Accounting Services
The professionals at CostaRothbort are accounting specialists who are masters at providing strategic business advice, helping our clients improve their business results, save taxes, meet compliance requirements, improve efficiency and enhance profit. We go well beyond basic accountancy to the nuts and bolts of our clients’ financial futures.
Our business relationships are founded on making the complex processes understandable, from financial statements to the development of budgets to forecasting to other management decisions. We recognize that businesses at all stages of their development have differing requirements for advice and accounting services. Our expertise spans the early stages of fledgling companies to long-standing and established businesses.
Audit & Assurance
The professionals at CostaRothbort approach audit and assurance engagements from an inclusive perspective; we know that businesses require far more from their auditors than the traditional audit. Our services are based on relationships and a thorough knowledge of each client’s business entity and industry. We gain a meticulous understanding by gathering input from owners and management, taking a team approach to the work and ensuring continuity of staffing.
Our audit and assurance services will satisfy stakeholders that financial controls are in place to safeguard business assets and reassure management that they are making decisions based on reliable information. We conduct regular reviews of our audit processes to ensure best practices, while providing the most cost effective procedures, which includes the use of the latest audit software.
Payroll Audits
The professionals at CostaRothbort who conduct payroll audits comprise a practice group dedicated to helping our Taft-Hartley Benefit Fund clients determine that they are receiving the proper amount of employer contributions on behalf of their participants.
Our Accounting and Audit services include:
• Reporting on audited, reviewed and compiled Financial Statements
• Agreed-upon procedures reports
• Reporting on specified elements, accounts or Items of a Financial Statement
• Reporting on existing internal controls
• Internal control design and review
• Compiled or examined financial projections and forecasts
• Implementation of new accounting pronouncements
• Compliance reports on laws, regulations and contracts
• Specific transactional assistance
Management accounting focuses on the measurement, analysis and reporting of information that can help managers in making decisions to fulfil the goals of an organization. In management accounting, internal measures and reports are based on cost-benefit analysis, and are not required to follow the generally accepted accounting principle
Tax accounting in the United States concentrates on the preparation, analysis and presentation of tax payments and tax returns. The U.S. tax system requires the use of specialised accounting principles for tax purposes which can differ from the generally accepted accounting principles (GAAP) for financial reporting.
Depending on its size, a company may be legally required to have their financial statements audited by a qualified auditor, and audits are usually carried out by accounting firms.