S E R V I C E S
CLIENT ACCOUNTING & ADVISORY
BSB has a talented team of accounting professionals to build a solid financial foundation for a new business. We can also jump in and help in a “bookkeeping emergency” or clean up messy books to create meaningful financials or a tax return.
MEANINGFUL SERVICE
Our Client Accounting & Advisory Services (CAAS) team not only installs the right accounting software, but we also create a meaningful Chart of Accounts for your business. We know and understand the difference between a capital asset and an office expense, a shareholder loan versus a capital infusion (equity), and how to enter a complicated payroll journal entry.
Our CAAS team adheres to financial and accounting standards. We know who the end-user of the financial statements is and customize the reporting to their needs. For instance, do they need a product-line separated out? Do they need government-auditable books? These are the important questions we consider to make sure each client’s needs are met.
The Securities and Exchange Commission’s (SEC) finalized cybersecurity rules expand public companies’ cyber risk management and disclosure responsibilities. A host of new requirements not only mandate timely disclosure of material…
Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of the most sought-after employee benefits — can…
“An exemption from UNICAP? And no limitation on the amount of business interest expense I can deduct? Sign me up!” Many taxpayers (and their tax return preparers) have eagerly embraced…
Two significant regulatory changes to retirement plans require immediate attention from plan sponsors, both to ensure current operational compliance and to comply with upcoming deadlines. Many long-term, part-time (LTPT) employees…
