Accounting and Consulting Services for Businesses
Business, Small Business, Government Entities
For start-ups, growing and mature businesses, solid financial management is a critical component of success. Griffin & Furman offers business accounting and consulting services to streamline your finances now and to guide your business into the future.
With accounting services at Griffin & Furman, we manage the accounting, bookkeeping, and budgeting functions, the foundation of a well-run business, with thorough and diligent accounting practices to continue to grow your business.
Reconciling your business checking account on a regular basis maintains your banking and accounting and keeps your business taxes up-to-date.
An income statement is a valuable tool in managing revenues and expenses, which helps you to optimize the operating performance of your business. With regular updates, an income statement pinpoints metrics to guide corrective action such as unexpected expenditures or increases in returns.
A balance sheet allows you to evaluate the financial health of your business, analyze trends, and to review the flow of revenues and expenses.
General Ledger Maintenance
A regular review of your general ledger helps to uncover discrepancies such as unrecorded payments, etc. Keeping an accurate general ledger is critical because it is the foundation of your company’s financialS statements.
Consultations help you to interpret and utilize your business’ financial records, and also, ultimately to help your business grow through strategic planning, inventory controls, and forecasting and budgeting.
Industries Served By Our Accountant Team
Government & Public Sector
Transparency, efficiency and accountability are essential for public sector organizations when executing duties and spending public funds. Our team is dedicated to assisting government entities and municipalities of all sizes maintain internal controls, protect assets, and satisfy regulatory and compliance issues.
Our health and fitness accounting services are appropriate for dance or fitness studios, gyms, or freelance personal trainers. Health and fitness accounting has special considerations for accounting transactions such as prepaid items, cash flow and memberships, and our partners offer direct knowledge and experience having once owned a franchise of health clubs.
For pharmacy clients, our accounting practices provide meaningful information for the operations of your pharmacy. Independent pharmacists operate in a highly regulated and competitive environment. With thorough accounting, we assist with identifying sales behaviors, costs, and potential efficiencies and risks. We understand the nuances of operating an independent pharmacy.
For general contractors or subcontractors, for specialized work such as road construction, oilfield services, shipbuilding, or other areas, the Griffin & Furman team has a comprehensive understanding of the construction industry: rising costs, regulatory changes and difficulty obtaining financing. We offer accounting, consulting, and tax preparation to help you build a more profitable construction company.
Accounting for nonprofits doesn’t start and stop with Form 990. Nonprofits, not-for-profits, and 501(c)3 organizations, have unique demands for compliance in regard to fundraising, organizational structure, financial and regulatory concerns. In addition to auditing, we also provide constructive recommendations for more efficiency and for stronger internal controls, and we regularly advise Boards in compliance and other improvements.
Medical / Healthcare
For dental, medical, and chiropractic practices, clinics, labs, and physicians, we offer an approach to help our clients face the challenges of increasing industry change. We combine advisory, audit, and tax accounting to address service-line profitability, delivery of care efficiencies, risk management, and return on investment.
Professional and Other Business Entities
Business accounting services at Griffin & Furman include financial reporting, tax preparation and strategy, and CFO services. Our accountants analyze records to perform audits, create reports, and prepare income statements, balance sheets, and tax returns. Our services support business owners by looking for growth opportunities, watching industry trends, and optimizing cash flow.
Accountants For Your Business Or Government Entity
We take a personalized approach to service. With a dedicated team who gets to know you and your business, we develop monthly work and tax strategies to best fit your needs.