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Accounting and Auditing
Accounting and Auditing Some important aspects of CHASE AND ASSOCIATES CPAs, PC's accounting and auditing services are: financial and compliance audits, single audits for governmental units, and reviews and compilations of financial statements. Audits: Audits are performed for the purpose of expressing the Firm's professional opinion of an organization's financial statements. CHASE AND ASSOCIATES CPAs, PC is qualified to perform audits under OMB Circulars A-128 and A-133, and the "Yellow Book". Reviews: The purpose of a review is to express limited assurance on conformity of financial statements with generally accepted accounting principles. The procedures employed are substantially less comprehensive than those employed in an audit. Compilation: In a compilation, CHASE AND ASSOCIATES CPAs, PC puts the financial information supplied by the client into the form of financial statements. However, the Firm gives no expression of assurance on them. Use of the Financial Statements: After preparing a financial statement, the Firm can use the information to analyze the client's business and plan practical financial strategies. Tax Planning and Preparation
Tax Planning and Preparation CHASE AND ASSOCIATES CPAs, PC uses its experience in tax return preparation to develop effective tax planning techniques that often result in substantial tax savings. As tax advisors, the Firm can provide personal tax planning, business tax advice, and representation before tax authorities. Personal Tax Planning: The Firm's in-depth understanding of complex tax rules and regulations can help individuals and families improve their tax position. The Firm can analyze the tax benefits of investment opportunities or help clients prepare for their children's educations. Business Tax Advice: CHASE AND ASSOCIATES CPAs, PC gives sound tax and accounting advice for the organization, purchase, sale or merger of a business. The Firm can design compensation and retirement strategies, give advice on tax effects of various types of business organizations, or help plan for a change in the business's accounting. Representation: The Firm can act as a client's representative before State and Federal tax authorities. The professionals at CHASE AND ASSOCIATES CPAs, PC can serve as personal representatives, reply to correspondence concerning tax returns, or provide explanations or documents in tax examinations. Management Advisory Services
Management Advisory ServicesCHASE AND ASSOCIATES CPAs, PC helps its clients use their own capabilities and resources to increase efficiency and achieve their objectives. The Firm accomplishes this by applying its technical knowledge and business experience to its clients' changing needs and goals. Computer Services: The Firm can help its clients with their initial hardware decisions, provide systems analysis, set up new systems and provide training in software and hardware use. Cash Management: By using a client's financial statement, CHASE AND ASSOCIATES CPAs, PC can forecast its cash flow requirements and develop a plan for meeting those requirements. The Firm's goals are to improve the utilization of cash resources and enhance the rate of return on excess resources. Cost Systems and Controls: As management advisors, CHASE AND ASSOCIATES CPAs, PC can identify, evaluate and recommend ways to increase revenue and reduce operating costs. The Firm can also analyze a client's operations and suggest changes in its accounting control structure, help define individual responsibilities, prepare recommendations and programs on increasing efficiency, and provide advice and technical assistance with the implementation of changes. Microcomputer Consulting
Microcomputer ConsultingCHASE AND ASSOCIATES CPAs, PC has broadened the professional services which it provides its clients. Perhaps the most significant new service area in recent years involves providing assistance in the use of microcomputers to perform accounting functions that were once performed manually. The scope of CHASE AND ASSOCIATES CPAs, PC's services today includes microcomputer consulting because computers must be used to perform accounting tasks. The Firm recognizes that through the use of today's computers and software the client is afforded new levels of management information that help them remain competitive in their marketplaces. The Firm has gained considerable knowledge and skill in the business applications of computers and respective selection of appropriate software. By blending knowledge of a client's business with knowledge of computers and software, the Firm can help select and implement a total system solution suitable for the client. The Firm can provide the needed computer consulting services or may help clients identify and locate the professional assistance they will need to secure and implement computerized accounting systems that are right for their businesses. In either case, the Firm can provide consulting to its clients as they decide a computer is a better way to remain competitive in the computer age. Other Services
Other Services CHASE AND ASSOCIATES CPAs, PC provides many other services to its clients among which are: personal litigation, estate planning, personnel services, and strategic planning. Personal Litigation: CHASE AND ASSOCIATES CPAs, PC can provide help in divorce settlements, property settlements and bankruptcy, as well as serve as an expert witness. The Firm can also help in establishing property values and give accounting and income tax advice in all personal litigation situations. Estate Planning: CHASE AND ASSOCIATES CPAs, PC helps its clients preserve the financial security that they have achieved through sound estate planning. The Firm can help its clients draft a will, use trusts and the annual gift-tax exclusion, and prepare a decedent's final income tax return and estate tax return. Personnel Services: CHASE AND ASSOCIATES CPAs, PC provides a variety of personnel services aimed at helping clients hire the right person for the job and improving the performance of existing employees. Strategic Planning: By analyzing a client's operations, finances and organization, CHASE AND ASSOCIATES CPAs, PC can help it develop a business plan. The Firm then assists the client in setting goals to achieve their plan. Consulting Services
Business ValuationsWhether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest. | 
