Business Tax Planning and Preparation HBC CPAs provides complete and diversified tax services including federal, state, and local tax return preparation. We understand the challenges that businesses face. At HBC CPAs, we are knowledgeable about the constantly changing...
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 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 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 & 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 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,...