Are You Ready for an Audit?
If you've ever been through an audit, you know that
preparation is the key to success. The problem is that often small
business owners don't have their work papers in order and their staff
isn't qualified to do the job. It's expensive to ask a CPA* to do the
bookkeeping. Without clean numbers, the CPA cannot do the tax planning
because real-time financial data is not available or accurate.
GrowthForce Solution
After Congress passed Sarbanes Oxley, overhauling
the nation's rules governing corporate financial reporting, accounting
firms are busier than ever as companies continue to demand more
auditing services to meet the new regulatory requirements. Although
small business owners traditionally regard an annual audit and the
preparation of annual accounts as a cost center, at GrowthForce, we
strive to leverage the disciplines required of an audit into a benefit.
We can help you keep your financial statements accurate all year long.
How it Works
GrowthForce can make you, and your CPA, audit-ready 12
months of the year through our Virtual Accountant ' Services. Besides
helping small businesses meet the statutory requirements, we also take
the opportunity to conduct a review of financial internal control and
other management systems. The review often identifies potential problem
areas and opportunities to improve business performance. We discuss the
problems and opportunities with our clients and help them implement any
agreed upon solutions.
We see the preparation of annual reports as an
opportunity to enhance the external image of our clients. A well-prepared
report can have a considerable positive influence on the perceptions
of investors, potential capital resources, customers, prospects,
referral sources, and even a business' employees - which greatly
improves a business' prospects for the future.
Are You a CPA or Do You Work with One?
GrowthForce is a resource to the accounting
industry. We help CPAs, from sole practitioners to large, regional
accounting firms - to maximize their time and expertise more efficiently
through traditional bookkeeping solutions. With GrowthForce, CPAs can
rely on clean, timely numbers which makes it easier to prepare taxes
and provide accounting services. In addition, CPAs can provide more value
to their clients by leveraging our CFO tool kit and Small Business
Consulting services as a new service they can deliver to their clients.
GrowthForce Solution
Clients can outsource their bookkeeping to GrowthForce and their
CPAs will get accurate numbers to be able to provide more efficient
tax returns and financial report s. Being a "GrowthForce Affiliate"
gives CPAs a new way to provide accounting and consulting services, including
advanced QuickBooks' System Design, that leverages technology and
best practices.
How it Works
The CPA serves as a client liaison and has the opportunity
to earn a client management fee if that service offers value to the client
relationship.
The CPA receives a quarterly financial package and executive
dashboard report to review with the client when discussing quarterly
estimates.
The CPA can also leverage our more than 25 years of
experience working in professional services to help CPAs grow their
practices. Let GrowthForce show you how our QuickBooks' System Design,
Outsourced Bookkeeping and Small Business Consulting services can improve
cash flow and provide a unique response to help your firm and handle more
profitable business.
* GrowthForce is not a CPA firm. Accounting services
provided by a GrowthForce affiliated CPA firm.
1 Fuquay, Jim. "Financial Reporting Law Means
Business." Star-Telegram. 25 Sept. 2006. Business. 24 Oct. 2006
<http://www.dfw.com/mld/dfw/business/15603321.htm>.
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