Since 2014 Arch Accounting has provided business consulting, tax and audit services to our clients in various industries. We bring large firm experience and tailor it to small business and individual needs. In addition, we provide review and compilations and have experience with non profit accounting and informational returns.
Often required when applying for a loan, bank and other creditors
require an entity to go through an audit or a review.
An audit is the highest level of assurance an independent CPA can provide.
During an audit an independent CPA gets a better understanding of how the
business operates it’s day to day activities and internal control procedures.
During an audit CPAs also make sure the business is in conformity with Generally
Accepted Accounting Principles(GAAP)
A review provides limited assurance; however, it still provides more insurance
than a compilation. During a review CPAs check for material misstatements and
make sure the business is in conformity with GAAP.
A compilation provides no assurance. During a compilation
the CPA assists in the preparation of a businesses financial statements.
As a business owner your efforts should be concentrated on where they are needed most.
Outsourcing accounting can free up the individual who is in charge of the day-to-day
activities. Arch Accounting can be in charge of bookkeeping and can do monthly/quarterly
meetings with the businesses in order to discuss what areas should be concentrated
more heavily in order to make the business as profitable as possible.
With all the payroll filing requirements it is best to outsource payroll to payroll
service companies. Arch Accounting works with multiple payroll service companies in
order to ensure your staff is always paid on time and you stay compliant with the ever
so evolving rules and regulations.
Taxes are a huge part of any business and individual.
Having the right tax strategy can make or break a business.
Developing the right strategy is key to success.
The initial step in tax planning is figuring out how your
entity should be structured. At Arch Accounting we can advise
you on what type of entity is best for your business and handle
all the initial steps in setting up the entity.