ACCOUNTING COMPLIANCE

At the Stefanou CPA Group we develop a cost sensitive approach to all of our engagements.  You can expect the required compliance issues - tax filings and financial reporting - in a concise and expedient matter.   Financial compliance work is preformed to the standards of care based upon the Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).

You also have available the assistance to prepare monthly and or quarterly interim reports, payroll filings, tax notice, interfacing, budgeting and projections.

Services are not based upon a pre-determined plan.  Alternatively, a comparison of the needs and desired outcomes of these services will be the costs and benefit you will receive.

Many of the readers and institutions in and around the Washington DC metro area have come to rely on our compliance work for decades now.  We have developed a reliable reputation with the local Bank, Bonding companies, IRS offices, State income personal property and sales and use tax divisions to mention just a few.

Our firm recognizes the objective of the engagement is the first order of business to asses.  Who is the reader of the financial reports? What are their expectations? Does the preliminary analysis lend themselves to meet these objectives?  If not, what would be the point of needlessly utilizing the clients’ resources if the objectives cannot be met?

A more thoughtful approach would be to help the client restructure there business plan in order to prospectively build their financial reporting outcome.  

A careful and through analysis of the clients business and or personal financial plan is where it all starts.  From there, alternative courses of actions can be discussed with risk assessments and probable outcomes to review.  Together with our clients we would strive to see these actions materialize.