Client Accounting Services
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
- General ledger & financial statement preparation
- Bookkeeping (Monthly/Quarterly/Annual)
- Accounting system setup for new businesses
- Personal financial statements
Financial Statements Preparation
We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.
Audits differ from reviews and compilations, as they are an intensive examination of your company’s systems and records. KM&M approaches audits constructively, concluding each engagement with recommendations on how to improve our client’s management information, internal control systems and procedures – with our goal being to ultimately improve your bottom line.
Reviews provide a limited assurance that financial statements are free of material misstatement. The limited assurance is derived through inquiry of management and key employees as well as analytical procedures performed on financial information. Through these procedures, KM&M looks to enhance the value of the engagement by identifying any opportunities for efficiency and improvement that would be identified by our review procedures.
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. Compilations differ from reviews and audits as they are based upon client information provided and used primarily for internal use only as no assurance is expressed.
Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company’s financial goals.