Prague & Company, P.C. provides general accounting and bookkeeping services for our clients, whether that consists of maintaining the internal books, assisting clients’ personnel with recording transactions, or advising on appropriate account structures and methodologies. Our accounting and bookkeeping services can be customized to fit the needs of clients’ businesses based on organizational structure, development stages and client objectives. We can either be the accounting department . . . or complement it.
Among the many accounting and bookkeeping related services Prague & Company, P.C. offers, we provide the following:
- For a start-up entity, design and create account structures, record initial funding transactions and keep the day-to-day books and records until our clients are prepared to manage the accounting aspects of the business internally. We then can assist the company in keeping the process running smoothly.
- Advice on modifying account structures, recording various types of transactions under Generally Accepted Accounting Principles (GAAP) or tax basis accounting, updating operational procedures and performing other tasks to streamline bookkeeping and internal management
- For a client looking to outsource all accounting operations, maintenance of original books and records, administration and record keeping of payroll, record invoices and payables, performance of bank reconciliations and preparation of vendor checks for signatures at our clients’ direction. We also are able to provide timely financials and other reports to interested parties associated with the business.
- Preparation of financial statements for all types of entities, whether they are simple compilations, reviews, or special-purpose financial statements for use either by management or outside parties.