Business Accounting Services
Providing Structured Business Accounting Services for Small and Medium Businesses Throughout Arizona
Over 30 Years of Corporate & Public Accounting Experience • Remote • Bilingual
Request a Complimentary Discovery Meeting
Up to 20 Minutes • Zoom Video or Phone Call
Business Accounting Services That Evolve With Your Business
Independent Accounting Services, LLC provides Business Accounting Services designed to support the evolving accounting and financial reporting needs of small and medium businesses throughout Arizona. We tailor our Business Accounting Services to your business’s current needs and stage of growth.
When the condition of a business’s accounting records is unclear, an Accounting Diagnostic Assessment may be recommended to evaluate the current state of the accounting records, identify conditions requiring attention, and determine the appropriate next steps before recommending ongoing Business Accounting Services.
Business Services
Our Business Accounting Services
Our Business Accounting Services are designed to support businesses at different stages of their accounting and financial reporting needs. Services may be provided individually or combined based on your business’s current needs and objectives.
Accounting Diagnostic Assessment
Assess Your Accounting Records Before Recommending Services
Not every business requires the same level of accounting support. Before recommending services, we first take the time to understand your business, review the condition of your accounting records, and identify the accounting priorities that best support your business.
An Accounting Diagnostic Assessment helps us understand where your business is today, identify areas requiring attention, and recommend the most appropriate accounting services and next steps based on your business’s needs.
What You’ll Receive
✓ Up to 30-Minute Business Accounting Discovery Meeting
✓ Accounting Diagnostic Assessment Report tailored to your business, which may include:
- Executive Summary
- Detailed Findings & Recommendations
- Executive Summary with Detailed Findings, as appropriate
Your Accounting Diagnostic Assessment Report summarizes our observations, identifies accounting areas requiring attention, and provides recommendations for the next steps based on your business’s needs.
What Your Accounting Diagnostic Assessment May Include
- Understanding your business operations
- Reviewing your accounting records
- Evaluating your accounting system and financial reports
- Identifying accounting issues that need attention
- Discussing your financial reporting needs
- Recommending appropriate accounting services and next steps
Accounting Cleanup & Stabilization Services
Restore and Stabilize Your Accounting Records
Designed for businesses with incomplete, inaccurate, disorganized, or behind accounting records that require cleanup, catch-up work, reconciliations, or accounting reconstruction.
We help restore your accounting records by correcting historical accounting issues, completing overdue reconciliations, and organizing your financial information so your business is ready for ongoing bookkeeping, accounting, financial reporting, and year-end tax preparation.
What You’ll Receive
At the completion of the cleanup engagement, we provide financial statements for the agreed reporting period, prepared on a cash or accrual basis, as applicable.
✓ Balance Sheet
✓ Profit & Loss Statement
✓ Balance Sheet Supporting Schedules
✓ Up to 30-Minute Financial Review Meeting
What Cleanup & Stabilization May Include
- Setting up or enhancing your chart of accounts
- Organizing and cleaning up your accounting records
- Catching up overdue accounting work
- Reconciling bank, credit card, payroll, and balance sheet accounts
- Reviewing and organizing your accounting system
- Preparing financial statements
- Preparing balance sheet supporting schedules
Bookkeeping Services
Maintain Organized Accounting Records Through Ongoing Bookkeeping
Designed for businesses that need ongoing bookkeeping services to maintain organized accounting records and reliable cash-basis financial reporting.
We record, categorize, review, and reconcile accounting transactions to help keep your accounting records current, organized, and ready for routine financial reporting and year-end tax preparation.
Financial statements are generally prepared using the cash method of accounting, which is commonly used by many small businesses for income tax reporting. As your business grows or your accounting and financial reporting needs become more complex, additional accounting services may be recommended.
What You’ll Receive
Monthly or quarterly financial statements prepared on the cash basis, as agreed.
✓ Balance Sheet
✓ Profit & Loss Statement
✓ Balance Sheet Supporting Schedules (when applicable)
✓ Up to 30-Minute Quarterly Financial Review Meeting (as agreed)
What Bookkeeping May Include
- Setting up or organizing your chart of accounts
- Recording and categorizing accounting transactions
- Maintaining cost accounting by project, property, job, or crop, when applicable
- Reconciling bank, credit card, payroll, and balance sheet accounts
- Preparing financial statements
- Preparing balance sheet supporting schedules
Accounting & Financial Reporting
Strengthen Financial Reporting Through Accurate Accounting and Month-End Close
Designed for businesses that require monthly accounting and financial reporting on the accrual basis of accounting.
We perform month-end accounting procedures, reconcile accounts, and prepare accrual-basis financial statements that provide greater visibility into your business performance, financial position, and cash flow. As your business grows, these reports help support more informed operational and financial decisions.
What You’ll Receive
Monthly accrual-basis financial statements prepared as part of the month-end close process.
✓ Profit & Loss Statement
✓ Balance Sheet
✓ Statement of Cash Flows
✓ Balance Sheet Supporting Schedules (when applicable)
✓ Up to 45-Minute Monthly Financial Review Meeting (as agreed)
What Accounting & Financial Reporting May Include
Performing month-end close procedures
Setting up or enhancing your chart of accounts
Recording, reconciling, and adjusting accounting transactions
Reviewing profitability by project, property, job, or crop, as applicable
Preparing monthly financial statements and supporting schedules
Coordinating year-end tax preparation, if agreed
Fractional Controller & Financial Oversight
Turn Financial Information Into Better Business Decisions
Designed for businesses that need ongoing financial oversight beyond monthly accounting and financial reporting.
We help business owners understand their financial performance, profitability, and cash flow through financial analysis, management discussions, and practical recommendations that support more informed business decisions.
As your business grows, we help identify opportunities to strengthen accounting processes, improve financial reporting, and provide financial insights that support operational and strategic decision-making.
What You’ll Receive
Services are tailored to your business and may include:
✓ Financial Performance Analysis
✓ Profitability & Margin Analysis
✓ Cash Flow Analysis & Observations
✓ Accounting Process Improvement Recommendations
✓ Operational Financial Insights & Recommendations
What Fractional Controller Services May Include
Analyzing financial performance, profitability, and cash flow
Identifying opportunities to improve accounting processes and internal controls
Supporting your accounting team through guidance and mentoring
Meeting with ownership and management to review financial performance
Identifying operational and financial matters requiring management’s attention
- Coordinating with CPAs, lenders, and other advisors, as agreed
Supplemental Operational Accounting Add-On Services
Available in conjunction with Business Accounting Services, based on business needs, scope, and availability. Not offered as stand-alone services.
- Arizona DES Unemployment Insurance Audit Support
- Federal & State Employer Registrations
- Form 1099 Preparation & Electronic Filing
- Payroll Reconstruction, Catch-Up & Reconciliations
- Payroll Tax Return Preparation & Filing
- Sales Tax Registration, Return Preparation & Filing
Supplemental services are separately evaluated and must be specifically included in the engagement scope.
Reliable Financial Information Is Only Valuable When It Is Understood and Applied.
Through accounting cleanup, bookkeeping, accounting and financial reporting, and financial oversight services, we help Arizona business owners build a stronger accounting foundation, better understand their financial information, and make more informed business decisions.
Request a Complimentary Discovery Meeting