From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Yoel Wagschal, CPA, P.C.'s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.These services include but are not limited to:General ledger and financial statement preparationBookkeeping (Monthly, quarterly, or annual)Accounting system setup and supportPayroll processingPersonal financial statementsCorporate tax planning and return preparationLitigation support
Assurance and Advisory
At Yoel Wagschal, CPA, P.C., we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.These services include but are not limited to:Audits, reviews, and compilationsEntity selection and restructuringAccounting software selection, implementation, and supportBusiness valuationsFinancial projections and forecastsDebt and finances advisingMergers and acquisitionsTransaction structuring and negotiationsBusiness succession
Financial Statements - Audits, Reviews, and Compilations
Yoel Wagschal, CPA, P.C.'s financial statement services comprise all three levels of assurance depending on your company's needs.AuditsAudits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.ReviewsReviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.CompilationsCompilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Bookkeeping / Write-ups
Timely, efficient bookkeeping services are available for businesses of all sizes. Computerized accounts are prepared, saved and presented for client review on a quarterly, monthly, and/or annual basis. Budgeting and forecasting support are also available. We support all major accounting programs including Quickbooks and Peachtree.
Total payroll services for small business clients have been provided for many years. Services include: Set up and maintenance of all records, time card tabulations, withholdings of tax and benefit contributions, Federal and State tax filings, issuance of checks and preparation of all W-2's and 1099 forms.