Taxation Services of Credence Independent Auditors and Advisors

tax

Tax laws change constantly. Keeping abreast of those changes and the ramifications requires a great deal of time and knowledge. We can help you. Credence Auditors & Advisors makes it our business to persistently monitor changes and to accurately interpret tax law. We then can detail the steps individuals and businesses can take to comply with those changes and mitigate their impact. Our level of knowledge sets us apart. We are professionals who possess a thorough, on-going knowledge of tax law.

It is tempting to only consider taxes during “tax season,” yet proper planning year round can minimize the stress of this season and may actually reduce your overall tax burden. Put our professionals to work developing a tax strategy to enable you to best capitalize on local and federal tax laws. You will receive the personal attention of a tax manager with years of experience in tax practice, plus access to our complete team of tax specialists capable of solving virtually any tax problem.

Services available:

  • Tax planning
  • Tax preparation
  • Tax research & consulting
  • Tax representation
  • BRT calculations
  • Preparation of Annual Income Tax returns
  • Filing of Income Tax Returns with State, etc.
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Corporate Training Programs of Credence Independent Auditors and Advisors

Keeping your workforce well-trained and up-to-speed on technical and soft skills is crucial to stay competitive and attract the best employees. To meet our clients’ ever-growing needs in the training and development area, CAA offers corporate training services and training courses.

Reasons an organization should consider implementing a training program:

  • An organized approach to learning rather than a scattered, reactive approach
  • Increased accountability among employees on performing their jobs to the best of their abilities
  • Better use of company time with knowledge at your fingertips
  • Training on-demand and customized to your group or individual needs
  • Better appreciation of each other’s jobs, departments and locations
  • Narrowing the gap between management and staff
  • Less expensive than traveling to training
  • Tracking and monitoring of all learning received by employees
  • Gaining a reputation as employee-friendly and progressive company

Your employees will enjoy these benefits:

  • Increased knowledge and expertise to apply immediately on the job
  • Ability to perform their jobs more effectively
  • Learn how to lead meetings and their own training sessions
  • Personalized assistance and training
  • Immediate access to training support
  • Increased job satisfaction with a progressive company that invests in employees
  • Time savings with in-house training support
  • Availability of both refresher courses and advanced content
  • A variety of learning styles to ensure learning is well-received

Types of training programs available include:

Technical:

  • Microsoft® tools
  • Internal audit
  • Afghanistan Income Tax Law
  • International Financial Reporting Standards
  • International Standards on Auditing

Soft skills:

  • Accountability
  • Time management
  • Organization
  • Presentation skills
  • Generations
  • Emotional intelligence

Train the trainer:

  • Adult learning
  • Facilitating tips
  • Icebreakers
  • Coaching (One-on-one)

Program development:

  • New hire orientations
  • Customer service curriculum
  • Manager curriculum
  • Multi-modal training programs
  • And more!

Credence Independent Auditors and Advisors: Risk Advisory

  • Compliance Services
  • Construction Audit Services
  • Fraud & Forensics
  • Internal Audit
  • ID Theft Protection
  • IT Risk Services
  • Compliance Services

Industry-Driven Federal and State Regulatory Compliance

Compliance programs are under increasingly strict scrutiny from federal and state regulators

Governing bodies set forth regulations that strive to keep the industries they examine running smoothly. But with so many regulations to comply with and governing bodies to report to, regulatory compliance can be confusing, overwhelming and very costly. Credence Auditors & Advisors has dedicated professionals who specialize in the unique and complex compliance needs of large private and publicly-traded clients. We can help you navigate today’s most challenging requirements and best practices, while striving to provide valuable insights about how you may be able to streamline your compliance programs to avoid costly inefficiencies.

Our compliance services team provides services for the following regulated industries:

  • Government agencies
  • Publicly-traded companies
  • Health care organizations
  • Financial institutions
  • Financial services
  • Insurance

Construction Audit Services

Construction projects are generally among the largest, most complex financial expenditures undertaken by an organization. For this reason, it’s important that your organization have adequate project management and appropriate internal controls designed for your specific type of construction agreement in place during the entire project life cycle. Strong internal controls are necessary to:

  • Ensure procedures are in place to identify and manage risks
  • Prevent overpayments and protect against irregularities
  • Establish supporting financial reporting processes
  • Avoid unnecessary litigation

Credence Auditors & Advisors helps you strengthen the financial and operational controls over the construction process, ensuring compliance with the contract and adherence to industry standards and best practices. Our experienced teams provide assurance that contractual terms are being adhered to by validating critical contractor compliance and costs. In our experience, potential identified overcharges are typically 5 to 10 times greater than the fee for our services.

