Services

Audit & Assurance

Build confidence in your organization’s financial reporting, operations, and preparedness in today’s rapidly changing environment.

Consulting

Gain deep insight into your business, accounting, and finances to elevate decision making and strategy.

Tax Services

Specialized tax planning and preparation
for not-for-profits and businesses.

Bernard Gordon

Audit & Assurance

Many organizations seek verification from an outside independent CPA that their financial statements or other financial data is accurate. The organization may obtain this verification voluntarily or to meet a requirement from someone outside the organization, such as a bank, investor, grantor, or surety.

The primary purpose of an audit, review, and attestation is for the independent CPA to provide assurance that the information is accurate. The CPA can often provide an additional benefit by using the information learned in the engagement to make recommendations which reduce the risk of fraud, streamline financial operations, and provide management with better information to make more informed decisions.

Audits of financial statements

A financial statement audit provides a high level of assurance that the financial statements are accurate and prepared in accordance with generally accepted accounting principles. The CPA follows generally accepted auditing standards in determining the procedures necessary to reach such a conclusion.

Reviews of financial statements

In a financial statement review, the CPA makes inquiries and performs analytical procedures, but does not conduct the detailed examination procedures that are performed in an audit. The assurance provided by the CPA about the financial statements is less than that provided in an audit. Organizations that do not need an audit frequently choose a review, which is less expensive.

Attestations

There are several types of attestations. In an attestation engagement, the CPA reports on subject matter selected by the client, such as prospective financial information, historical events, analyses, systems, or compliance with laws. The CPA’s report is intended to enhance the degree of confidence that intended users can place in the subject matter.

Single audits

If an organization receives funds from the federal government, such as a grant, it may be required to undergo a single audit. In a single audit, the CPA performs all the work of a financial statement audit, plus additional procedures related to the federal government funds.

Bernard Gordon

Consulting

Organizations frequently have a variety of complex accounting and financial challenges. Often, they do not have the expertise or capacity to address all the issues they face, and an experienced outside advisor is needed. My objective is to understand an organization’s needs and provide advice and assistance in the following areas:

Accounting

Accounting policies and procedures development
U.S. Generally Accepted Accounting Principles (GAAP) application
New accounting standards implementation
Internal controls assessment
Accounting software selection and implementation
Financial reporting enhancements

Business

Business process automation
Bookkeeper and accountant training
Investment consulting
Cost and benefit assessments
General business advice

Finance

Cash flow analysis
Financial forecasts and projections
Financial modeling
Budgeting

Bernard Gordon

Tax Services

Not-For-Profits

I provide a full range of tax services for not-for-profits. Most not-for-profits are required to file IRS form 990 (Return of Organization Exempt from Income Tax) annually. If the organization is subject to the unrelated business income tax, it must also file IRS form 990-T. I prepare these forms and other tax returns for not-for-profit organizations.

Businesses

I work with a business’ tax accountant to ensure he or she is provided with accurate and complete accounting and other information to prepare tax returns and perform tax planning. I also provide advice to businesses on basic tax issues.

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