Informative and Accurate
Financial statements provide a snapshot of your business’ financial condition. These statements are an important tool for decision making. Financial statements, prepared in accordance with generally accepted accounting principles, can help you evaluate your performance and compare it to industry standards. Our goal is to enhance the usefulness of your financial statements by customizing the information to meet your individual needs. Our comprehensive accounting services include preparation, compilation and review of financial statements, as well as detailed financial audits and payroll processing.
Value Added Approach
Since every business is unique, we tailor our audit plan to your specific operational and financial reporting needs. McNair, McLemore, Middlebrooks & Co., LLC prides itself on performing audits that are time sensitive, cost effective and most importantly, unobtrusive to your ongoing business operations. We work closely with your accounting staff to eliminate duplication of effort and create a more efficient approach to auditing. We view our role in the audit process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency.
McNair, McLemore, Middlebrooks & Co., LLC has an audit staff that is experienced in the following industries: electrical and telephone, financial, healthcare (including hospitals and nursing homes), not-for-profits, governmental units, manufacturing, retail, automobile dealerships, insurance, real estate development and construction.
We also perform reviews and compilations. We review financial statements by making inquiries of company personnel and performing analytical procedures. We then issue our review report on the financial statements, giving limited assurance that they conform with generally accepted accounting principles. In a compilation, we compile financial statements from client information and issue our compilation report. Compiled statements are intended primarily for internal use.
These services serve as a foundation for your company’s future success. During these engagements, our firm will examine your historical financial statements, evaluate trends, identify strengths and weaknesses in your financial and operational business, and make certain you are receiving the right kind of financial information to run your business.
Timely and Precise
Our combined staff of professionals and para professionals is available to provide accounting services to large and small businesses. We are committed to providing financial information to our clients in a timely and precise manner. With financial records that are both meaningful and well organized, you will be able to run your business operations more efficiently.
We offer a full range of accounting services to help keep your business running smoothly. These services include:
- Monthly Operating Statements – These statements give you the opportunity to look at where you stand so you can seize an opportunity or act on a problem before it’s too late. Looking at your financial picture every month allows us to alert you to those areas that need your attention.
- Bank Reconciliations – We verify your bank balance every month and advise you of any bank charges, bank errors or mathematical mistakes on your part. This way you will know exactly how much cash is available.
- Payroll – We can maintain payroll registers. These records are required by law for each and every employee and help us prepare your payroll tax returns.
We also help companies establish financial controls and accounting systems, consult on control procedures to reduce the risk of embezzlement or fraud, and assist with implementation of accounting software. At McNair, McLemore, Middlebrooks & Co., LLC, we realize that most small businesses cannot afford a full-time accountant, but still need the expertise at times. As our clients grow, many turn to us for controllers for hire. These accountants provide their expertise on a scheduled basis to businesses that need regular financial advice and oversight, but do not yet need a full-time financial manager.