We do everything we can to mind your business.
At DHAG, business owners can anticipate peace of mind knowing that their financial and tax needs are being met by qualified and experienced professionals. If your company requires assistance with Accounting Services, Tax Services, Financial Statements (Audits, Reviews and Compilations) or consulting services, our experts can help you.
We are a full-service accounting and advisory group designed to meet all of your financial needs. We take pride in providing our clients with their financial information in a timely and accurate manner.
Meaningful, well-organized financial records ensure that your business will have the tools it needs to make informed decisions for a broader view of where your business is – and where it’s going.
Davis & Hodgdon CPAs
Tax services demand a proactive approach versus one that is reactive. Why? By keeping current on new tax laws and legislation (proactive), we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities (instead of reacting to a potential tax problem).
You can take advantage of an impressive number of tax planning and return preparation services for:
- Nonprofit organizations
- Representation and guidance re inquiries from tax authorities
- Buying or selling a business
Business Consulting & Advisory Services
In addition to the above services, DHAG also offers a vast range of advisory services developed to analyze and map tangible solutions to key business and personal issues our clients face.
We set regular client meetings designed to develop your overall financial goals – and help you move toward achieving them, including, to name a few:
- Succession planning
- Proactive versus reactive preparation
- Estate planning
- Wealth Management and retirement planning
To keep our clients informed on various areas of their business we prepare three levels of financial statements:
The first level of service is the compilation. There is no verification that the numbers presented in the statements are accurate and financial statements produced are for management and third-party use.
More involved than a compilation, but not as comprehensive as an audit, reviews provide limited assurance. Key personnel are interviewed about the company’s accounting policies and procedures, industry, operations and financial statements. A review report is issued as well.
Audit services are the highest level of service provided. We work closely with key personnel to gain knowledge of internal control systems (checks and balances).Verification and substantiation procedures are performed in accordance with Generally Accepted Auditing Standards (GAAS).
Audit, Review or Compilation?
You may be wondering which one is best for your business. The answer depends on the level of assurance or financial accuracy that you want. For instance, you may decide a compilation is all you need this year, but in subsequent years, you may decide that a review – or even an audit – provides better information about your financials and enables you to make better decisions about the future growth of your company.
Do something wise today
Schedule a time for a free consultation.