Accounting Related Services:
Litigation Support Services:
Tax Related Services:
Management Advisory Services:
Accounting Related Services
Accounting Related Services
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Andrew C. Fantasia & Associates' accounting services steer you closer to these goals with accurate record-keeping and reporting, as well as, support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
- These services include but are not limited to:
- Accounting System Setup and Support
- Business Tax Planning and Return Preparation
- Cash flow Budgeting and Forecasting
- General Ledger and Financial Statement Preparation
- Personal Net Worth Statements
We can set up financial reports for your view to streamline your business and save you valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.
Request information about Accounting Related Services belowAccounting Advisory Services
At Andrew C. Fantasia & Associates, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business. These services include but are not limited to:
- Accounting Software Selection, Implementation, and Support
- Business Succession
- Cost Containment Programs
- Debt and Finance Advising
- Forensic Accounting
- Internal Control Review
- Inventory Control Procedures
- Mergers and Acquisitions
- Transaction Structuring and Negotiations
Request information about Assurance and Advisory Services below
Attestation Services
Andrew C. Fantasia & Associates' financial statement services comprise all three levels of assurance depending on your company's needs:
Audit:This service offers the highest level of assurance to third parties, and includes in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you in order to ascertain the validity and reliability of your information.
Review:
This service provides limited assurance to outside interests and involves inquiries and analytical procedures that confirm financial statement matters, as well as, identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilation:
This service is usually requested for internal purposes and is based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Request information about Audits, Reviews, and Compilation below
Litigation Support Services
Litigation Support Services
Typically Andrew C. Fantasia & Associates will serve either as consultants to the client’s attorney or as an expert witness. These terms are defined below:
Expert Consultant – As such, we are engaged by your attorney to develop information that will be used by the attorney in a variety of ways. We are usually not expected to testify and the documents we create may be protected by attorney-client privilege.
Expert Witness – We will often have to provide deposition and courtroom testimony, all of the documents created by Andrew C. Fantasia & Associates, including reports relating to the case, are subject to “discovery” by opposing counsel.
In addition to the items listed below, Andrew C. Fantasia & Associates litigation support services can involve quantification of economic loss or damages, analysis of financial records, and theft investigation.
Request information about Litigation Support Services below
Business Valuation
The range of needs for valuing businesses continues to widen, and Andrew C. Fantasia & Associates can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, and family limited partnerships. There are a number of factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
Request information about Business Valuation belowDivorce Related Services
In addition to Business Valuation Services, Andrew C. Fantasia & Associates is often used to:
- Prepare Schedules of Marital and Separate Assets and Liabilities;
- Perform forensic examination procedures to uncover non-disclosed assets (asset tracing);
- Determine the amount of income earned by the related parties and the expected living expenses they will incur during and after the divorce process;
- Prepare Schedules of Net Disposable Income and Expenses;
- Optimize Support Payments between Alimony and Child Support to Minimize Tax Implications;
- Assist in Finalizing Property Distribution and Support Agreements; and
- Review Prior Agreements for Alimony and Support Compliance.
As a result, Andrew C. Fantasia & Associates has the expertise to determine an equitable allocation of assets and liabilities, as well as, minimize the future tax aspects of the support agreement.
Request information about Divorce Related Services below
Forensic Accounting
Forensic accounting is an accounting that is used in a court of law, including the application of accounting theory, principles, and calculations to actual or hypothetical issues in a legal proceeding. Andrew C. Fantasia & Associates forensic accounting services can be employed in a wide range of situations. including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.
Request information about Forensic Accounting below
Tax Related Services
Tax Related Services
At Andrew C. Fantasia & Associates, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize their tax liability, maximize cash flow and keep them on track in order to assist them in attaining their financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing, as well as, recently altered tax laws.
Request information about Tax Management Services below
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Andrew C. Fantasia & Associates can advise you on choosing an entity type and later restructuring, if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Request information about Entity Selection and Restructuring below
Estate and Trust Planning
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Andrew C. Fantasia & Associates' role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
Request information about Estate and Trust Planning and Tax Preparation below
Individual and Business Entity Tax Planning and Preparation
The tax systems in our federal and state governments require that we pay tax in accordance with the respective tax laws in effect. It is our responsibility to our clients to ensure they comply with these regulations; however, it is also our responsibility to ensure they utilize efficient and effective measures to minimize and avoid such taxes whenever possible. Our clients benefit from our objective analysis to assist in achieving this goal. Andrew C. Fantasia & Associates' role is to help you navigate the complex and shifting tax laws. We encourage our clients to meet with us on an annual basis to review their tax position before the year end. Having your taxes thoroughly and carefully planned will ensure that you do not pay unnecessary taxes.
