Upon assessment of your specific needs, I will present an engagement letter that will outline the scope of the services I will provide, along with an all-inclusive fee.  If, during the engagement, you request additional services outside this scope, I will provide an amendment to the original letter with any changes to the fee structure. 

The following are summaries of the services available.  As every client is unique, these services will be tailored for your specific needs.  Billing arrangements can be either as incured, or on a retainer basis for a discounted amount:

• Year-end assistance with financial statement engagements: includes preparation of specific schedules necessary for your CPA firm’s use, GAAP basis financial statement and required footnotes (other bases of financial statements can also be provided), coordination of year-end fieldwork with your CPA firm, and continued support during the engagement with CPA firm personnel and your employees.

• Year-end assistance with income tax preparation engagements:  includes performing and assisting client staff with year-end closing and posting of adjustments to your general ledger, providing schedules to your CPA firm that are specific to the tax return preparation, and continued support during the tax return preparation process with CPA firm personnel and your employees.

• Monthly accounting and controllership functions: includes performing and assisting client staff with monthly closings and preparation of monthly financial statements, preparation of borrowing base calculation for line of credit financing requirements, maintenance of fixed asset depreciation, performing monthly cash flow statements, calculating monthly operating ratios with comparison to historical and benchmark figures.

• Project-based consulting engagements: includes performing lease vs. buy analysis for significant equipment acquisitions, setting up fixed assets on depreciation software and training of staff to maintain, review your current accounting system for possible cost-effective improvements to internal controls, calculate GAAP required treatment of equipment leases as operating or capital, assist staff with preparation of streamlined monthly and year end closing process and standard journal entry templates, set up of budgets and forecasts and training of staff to maintain.