We’ll Help You Keep Track of the Numbers
Entrepreneurs and growing businesses often need assistance in understanding the ins and outs of financial record keeping, yet cannot afford to hire full-time personnel with this needed expertise. For the business owner, running a business is complex with many demands for their time, but people are not all experts at handling their money. Today, virtually everybody needs some professional guidance.
Understanding bookkeeping vs. accounting
Sometimes people confuse bookkeeping and accounting, both different but critical financial services. Bookkeepers keep the financial records, prepare financial reports for tax and accounting purposes, and perform other tasks ranging from bank reconciliations to payroll. Accountants interpret the information and determine how best to use that information in business and tax planning. Brumlow & Co can help you with both.
Although you may have software like QuickBooks, your time may be better spent marketing and operating your business than recording financial transactions. Our bookkeeping team members are experts at tasks including budget management, recordkeeping, financial statement preparation, bank reconciliations, payroll, and other financial functions. We’re QuickBooks Certified ProAdvisors, so we dive into your current account or set up QuickBooks for your business.
Make more educated business decisions
When you need an independent financial review for regulatory compliance, stakeholder satisfaction, or loan acquisition, we can assist. As your independent advisor, and in conjunction with our sister brand BJM CPAs for audits, we work with you and your management team to leverage that financial information to increase efficiency and profitability. We carefully review your data, make recommendations for improvements, and help you look ahead with projections and forecasts.
Our auditing services include:
- Audits, reviews, and financial statement compilations
- Agreed-upon procedure engagements
- Compliance audits and examinations
- Payroll compliance and reporting audits
Our goals are twofold. First, we strive to as unobtrusively as possible perform the engagement so you and your team can go on with business as usual. Second, we want you, your management and board, and all users of your financial statements to have a high level of comfort that these reports meet corporate governance and auditing standards.