Receive expert oversight for financial operations, tailored accounting solutions, and seamless digital transformations. Now you can examine a company and see what it’s worth (on paper) and where the value lies. Google has no “inventory” (ever bought an off-the-shelf product from them?) but has a lot of cash, investments, and equipment.
Taxation Services
- Contact us to discover how we can optimize your financial processes and provide you with more clarity over your numbers.
- It was a pleasure working with her and our Board of Directors expressed their own appreciation for the quality of the work that Kristy has accomplished for our organization.
- Simplify your taxes with our broad range of taxation services for both individuals and businesses.
With a solid educational background, extensive work experience in various accounting domains, and a well-rounded set of skills, I am equipped to provide exceptional accounting services to my clients. My diverse industry exposure allows me to approach each client’s needs with a unique perspective and tailor my services to help them achieve their financial goals. Our financial statement preparation services deliver compiled financial information that is accurate, reliable, and in line with what most lenders or stakeholders will request annually for your small business. These financial statements are also beneficial for management oversight and future decision making. Compiled financial information helps to show your business operations are supported by trustworthy financial data. Banks, business deals, and board of directors are just a few of the parties involved that may need an auditor’s opinion of your business’ financial statements.
Professional Financial Statements for Your Business
This exposure has provided me with valuable insights into the unique challenges faced by small to mid-sized businesses in different sectors. I am adept at adapting my accounting strategies and approaches to meet the specific needs and requirements of each industry. ALOE is a local, progressive, CPA firm with a vision to provide our clients, big and small, with tailored, high-quality services for an affordable price.
- Not a good sign — if you liquidated the company today, it couldn’t pay off its debt.
- Secure digital storage of invoices and receipts makes accessing historical financial data effortless.
- Now our company has \$250, but \$150 belongs to the bank and \$100 belongs to the owners.
- Aloe Accounting has been responsible for our audits for the last three years and we can’t say enough about the service we received from Kristy and her company.
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When I went to Kimberly, everything was honestly a mess, and she was so great at cleaning everything up, explaining any questions I had, and overall, has been a life saver. We customize solutions to your needs, ensuring accurate reporting and compliance for informed decisions. Now our company has \$250, but \$150 belongs to the bank and \$100 belongs to the owners. Sorry guys — you can’t take out a loan and make your share of the company more valuable.
Kimberly meticulously guided me through the bookkeeping process with a step-by-step approach which allowed me to set long term financial goals! I receive quarterly updates that make doing taxes a breeze and stress free. Now, as a Certified Xero Advisor and QuickBooks Online ProAdvisor, I’m dedicated to providing personalized bookkeeping solutions that empower business owners to know their numbers in order to grow their business. Blockbuster, for example, has 2.5B in assets but 1.9B is owed to others (saved balance sheet here). In fact, it has 700M in “intangible assets”, so it actually has a negative amount of real, tangible assets. Not a good sign — if you liquidated the company today, it couldn’t pay off its debt.
Precision and Proficiency: Meet Our CPA Firm
Check out our favorite programs and recommendations for your business, from banking to bookkeeping. Kimberly is very organized, responsive and friendly, and I am free of the stress of bookkeeping knowing that she is on top of it all. Migrate seamlessly to cloud-based accounting software, integrate third-party apps, and provide specialized training for modern accounting tools.
There’s very little debt and other liabilities, so it seems like a very stable company on paper; they won’t be going bankrupt anytime soon (there’s other documents that show how profitable the company is). Accountants try to quantify items like this with intangible terms like “Goodwill”, but it’s not easy. In reality, most companies are worth several times their reported assets; Google’s market cap is over 10x the book value (but read more about stocks to see why market cap is not quite right). The company has \$100 in short-term investments, and the owners have \$100 worth of stock (how ownership is represented in a company). I started a Photo Booth business and had no idea what it entailed when it came to bookkeeping or organizing my books.
Reliable Financials
But accounting isn’t about math — it’s about concepts, and some had me confused. Accounting has simple and surprisingly elegant ways to track a business. Whether you are an entrepreneur or a small business, we take care of your finances so you can focus on the parts of your business that you actually enjoy. Specialized Audits, Financial Statement audits, and Review engagements. Full-cycle bookkeeping, payroll processing, year-end journal entries, etc.
The most important thing to remember is that both sides of the accounting equation must be equal. Furthermore, technology has now allowed us to perform certain tasks efficiently and effectively. Being Quickbooks certified, we capitalize on the right technology to complete the job quickly and correctly to minimize client costs. We abide by the CPA code and CRA regulations to ensure no surprises. All our work is performed with complete transparency and due diligence with pleasant, honest, and professional communication every time.
This has saved us hours a week in the office, as we no longer need to manually input timesheets, and allows us to track our jobs, tasks and costs much more efficiently and accurately. Shift your focus to operational excellence and growth with timely, detailed financial reports via secure client portals. Assets are broken into short-and long-term categories; the company is worth about \$18 billion on the books (as of Dec 2006). You work hard to build your unique business and that is why we tailor our services to your specific business as well. If you’re looking for a dedicated and knowledgeable CPA who is committed to delivering excellent service, I would be delighted to work with you.
Accounting & Financial Statements
Our team has experience with multiple industries such as trucking, various retail, non-profit organizations, professional services such as immigration consultants, lawyers, etc. and much more. With an audit background and tax, bookkeeping, and payroll experience, we can take on various engagements to help scaling businesses at a reasonable budget. When running your business, your focus should be on operations and growth, leave the accounting and back-end to us. Our online portal and cloud accounting services ensure your bookkeeping is organized and cost-efficient. Having an experienced bookkeeper handle your books throughout the year makes tax filing at year end a breeze and limits potential for errors and can assist with tax savings as well.
Feel free to explore my website and reach out to me with any inquiries or to discuss your specific accounting needs. Many business owners feel lost in the weeds of bookkeeping, unsure of where to start. We used Kristy last year to help us complete our personal income tax returns which included a couple of rental properties. Kristy was friendly, had excellent communication and was very aloe accounting quick to get our returns completed and filed which was greatly appreciated. We will continue to use Kristy and I often highly recommend her to friends and family for their accounting needs or advice.