Financial Reporting

Discover How Our Internal Control Systems Can Free You to Work ON Your Business… Not IN Your Business.

We can help you help your business by providing an objective review of your financial reporting and internal control systems to determine the efficiency and effectiveness of your operating procedures.

Among the corrections we might help you make with your internal control systems are…

Segregate duties in order to reduce risk of error or inappropriate action. This involves making sure that no one person has control over all aspects of any single financial transaction.

Ensuring that all transactions are handled by a delegate with approved authority to handle such transactions.

Put systems into place which create a process where all transactions are reviewed and reconciled by someone other than the transactor.

Assure physical safety of all equipment and introduce periodic counts to compare equipment, inventory, cash and other property are consistent with that on record.

Implement job training for all employees and make sure that employees have the knowledge and resources to carry out their job duties, are provided with an appropriate amount of supervision, and are aware of the channels for reporting potential problems.

Documentation of all policies and procedures that are accessible to your employees and the procedures for continued guidance and training regarding these procedures to address employee turnover or prolonged employee absence.

A consistent review of operations to determine that results are consistent with objectives and goals.

We provide financial reporting on all three levels of assurance:

Review – some analytical procedures conducted with limited assurance

Compilation – based upon client information provided and used primarily for internal use

Audit – an intensive examination with the highest level of assurance

Let Us Help:

What Are The Year-End Tax Moves to Make Now For Boston, MA Business Owners?

Key TakeawaysIt is not too late to create meaningful tax savings before December 31, but the remaining moves are very timing-sensitive. Low-cost, in-stock equipment and supplies are the most realistic last-minute purchases that can still be deducted this...

Big Beautiful Bill Details Boston, MA Business Owners Might Have Missed

Key Takeaways The more favorable EBITDA-based business interest deduction limit is back for your 2025 tax year. (New restrictions are coming in 2026.) New R&E rules aren’t automatic. Retroactive benefits for 2022–2024 require elections, deadlines,...

What Payroll Checklist Steps Do Boston, MA Business Owners Need to Complete Before December 31?

Key TakeawaysVerify all business and employee information early. Even small errors in EINs, addresses, or Social Security numbers can create big filing issues. Review 2026 compensation rules now. State and local minimum wage increases and the Social...

Boston, MA Small Business Holiday Expenses: What Can I Deduct On Taxes?

Key TakeawaysCompany-wide holiday parties for employees are generally 100% deductible, as long as they’re not exclusive to owners or managers. Meals with clients are typically only 50% deductible, and entertainment remains 0% deductible. Employee gifts can...

Can Boston, MA Investors Use Losses To Lower Capital Gains Federal Tax?

Key TakeawaysYou can sell losing investments to realize a capital loss that offsets taxable gains. If your losses exceed gains, you can deduct up to $3,000 against ordinary income ($1,500 if married filing separately). Unused losses carry forward...

Sean Burke’s Perspective: What Are The Most Important Cybersecurity Measures for Small Businesses?

Key Takeaways Create a written data protection policy. Every employee should know the rules for handling sensitive data. Back up data regularly with secure cloud services or encrypted physical backups. Encrypt everything so stolen data is useless to...

The Power of Client Accounting & Advisory Services (CAAS) for Business Growth

Cash is the lifeblood of every business—and understanding how it flows in and out is key to long-term success. By learning how to spot trends in your cash flow, you can avoid surprises, make smarter decisions, and plan for growth with confidence.

5 Financial Tips for Business Success

How to Spot Trends in Cash Flow: Tips & Benefits for Small Business Owners

How to Track Income and Expenses: Tips & Benefits for Small Business Owners

Managing payroll is a big responsibility for any business. From tracking hours to filing tax forms, it requires accuracy, consistency, and time. But the good news is—payroll doesn’t have to be stressful. With the right tools and support, you can streamline your payroll process and focus more on growing your business.

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!