Services
Assurance
Independent work, for the moments someone else is reading your numbers
Audits, reviews, compilations and agreed-upon procedures delivered through our licensed CPA firm, plus full representation if the IRS comes calling.
- Planning
- Scoped before fieldwork begins
- Independence
- Through our licensed CPA firm
- Representation
- Federal and state examinations
- Deliverable
- Report your reader will accept
Lenders, investors, franchisors, bonding companies and boards all eventually ask for something an owner cannot produce alone. Assurance work is how that request gets answered, at the level of independence the reader requires and no higher than you actually need.
We will tell you plainly which level of service your situation calls for. Paying for an audit when a review satisfies the covenant helps nobody.
What is included
Audits
The highest level of assurance, for lenders, bonding requirements, investors and boards that require an opinion.
Reviews and compilations
Proportionate engagements that satisfy most lending covenants and third-party requests without the cost of a full audit.
Agreed-upon procedures
Targeted testing on the specific areas a third party has asked about, reported without an overall opinion.
IRS audit representation
Full representation and correspondence management if you are examined, including penalty abatement requests. One flooring contractor came to us facing a five hundred thousand dollar bill that was ultimately eliminated.
Lender and investor reporting
Ongoing covenant reporting packages prepared to the format and deadline your agreement specifies.
Who this is for
- Businesses with a lending covenant or bonding requirement to satisfy
- Companies raising outside capital or reporting to a board
- Any owner who has opened a letter from the IRS this month
Also worth reading
The rest of the practice
Most clients start with one of these and add the others as the business asks for them.
Accounting & Bookkeeping
Monthly reconciliation, clean reporting and cash flow you can read at a glance, closed on a schedule you can set your calendar by.
Tax Preparation
Business and individual returns, multi-state filings and amendments, prepared by CPAs and enrolled agents who have already seen your situation before.
Tax Planning
Entity structure, S corporation elections, quarterly estimates and deduction strategy, reviewed throughout the year while the outcome can still be changed.
Advisory
Cash flow forecasting, KPI reporting, financing readiness and growth decisions, from advisors who have already read your numbers before the call starts.
Next step
Start with a conversation, not a contract
Thirty minutes to talk about where your business is, what it needs, and whether LedgerWay is the right fit. Every engagement is quoted after that call.