Our team of qualified professionals possesses the skills and experience to perform regular periodic financial statement audits for various entities and not-for-profit organizations. Our audits are performed based on auditing standards generally accepted in the United States of America and/or standards applicable to financial audits contained in government auditing standards. Our reporting is generally based on accounting principles generally accepted in the United States of America.
In addition, our professional team also has the qualifications, skills and experience to perform financial audits subject to Public Company Accounting Oversight Board (PCAOB) auditing standards and reviews of quarterly filings with the Security Exchange Commissions.
Our ERISA team is a group of professionals who specialize in performing Employee Benefit Plan audits. Each of our team members possesses the proper knowledge and skills through extensive training and experience to meet the demands of this highly regulated industry. Our team stays current on professional standards and developments; and ERISA and Department of Labor rules and regulations. In addition, our team maintains contact with the Department of Labor for complex issues and so goes with a team of outside consultants such as plan administrators and actuaries, custodians and ERISA counsels.
Our firm has a group of professionals that possesses sufficient knowledge of Part 31 of the Federal Acquisition Regulations (FAR). They possess the skills and experience to perform FAR rate audits for architectural and engineering (A&E) firms. Our audits are designed based on the audit and accounting guidance of the American Association of State Highway and Transportation Officials (AASHTO).
We also perform revenue and expense audits such as parking lots and concessionaires and other compliance audits as required by various governmental entities.
We perform agreed upon procedures to specified elements or accounts and perform specific tests and procedures by specified parties to provide clarity on a subject matter. We perform these services based on the American Institute of Certified Public Accountants (AICPA) Statement on Standards for Attestation Services (SSAE) for private companies or PCAOB Attestation Standards for public companies.
We perform compilation and reviews on a periodic and annual basis for various entities. Our compilation and review engagement services are performed in accordance with the AICPA Statement on Standards for Accounting and Review Services.
We perform reviews of the system of quality control for accounting and auditing practices and engagement peer reviews of Certified Public Accounting firms in accordance with Standards of Performing and Reporting on Peer Reviews established by the Peer Review Board of the AICPA.
We design and assist in the implementation of financial, accounting and internal control systems to assure that management has the necessary information available and controls to run the organization.
We prepare individual, corporation, S-corporation, partnership, limited liability companies, trust, estate, and not-for-profit tax returns. We are experienced not only on federal and California returns but on multi-state returns, territorial returns and various foreign disclosure forms (FBAR’s, Form’s 3520, 5471, 5472 and 8938).
Our focus has been to provide tax planning for various entities and their business owners to assure that the lowest possible tax liability can be achieved. Tax planning goes on throughout the year and in addition to advising clients on the tax effect of unusual transactions, we also advise on routine operations, methods of organization and estate planning. We also consult and assist with ownership transition transactions and its implementation.
We provide tax examination assistance for individuals and various entities, representing clients in front of the Internal Revenue Service, Franchise Tax Board and the California State Board of Equalization.
We participate closely in our clients' continuing financial and business affairs throughout the year. We consult with clients on various financial and business topics, including budgeting and general business planning.
We have worked on numerous special consulting engagements involving financial, accounting and tax issues for governmental, utility, not-for-profit organizations, and commercial entities. We have provided consulting work on internal controls for various organizations. We have reviewed construction claims and related labor burden and overhead pools, analyzed rate making cases, reviewed government contracts and associated regulations to assist in designing and implementing accounting systems, assisted attorneys in reviewing financial, accounting, tax and other related data for legal claims arising from lost profit claims, marital dissolution and other legal issues. We also assist buyers and sellers in mergers and acquisitions and divestitures.