See if this sounds like your organization: Your field changes constantly and moves at the speed of light. To remain ahead of the competition your operation must remain flexible and make sound strategic decisions quickly. You are spending most of your time managing your staff and working out ways to stay near the top of the pack in your industry. That leaves very little time for you to make sure your accounting staff is keeping up with the many changes in regulations that come through annually and to focus on better financial strategy and procedures.
If that situation sounds too familiar, you’re not alone. Most of our clients had the same problem before they outsourced their accounting services to us. Now, they breathe a sigh of relief during and at the end of every month. They know that our professional accounting staff is taking care of transactional, reconciliation, and financial statement preparation services to satisfy their requirements. We offer a full range of accounting services, including bookkeeping and tax accounting, GAAP compliant accrual accounting, job cost accounting, Controller and CFO services, and Tax Services.
For smaller businesses, we offer complete outsourcing of their accounting operations. For mid-size businesses, we offer complete outsourcing or a managed accounting solution, in which we oversee and manage the firm’s internal accounting function — providing guidance and advice on how to improve procedures and outcomes.
The simple answer is to save money and focus on what your organization does best.
A recent Outsourcing Institute member survey found five main reasons why clients outsourced their accounting functions:
Reduce and control operating costs.
Improve company focus on core competencies and growth.
Gain access to world-class capabilities.
Free internal resources for other purposes.
Obtain resources that are not available internally.
The CPA Department maintains the expertise necessary to navigate clients through the maze of changing regulations and expectations from government agencies. Because our focus is on these details, we can manage or completely handle all of our clients’ accounting in a more efficient manner than they can do so themselves.
This, in turn, leads to predictable costs that clients realize from our fixed monthly fees and savings from not needing as many (or any) internal accounting staff and related overhead. On top of that, they don’t have to spend the time or go through the effort to recruit, hire, and train new accounting staff.
In addition, many clients can’t justify maintaining a full-time CFO or Controller. This level of expertise isn’t needed on a daily basis but is required for high-level tasks and occasions, such as presenting to the board of directors, negotiating with bankers and finance sources, planning mergers or major equipment purchases, and analyzing or interpreting results for stakeholders and shareholders. Many of our clients call on us to handle their part-time CFO or Controller function. To learn more, please click to this page: Outsourced CFO Services.
Our most popular services are day-to-day, month-to-month bookkeeping and accounting services that include what every business needs:
Monthly, Quarterly or Annual accounting services and financial statement preparation
General Ledger Account Reconciliations
Vendor Bill Payment
Fixed Asset Tracking and Depreciation
Business Property Tax Returns
Sales and Use Tax Returns
Business and Personal Income Tax Returns
We also specialize in accounting system support and integration – meaning we can help you evaluate your current accounting system and whether its adequately meeting your needs. We can also help you identify new systems if it’s time to move to a more or less sophisticated accounting system. We will assist you in the setup and implementation of a new system, and incorporate our accounting services, and your internal procedures, into your chosen accounting system.
"Jennifer was excellent and very knowledgeable on GovCon accounting. Highly recommend."
"We have worked with CPA's for our businesses for many years. Jennifer Eubanks is awesome."
"Very dependable, professional, and responds timely."
"CPA Department is extremely customer-driven."
"Jennifer and her team are the best of the best! They truly understand the needs of their clients and perform always with professionalism and courtesy. I highly recommend them!"
"Thank goodness we have found professional, courteous, helpful and well priced accountants to help us with the mess our books were in to putting processes in place to provide successful future accounting."
"Best CPA firm! They are efficient and always on top of tax regulations and laws. I used them for the last four years and have been extremely pleased with their customer service and professionalism."
"Two years ago, my CPA retired and suggested I go to Jennifer Eubanks. I have been delighted with her work! I highly recommend CPA Department."
"My firm started using CPA Department from day one. I can attest that they have reduced the risk of many pitfalls we faced during our first few years. They continuously provide executable solutions to ensure our books and processes are inline and compliant. All this expertise at reasonable costs and great customer service."
"CPA Department helped me out of a very sticky tax problem created by the neglect of a former accounting firm. I have nothing but the highest praise for this firm and the people working there. My ongoing experience is just as positive."
"Great, personal service - a trusted partner"
"We could not be more pleased with the service we have received from CPA Department. It is our one-stop shop for all of our financial business needs. Jennifer leads her team to provide ethical and timely financial and regulatory compliance guidance for our government focused practice and we have recommended her firm widely. Thank you for all that you do! Your dedication to helping us remain compliant, set and meet our goals, and scale for growth is directly correlated with our continued success."
"Jennifer is a trusted accountant and adviser. Her work ethics is second only to her expertise. Jennifer’s sense of resolve is perhaps the most telling… meticulous, persistent, and assertive comes quickly to mind. CPA Department has my highest recommendation."
"The CPA Department provides meaningful and actionable expertise related to preparing for DCAA audits, prepares winning pricing proposals, and provides overall strategies for small government contracting businesses to succeed."
"This firm is terrific, I have worked with Jennifer Eubanks several times, and her firm provides first-class accounting support at very reasonable rates."