Our Services All of our services are provided in a professional yet personal manner. We realize that your time is valuable. Our years of experience allow us to provide you with quick and yet accurate answers to your questions. A commitment to personal service and a proven track record of customer satisfaction is what makes Britts & Associates, LLP the firm that can accommodate your present needs and enable you to plan for the future with confidence. Britts & Associates, LLP is a team of professionals dedicated to providing a wide range of quality service for all your business and personal needs. We provide services throughout the cycle of any business venture, advising our clients from acquiring, opening or expanding a business to closing or selling a business. Our team provides bookkeeping and accounting services, from payroll processing and/or tax reports to preparation of financial statements, audits, cafeteria plans, business plans or projections, and assistance in obtaining financing. Our team also provides retirement planning, and analysis of investment vehicles. We offer experienced tax preparation for all entities. Our experience can also be used to assist you with tax audits before the IRS, installment payment agreements, and offers in compromise. Financial Planning Britts & Associates, LLP offers financial planning with a twist. We have "no products" to sell. We can assist you in planning for those events life will surely throw your way from buying a home, saving for your children's education, planning for retirement or transferring your assets at your passing. We help you take a big-picture look at where you are financially. Our process includes the six elements of the financial planning process which includes: Establishing and defining the client-planner relationship Gathering client data Analyzing and evaluating your financial status Developing and presenting financial planning recommendations Implementing the financial plan Monitoring the financial planning recommendations Bookkeeping & Accounting Services The time to see an experienced professional is before the doors of the business are open. Experienced professionals, like the ones at Britts & Associates, LLP can guide a new business from the very beginning. We will help you determine the best type of business entity for you. We will help you setup the most efficient bookkeeping. The firm can do as little or as much of the bookkeeping as your business needs. In the new age of outsourcing, we can provide all the bookkeeping, including payroll, or we can complete the process by compiling financial statements and preparing tax returns. It will depend on the needs of your business. General bookkeeping Assistance with the selection and training of your bookkeeping personnel Payroll processing Accounts and notes receivable collections Accounts payable processing Tax Services Because tax laws are constantly changing, an individual or business organization often finds it beneficial to obtain the services of a professional. A professional who is current on tax laws and regulations can help minimize overall tax liability. The professionals at Britts & Associates, LLP have years of experience and continually monitor tax changes. These professionals will fit the best strategy to each individual's unique situation. Timing is very important in determining tax savings or tax deferral, therefore early tax planning with a professional can lead to tax savings. Assistance in the compilation and filing of tax returns for all entities Tax planning for income and estate taxes Representation before the IRS for tax audits Negotiation of installment agreements and offers in compromise with the IRS Assisting with the development of qualified, tax saving retirement plans Assistance in determining the best strategy to minimize tax liability Auditing Services From the small closely held company to the large multi-state and multi-location non-publicly traded company, we offer a wide variety of financial services including audits and reviews of financial statements to evaluation of the internal control structure of the Company. Audited financial statements provide users with reasonable assurance that the financial statements present fairly, in all material respects, the financial position and results of operations of the company. In addition to the stockholders of the Company, external users of financial statements such as investors or creditors, may need the assurance that audited financial statements provide a fair presentation of the financial statements. Even if you are a small closely held company, you may desire these services from our trained auditors. Reviewed financial statements provide limited assurance that the financial statements are fairly presented. A review of financial statements consists principally of inquiries of company personnel and analytical procedures applied to the financial data. Since a review is substantially less in scope than an audit, we can provide this service at a lower cost to the Company and this service may be better suited for a small closely held company. At times management may also need a trained outside professional to evaluate operations to determine if the proper controls are in place to ensure proper handling of resources. The professionals at Britts & Associates, LLP can assess the internal controls to determine the efficiency and effectiveness of operating procedures. This assessment can lead to recommendations that will aid management in correcting inefficient or ineffective operating procedures. The evaluation of internal controls can also determine if any material weakness exists in the control structure of the Company that could lead to the loss of Company assets. Our Auditing Services Include: Audits of financial statements of non-publicly traded companies Review of financial statements Evaluation of internal accounting and operating controls Special Purpose Audits Single Audit Act engagements Audits of State of Texas programs Audits of retirement plans (full scope and limited scope) Audits of trust or non-profit entities Audits of local governments and municipalities Determination of compliance with applicable laws and regulations Management Advising Services Management may at times be too close to see the whole picture or too busy to plan and evaluate the direction of a business. This is when a professional, such as the ones at Britts & Associates, LLP, steps in. We work very closely with our clients to completely understand their business. However, because we are outside the business, we can use our years of experience to evaluate the business, provide answers, and improve the overall operations. We have the experience and time to develop plans for opening, expanding, or financing a business venture. Assistance in obtaining financing Business plans or projections Evaluation of business decisions Backup support for the accounting department Retirement planning and administration Cafeteria plans Please call us today at (210) 735-9101 or use the form below for fast and friendly service! Fraud Investigation Unfortunately, things happen in a business that the business owner does not want to happen within their company and this may be the result of fraud being committed by employees or others. Our team of professionals can come in and review the records to determine if fraud was committed and to document the losses that were caused by fraud. Further, we can provide services that will help the company strengthen its internal control to minimize the risk of fraud. Fraud is a real business risk that management must address in today's business climate. Fraud not only can have a financial risk but a risk to the reputation of the company. Here are just a few areas that we can assist you in relation to fraud: Unapproved use of company credit cards Embezzlement of cash Lapping scheme in connection with accounts receivable Unapproved rates of pay/bonuses Sales commissions schemes Fictitious customers and/or vendors Quickbooks Training Quickbooks is the dominant accounting program in today's market. When you buy the program "off the shelf", little training and support is offered. We offer hands-on training with Quickbooks. Our goal is to make the user self-sufficient and learn the skills they need for their company without having to train them on the myriad of functions that are available but not needed in their circumstances. We have a training room ready for client use to allow them to be trained on their records without the day-to-day interferences of their worksite. Our Quickbooks training can include any and all of the following: Recording of daily cash sales Preparing and entering cash disbursements Reconciliation of bank accounts Entering of vendor invoices Entering of customer orders Payroll processing and reporting Sales tax reports