Business Continuity and succession of ownership planning

Business Continuity and succession of ownership planning

Business Continuity & Succession of Ownership Planning Having a plan established for succession of ownership is an essential step to ensuring that your business’ future is secure.  For business owners, the legacy of your business depends on having the best...
Internal Control and Systems Evaluations

Internal Control and Systems Evaluations

Internal Control & Systems Evaluations Internal controls are the policies and practices established to protect an organization’s assets, ensure accurate financial reporting, and facilitate that goals and objectives are effectively accomplished.  To...
Fixed Assets System Implementation

Fixed Assets System Implementation

Fixed Assets System Implementation Fixed assets often require additional attention because of the complicated tracking and documentation that they require. Fixed assets are constantly changing; therefore, it is essential to establish systems to monitor the...
Cost Allocation Plans

Cost Allocation Plans

Cost Allocation Plans Cost allocation is an important step in financial reporting and understanding business profitability. Whereas budgeting determines how much money you spend, cost allocation indicates how you spend money, by assigning costs to cost objects. HBC...
Compilation and Review

Compilation and Review

Compilation & Review Compilation HBC CPAs can generate formal financial reports prepared from accounting records. These statements may include a balance sheet, statement of retained earnings, statement of income and a statement of cash flows. Review An unaudited...
Audits

Audits

Audits Financial statements summarize the financial status and results of operations of a business entity. HBC CPAs provides formal financial reports prepared from accounting records. Those statements may include a balance sheet, statement of retained earnings,...