Caliber Accounting Group offers a wide range of services to our individual and business clients. Our clients benefit by getting personalized quality service. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.
Fees for Services
Our fees are based on the experience and knowledge level of our professional staff working on each engagement. Our current hourly rates are as follows:
Partners - $220 - $275
Managers - $157 - $215
Supervisors - $150
Senior Accountants - $120 - $130
Staff Accountants - $88 - $110
Agreed-upon procedures are engagements in which we perform specified procedures and report findings to management. Agreed-upon procedures can also enhance the crediibility of the information you provide to third parties, such as banks, regulatory agencies, prospective investors, or prospective purchasers.
Audits of Employee Benefit Plans
We understand the complexity of performing employee benefit plan audits, including 401(k) and Profit Sharing Plans, and that's why we have a dedicated team of auditors that possess the specialized knowledge and experience to help ensure compliance with the appropriate standards and changes in regulations that may impact your Plan's audit.
Audits, Reviews and Compilations
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. Financial statements help owners and managers make operating decisions, allow creditors to evaluate lending decisions, and provide valuable information to investors. 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.
For non-attest clients, we also provide audit preparation assistance, including preparation of audit work paper schedules, tax provisions, and stock option fair value calculations.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Financial Forecasts & Projections
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.
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.
We use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.
Internal Control Review
Effective internal controls can improve operating efficiency, increase the reliability of financial reporting, and mitigate the risk of fraud. We can review your company's current procedures and suggest areas to improve and strengthen your company's system of internal controls, as well as assist with implementation of those suggestions.
Peer Review Services
We perform System Reviews and Engagement Reviews under the AICPA Peer Review Program for other CPA firms. Peer Review is now mandatory for all firms with accounting and auditing practices in the State of California. We have the expertise and knowledge to ensure firm compliance with all applicable professional standards.
Accounting Software Selection & Implementation
With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.
Business Entity Selection
Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Business Succession Planning
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.
Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.
Buying & Selling a Business
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
Certified QuickBooks Pro Advisor ®
We are a Certified QuickBooks Pro Advisor ®. We can assist you with the initial setup of QuickBooks for your business along with training on how to properly record transactions and how to use the software's reporting abilities to provide helpful information for management.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
Mergers & Acquisitions
Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations.
Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years.
Selecting an advisor to carry out the role of trustee for your trust is an important professional relationship that you establish. Whether you are looking for us to fill the role of trustee or assist in the trust administration by preparing annual trust accounting reports, we will work with you and your trust beneficiaries to carry out your wishes in a close and personal yet impartial manner to provide financial and emotional comfort to all regarding the security and administration of the trust assets.
Estate & Trust Tax Preparation
Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
Our experience with the taxation of U.S residents working abroad and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation.
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
Sales Tax Services
Many of our clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
Tax Planning & Preparation
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.
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