Bank loans, debt, interest and assets are essential elements of your business’s financial structure. A CPA can help you develop a powerful business plan, and then bring that plan to life with the proper options. Your CPA’s financial expertise can help you determine how much debt your company can handle; the pros and cons of a loan vs. a line of credit; and how to seek financing from investors. Abdoulaye Bakayoko , CPA offers a full Accounting cycle including Accounting, Bookkeeping, Tax services, Tax Help, Tax Preparation, Tax Services, Tax Planning and Payroll services to Small Business and individuals in the greater Houston Texas area, In New York and Abroad.
The organizational structure of your business is an important consideration. It will have an impact on operating efficiency, personal liability, taxes and the way you report business income, and a CPA can help you choose the optimal structure for your business. Your CPA also can provide sound advice about insurance, commercial property, establishing a board of directors, disaster planning (to protect your data and assets) and succession plan development. In addition, a CPA can advise you on your plan, from job descriptions to strategic hiring to financial — and perhaps familial — considerations. CPAs with the Internal control assessment
Obtain limited assurance as a basis for reporting whether the accountant is aware of any material modifications that should be made to the financial statements for them to be in accordance with the applicable financial reporting framework ( GAAP or IFRS), primarily through the performance of inquiry and analytical procedures.
Apply accounting and financial reporting expertise to assist management in the presentation of financial statements and report in accordance with this standard without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements in order for them to be in accordance with the applicable financial reporting framework. Financials institutions and lenders usually required compilation from an independent CPA.
Prepare financial statements pursuant to a specified financial reporting framework. Also know as Preparation engagement; No report will be issued for this engagement. Our role is to assist client to prepare their financial statement. This service is recommended when we perform your bookkeeping and accounting services. This is Primarily for your own use.
Our Business consulting services also includes Business Plan preparation, Cash flow statement preparation, budgeting, Training, Personal Financial statement, new business formation, internal control assessment, IRS audit Representation.
7171 HIGHWAY 6 NORTH SUITE 200-O,
HOUSTON, TX 77095