our Accounting and Tax services
Accounting Software election & Implementation
There are a number of accounting software packages available for your personal finances as well as for businesses small and large. We are familiar with the most popular software accounting programs, and we can guide you in deciding which one is right for your business.
Audits, Reviews and Compilations
An audit provides the highest level of assurance on an organization’s financial statements. An audit provides assurance that an organization’s financial statements are free of material misstatement and are fairly presented based upon the application of generally accepted accounting principles.
A review provides limited assurance on an organization’s financial statements. During a review, inquiries and analytical procedures present a reasonable basis for expressing limited assurance that no material modifications to the financial statements are necessary; they are in conformity with generally accepted accounting principles. This “does it make sense” analysis is useful when the organization needs some assurance about their financial statements, but not the higher level of assurance provided by an audit.
A compilation provides no assurance on an organization’s financial statements. Santana takes the financial data provided by the client and puts them in a financial statement format that complies with generally accepted accounting principles. There are no testing or analytical procedures performed during a compilation.
Bookkeeping/Write-Up
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts and payments by an individual person or an organization/corporation.
Business Consulting
As a true business partner, we provide a wide variety of engagements that help your company improve it’s financial position, enhance it’s internal processes and procedures, and streamline the accounting protocols.
Financial Statements
The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions. Financial statements should be understandable, relevant, reliable and comparable. Reported assets, liabilities, equity, income and expenses are directly related to an organization’s financial position.
IRS Representative
An IRS audit is a review/examination of an organization’s or individual’s accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct.
Notary Public
A notary is a person authorized to perform acts in legal affairs, in particular witnessing signatures on documents. The form that the notarial profession takes varies with local legal systems.
Sales Tax Services
We can support you in managing your sales tax responsibilities and provide sales tax returns in an efficient and timely manner.