Our specialized team of construction professionals will also provide you with “root cause analysis” and process improvement recommendations, resulting in a more efficient and effective construction program.

Credence Independent Auditors and Advisors: Business expansion

Services to help you develop & grow your company:

  • Strategic planning
  • Marketing consulting
  • Due diligence assistance
  • Initial public offerings assistance
  • Financing assistance (forecasts & projections and feasibility studies)

Entrepreneur, franchisee or established business owner assistance

Whether you are an entrepreneur just forming your company, franchisee and/or an established business owner, there are a myriad of challenges and opportunities you encounter during the journey, including:

  • What business entity structure is best for us?
  • We are interested in purchasing a business. Can you help us through the process of due diligence to integration?
  • How do we handle on boarding employees and payroll and benefits administration?
  • What options exist for us to finance the purchase of a building?
  • We want to strengthen management of the company using performance goals such as cost and profitability measures, ratios and industry benchmarking. How can we access this data?
  • Can you recommend a banker? An attorney?
  • We are looking to source products overseas. Do you have any contacts who can help us?

Credence Auditors & Advisors can provide solutions to your questions.

Business Advisory Services of Credence Independent Auditors and Advisors

Services:

  • Business Consulting
  • Business Valuations
  • Litigation Support
  • Marketing Consulting
  • Mergers & Acquisitions
  • Strategic Planning
  • Succession Planning

Business Consulting Services

At Credence Auditors & Advisors, our business consultants are motivated by understanding that the services they provide must deliver results if they are to make a difference in your organization.

Our business consultants have industry specific knowledge, we take pride in the overall skills, depth/breadth of our Credence Auditors & Advisors consulting team. In addition, we have consultants with functional specialties such as marketing, technology, human resources and employee benefits that apply to all types of businesses. All of our business consultants are innovators, troubleshooters and problem solvers, ready and willing to help your business manage change and find solutions for success.

Included below are a few of the functional consulting services we can apply to your business needs and objectives.

Business process improvement

Credence Auditors & Advisors provides recommendations and strategies to facilitate greater efficiency, cost control and effective management for our clients:

  • Operations reviews
  • Strategic planning
  • Benchmarking
  • Business structure & reorganization planning
  • Inventory evaluation
  • Cash-flow management

Credence Independent Auditors and Advisors: Not-for-Profit Services

Our not-for-profit practice team members have in depth knowledge of issues and challenges facing not-for-profit. We have completed number of engagements for dozens of clients encompassing a broad range of related services including, but not limited to the following:

  • Financial and compliance audits
  • Cost recovery consulting reviews
  • Financial and operational management consulting
  • Internal audit and IT audit co-sourcing and outsourcing
  • Specialized quality assurance and advisory services
  • Assessment compliance and risk management
  • Business performance and process improvement reviews (stakeholder service effectiveness and organizational and operational effectiveness assessments)
  • Technology risk initiatives (IT governance and technology risk management services and security, controls and data privacy)

Credence Independent Auditors and Advisors: Audit Services

Think all audits are the same? Not true. While many firms are capable of conducting audits, relatively few have the capabilities of advancing beyond this process in order to benefit you. During an audit conducted by Credence Auditors & Advisors, we go beyond the numbers. We seek out ways to help you improve the operational and financial practices of your organization. You will receive these recommendations as part of your audit’s normal service.

Another difference is our first-rate audit staff, which consists of experienced and qualified professionals. Our team members utilize their specialized training by designing audit and review programs to meet your organization’s specific needs. Your audit is assigned to the staff member whose knowledge and experience is best suited to your organization. Many times, you will work with the same auditor each year, saving you the time it requires to work with someone new.

There are several areas in which our experienced and knowledgeable auditors can help you:

Audits and Reviews

Our audit services are designed to provide you with accurate financial information to enhance your business performance. Audits and reviews, long viewed as the auditing profession’s core products, are a necessary part of operating a successful business and are beneficial to you and your company. We will conduct an efficient, professional audit. Also, every audit will have recommended improvements based on the information identified during each engagement.

Compilations

Compilations offer you a snapshot of your financial position. You provide us with your information, and we will return to you useful financial statements.

audit