Peace of Mind for Your Finances. Really.

Financial reports aren’t just statements to be filed away for the IRS. They’re tools that can help you develop strategies to grow your business. We’ll make sure your business is compliant, of course, but then we’ll analyze the numbers to generate new ideas and strategies that will keep you compliant while increasing profits.

Employee benefit plans must comply with strict rules and reporting requirements. As a member of the AICPA Employee Benefit Plan Audit Quality Center, we have a deep understanding of plan compliance. Because of our team’s skill and expertise, we complete audits thoroughly in a timely manner.

If the IRS were to ask you about your employees’ 401(k) plans, would your answers satisfy them? Just like the rest of your employee benefit plans, it’s important to make sure the 401(k) plans you offer are compliant. We stay up-to-date with the frequent changes to federal laws and can routinely check your 401(k) plans to make sure you and your employees won’t be penalized.

Refinancing to take advantage of a lower interest rate or to increase cash flow with a lower monthly payment may seem like a good idea. But is it really right for your family and your long-term goals? Let our experienced team review your finances to first make sure that refinancing is the right choice. Then we’ll walk you through the process step by step.

Budgeting—knowing how much money you have each month and where it’s all going—doesn’t have to be a complicated process. But with all sorts of conflicting advice out there, it’s easy to get overwhelmed, put it off, and just hope for the best. At NYBKW, we’re all about building a long-term relationship so we can help you use your funds wisely, earn more money, and adjust your plan over the years as your needs and goals change.

If your financial reporting needs don’t require an audit, we can assist you with attestation engagements. These include agreed-upon procedures engagements, reporting on financial forecasts and projections, reporting on pro forma financial information, and compliance attestation.

You may have great records of your financial data, but in many cases, it needs to be presented in a specific way—when approaching lenders, for example. Our experienced team will review and examine your finances and, where necessary, compile them appropriately. Our review process will also uncover potential issues that need to be addressed.

For cooperative housing and condominium associations, we calculate shareholder tax deductions for mortgage interest and real estate taxes and prepare notification letters, as required by Section 216 of the Internal Revenue Code.

Condominium and cooperative housing associations are subject to strict federal, state, and local regulations. Part of this often includes a required yearly audit to ensure that the association is managing funds correctly. Our team has decades of expertise in preparing these audits.

No one wants to discover signs of embezzlement or fraud in their business. If it does happen to you, you’ll want a team who can uncover what went wrong, who was involved, the financial and legal impacts, and what steps you can take next. Our experienced accountants have expertise performing fraud investigations, determining economic damages and liability, working with legal counsel, and serving as expert witnesses.

The standard financial statements used by businesses—balance sheets, income statements, cash flow statements, and statements of changes in equity—need to be accurate and prepared properly. Our team will double-check every line of every statement to make sure they’re in line with accepted standards.

With strong internal controls in place, you’ll be confident that you’re managing risk and running your business as efficiently as possible. Say good-bye to months where the ledgers don’t quite add up. Understand if you’re at risk for fraud and how to prevent it. We’ll start with a full assessment and recommendation of controls for your business, help you implement them, provide employee training, and review the results.

You can’t run your business without technology, so you need to be able to trust that technology. Our team will help ensure that financial and other critical information is handled and stored securely and that the technology services you use are aligned with best practices.

Public companies need to be especially diligent with their reporting and financial statements. Registered with the Public Company Accounting Oversight Board (PCAOB), our team is trained to prepare audits in accordance with the high PCAOB standards, so you can rest assured that you’re fully compliant at all times.

Preparing the statements required of an individual, small business, or public company can be time-consuming and overwhelming—yet attention to detail can’t be sacrificed. Instead of trying to figure it out yourself, let our experienced team handle everything from monthly statements to disclosures.