Request information about Estate and Trust Planning and Tax Preparation below
IRS and State Tax Representation
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are knowledgeable and up to date on the tax laws and can make sense of any tax notices. We are ready and willing to answer any and all questions the IRS or the State tax department may be asking of you.
Request information about IRS Representation below
Management Advisory Services
Management Advisory Services
At Andrew C. Fantasia & Associates, we offer Management Advisory Services with the purpose of providing cost effective advice and assistance to our clients so they can efficiently use their resources to achieve their specific goals. One of the primary characteristics of our clients is the need for prompt advice that provides the basis for an effective decision or action without unnecessary cost.
Request information about Management Advisory Services below
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Andrew C. Fantasia & Associates can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. It is a very good business practice to update your cash flow and operating budget on an annual basis or if and when there were any major changes in your business structure. This will help ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
Request information about Cash Flow and Budgeting Analysis below
Computer Consulting
As technologies rapidly advance, companies increasingly need to update their computer systems. Andrew C. Fantasia & Associates can audit your system competencies and gauge upgrade needs, as well as, provide support in choosing and implementing new hardware, network or financial/accounting systems. As experts in this field, we can put your computer problems at bay, as well as, improve your computer system's performance taking into consideration any budget you may have. For further information on this matter, refer to our link to Fantasia Technology Partners, LLC.
Request information about Computer Consulting below
Debt and Finance Advising
Whether your needs are corporate or personal, Andrew C. Fantasia & Associates professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.
Request information about Debt and Finance Advising below
Financial Projections and Forecasts
No one can predict the future perfectly, but we can all benefit from planning for it. Andrew C. Fantasia & Associates combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.
Request information about Financial Projections and Forecasts below
Financial and Retirement Planning
Andrew C. Fantasia & Associates’ goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Andrew C. Fantasia & Associates can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
Request information about Financial and Retirement Planning below
Internal Controls (Sarbanes-Oxley)
In recent years, due to increased costs, rapidly changing technologies, and extreme levels of domestic and foreign competition there has been an increased level of interest in internal controls. There is a continuing belief that effective internal control is what ultimately safeguards business assets from fraud or other illegal acts by company management, employees or third parties. In July 2002, in response to recent well publicized major corporate failures, President Bush signed into law the Sarbanes-Oxley Act of 2002. Although the Act generally applies to public companies and their auditors, it further emphasizes the importance of internal control. To assist in this area, Andrew C. Fantasia & Associates can provide the following professional services to help you strengthen your internal controls:
- Opinion About the Effectiveness of Internal Control Under the AICPA Attestation Standards;
- Report on the Results of Internal Audit Services;
- Consulting Engagements on Implementation of Measures to Reduce the Risk of Fraud;
- Consulting Engagements on the Design or Improvement of Internal Controls, Including Assisting or Advising Management with the Evaluation of Internal Control, done in Connection with Sarbanes-Oxley.
Request information about Internal Controls below
Inventory Controls and Safeguards
For many companies, inventory is perhaps the most significant asset on the balance sheet. As a result, it is essential that precise control and safeguarding of inventory is necessary for a successful, well-organized business. In today’s demanding information environment, management requires timely and accurate information on inventory location, status, movement, valuation and replenishment factors. Inaccurate inventory counts can cost you sales, delay customer shipments past the promise dates, out-of-stock items represent lost sales, over stock items result in tying up valuable cash resources, unnecessary financing costs, waste and lost profits. To assist in this area, Andrew C. Fantasia & Associates can provide the following professional services to help you strengthen your internal controls:
- Review Existing Inventory Control Policies and Procedures;
- Evaluate and Report on the Merits of your Existing Inventory Control System; and
- Generate Reports such as Reorder Points, Turnover, Stocking Levels, etc.
As a result Andrew C. Fantasia & Associates can help you bring about the formulation of new or improved purchasing policies, sales policies, pricing methods, and, possibly, enhanced customer service. The objective of which is to conserve resources and improve your profit.
Request information about Inventory Controls and Safeguards below
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Andrew C. Fantasia & Associates can provide professional know-how to help you successfully structure and negotiate the deal. Andrew C. Fantasia & Associates employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.
Request information about Mergers, Acquisitions, and Sales below
