& IRS REPRESENTATION.
We stay up-to-date on all the regulatory and legislative developments so you don’t waste time and energy trying to make sense of all the income tax complexities. We can assist you with income tax planning, preparation and IRS audit correspondence and representation.
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​In our CPA firm, we combine state of the art technology and experienced tax preparers to provide you with excellent service. We customize the tax experience to the way that works best for you. From secure online portals, private internet, and secure emails we use technology to make the tax process easier for you. For those of you who prefer paper, we do that too. All clients may drop off, fax or e-mail their income tax documents to us and schedule an appointment at any point in time. And we don’t just prepare returns. We analyze them and look for the best tax outcome. We’ll identify opportunities for a more tax-efficient business operation and ways to potentially minimize tax payments.
MANAGEMENT ACCOUNTING
We approach all our business and consulting engagements like an upside down triangle. We don't just focus on your bottom line. We work with you dissecting all components and aspects of your business to help you achieve your business goals.
ADDITIONAL SERVICES
Internal Control Awareness, Design & Implementation
Fraud Awareness
Creation of Policies & Procedures
Financial Education
Audit Preparation
Public Speaking
Quickbooks & Peachtree Training, from A Quickbooks Pro Advisor
Custom engagements and projects to meet your needs
MENU OF SERVICES.
perfect for you.
BOOKKEEPER.
Accounts Payable
Accounts Receivable
Cut Checks
Reconcile Bank Accounts
Reconcile Credit Cards
Journal Entries & General Ledger
Monitor Cash Levels
Sales Tax
CONTROLLER.
Bookkeeping
Day-to-day Execution
Cash Flow Analysis
Budgeting
Forecasts
Write Checks
​Payroll
Payroll Taxes
Vendor Selection & Negotiation
Internal Financial Statements
CFO.
Bookkeeping
Controlling
Daily Cash & Sales Monitoring
Accruals & Prepaids
Monthly Financial Statements
KPIs
Analytics
INCOME TAX PLANNING AND IRS AUDIT SITUATIONS
INCOME TAX PLANNING
Income tax planning is one of the most important services we provide.  In business, most major decisions have tax implications. We make it a priority to work collaboratively and proactively with our clients to consider the tax impacts of their decisions. We ask some key questions, did you like the outcome of your last year’s return?  Did you get a large refund?  Did you owe a lot in taxes? What is your perfect tax scenario?  We work with you to get you into a more neutral tax situation while educating clients on current tax laws, IRS hot buttons, and other items.  We ideally like to do this once a year.
IRS AUDIT SITUATIONS
We provide our clients confidence that if they receive any correspondence from the IRS or a State tax agency we will explain the notice, calm fears and find the quickest resolution possible without them ever needing to deal directly with a tax agency. Â Our priority is to resolve problems before they become larger issues, even if we did not prepare the return in question. We start by helping to gather information responsive to the inquiry, and this is typically where it ends. If an inquiry progresses, we help dispute or obtain an abatement of penalties if appropriate. Â For those with delinquent returns, we focus on getting returns filed and calculating back taxes. If necessary, we help our clients enter into installment agreements to pay back the IRS.
ATTESTATION SERVICES.
Attestation Engagements - What in the world do these mean? In non-accounting speak, it means an engagement where we do a formal report for the end user. There are three types of engagements and they are ranked from low to high.
AUDIT.
Highest Level of Assurance
An audit is a methodical review and objective examination of the financial statements, including the verification of specific information as determined by the auditor or as established by general practice.
Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.
REVIEW.
Limited Assurance
Less extensive than an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures we apply to the financial statements, and various inquiries we make of your company's management team. If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures.
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Why might a business request a review engagement? It can be a good middle ground, providing the advantages of a CPA's technical expertise without the work and expense of an audit.
COMPILATION.
Lowest Level of Assurance
In compiling financial statements for a client, we present information that is the "representation of management" and expresses no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business.
Banks often require compilations from an independent CPA as part of their lending covenants.