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I.  Accounting and Auditing Services   

   A.     Accounting and Assurance

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

•           Computerized payroll services

•           Business tax return preparation (Sales & Use/Business Property)

•           Personal financial statements

•           Litigation support

Our teams utilize the latest accounting practices and audit methodologies to help you manage risk, stay compliant, and improve overall business performance.           

B.    Auditing and reviews

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on all three levels of assurance:

  • Audit- an intensive examination with the highest level of assurance
  • Review - some analytical procedures conducted with limited assurance
  • Compilation - based upon client information provided and used primarily for internal use  

C.    Financial Statements and Balance Sheet

We review your financial records and prepare complete and accurate financial statements of your entity's financial performance. Adding our additional consulting services we can identify problem areas and recommend areas of change that would improve the overall operating results.

In some cases financial records are incomplete and require additional research or forensic accounting to be performed, to create the appropriate data base which can support verifiable financial statements.

Our Financial Statement Preparation and Financial Record Consulting Services Include:

  • Forensic Accounting
  • Analysis and review of financial statements
  • Account Reconciliations
  • Balance sheet audits
  • Management report setup
  • QuickBooks Training      

D.    Cash Flows Analysis and Budgeting

Cash flow analysis provides our clients with a clear perspective on how various accounts and activities of the business affect cash.  We provide our clients with a user-friendly model which enables them to input a variety of scenarios to project future cash balances and financial positions.

Benefits to Our Clients

Cash flow analysis helps determine if the client need outside financing. It provides a tool to plan for future obligations and growth. It also identifies the areas where cash can be conserved. We have cash analyst experts that help our clients manage their cash during seasonal business fluctuation.               

II. Tax Planning and Preparation        <  Top >

  • Corporate Taxes
  • Individual Taxes
  • Non Profit Organization Taxes
  • Businesses and Franchise Taxes 

III. Consulting Services                    <  Top    >     

     A.   Business Consulting

In the ever-changing business world, one thing remains constant: the relationship that you build with Khan & Associates, CPA and the faith that you put on your firm to get the job done, and get it done right.

Our accounting and auditing teams are highly experienced, hands-on problem solvers who hold themselves to an extraordinarily high level of performance. You can trust them to have the understanding and the resources to do what's best for your business. They can expertly guide you through the accounting and auditing process, as well as keep you abreast of industry changes regarding corporate governance, audit and accounting issues, and financial reporting that may affect your business.  

     B. Financial Planning Consulting 

     C. Tax Planning Consulting 

     D. Financial Forecasts 

     E.  Buying and Selling Businesses 

IV. Other Services                               < Top >

  • Payroll services
  • Sales Taxes
  • International Taxes
  • Retirement and Social Security Planning
  • IRS Representation


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