Accounting and Auditing
Outsourcing the accounting for your small business to Myrick CPA allows you more time to focus on core business operations and decisions. The Myrick team works with you or a designated team member to set up and manage your organization’s financials, incorporating professional advice and best-in-class client support. Myrick CPA offers top-notch accounting software to manage cash flow, keep your records accurately, optimally manage accounts receivable, revenues, and debt, and produce reliable financial statements to ensure timely tax filing. Additional services are available, such as processing invoices and statements, accounts payable, cash receipts and disbursements, payroll management, preparation of bank reconciliations and recurring reports, as well as revenue-related tasks, which include invoicing customers, monitoring expenditures, filings, and reporting. Myrick CPA will help manage and improve cash flow by providing real-time information for sound decision-making.
Learn more about Myrick CPA’s Accounting Services for Small Business, including our specialized software package.
Accounting/Auditing
- Auditing is crucial to ensure that companies and organizations represent their financial position fairly, accurately, and following GAAP standards. Myrick CPA provides businesses and organizations with an independent examination of accounting, financial records, and statements to determine whether everything conforms to the GAAP (Generally Accepted Accounting Principles) and, most importantly, to the law. Myrick CPA offers three levels of auditing services depending on a company’s needs.
- Compilations are typically requested for internal purposes and are based on the information provided by the company’s management. A compilation does not offer assurance; however, it may involve necessary adjustments to accounting records.
- Reviews provide limited assurance to outside interests. A review involves inquiries and analytical procedures that confirm financial statement matters and identify items that require further analysis. Reviews are performed to ensure the integrity of the company’s data.
- Audits offer third parties the highest level of assurance. An audit includes the in-depth examination and confirmation of account balances, inventories, and selected transactions. Audits identify and subsequently correct errors while ascertaining the validity and reliability of information.
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