Audits are specifically aligned with the client's business functions but go beyond just the financial. Businesses need auditors and advisors who understand their industry, their long-term strategy and any risks that need to be assessed and managed. Businesses need advisors who can interject this knowledge into the audit process.
The audit is undertaken with detailed, agreed-upon expectations to which management and the engagement team are equally committed. These commitments thread through every aspect of the way Morgan & Associates conducts and manages an audit, enabling the engagement team to utilize resources in the most efficient way that provides consistent value-added audit services.
Morgan & Associates has developed the traditional auditing role into a process that helps us gain a deeper understanding of our clients' needs. Morgan & Associates recognizes that clients expect more than just management letter recommendations after an audit. Our process uses knowledge and wisdom to provide value-added suggestions that help our clients achieve financial and operational success.
A compilation involves assembling data from your records and presenting it in an appropriate financial statement format. For some businesses, this statement is sufficient enough to meet management needs, as well as the needs of certain third parties.
A review can be a cost-effective way to meet the requirements of third parties (such as lenders). By conducting a review, Morgan & Associates can provide limited assurance about a client's financial statements.
To do so, we utilize a variety of diagnostic tools, including analytic procedures, inquiries and general miscellaneous analyses of any items which may appear unusual and require explanation.
BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
We understand that the countless number of tasks associated with running a successful practice leaves you with little time to deal with your numerous accounting and tax responsibilities. That is where ...read more
With proactive tax strategies and industry-specific expertise, we have a proven track record of helping property management firms succeed from...read more
If you contract your services as a salesperson, freelance writer, graphic designer, real estate professional, or other profession contact us to learn about the comprehensive, affordable...read more
Morgan & Associates has extensive experience in nonprofit accounting, currently providing audit and tax return services to a growing number of...read more
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
If you haven’t already, this might be the year to create separate trusts for individual beneficiaries instead of a single trust. While it may make the most sense when children are young, many factors influence the beneficiaries as they age.
A new deduction is creating a lot of buzz for business owners this year. This applies for passthrough entities (S corporations, partnerships, and sole proprietorships) under Sec. 199A.