Marien + Co. Certified Public Accountants + Advisors
124 New London Turnpike Norwich, CT 06360
Phone: 860-886-1750 | Fax: 860-886-0280
124 New London Turnpike Norwich, CT 06360
Phone: 860-886-1750 | Fax: 860-886-0280
Client Connect
Your own "self-service" area! Check on your account and connect with us at your convenience.
Services
Accounting & Auditing
Financial Statements - Audit, Review and Compilation
Generally, our first discussion of financial statements will be to determine your contractual obligations for financial statements. Are you required to have an audit or would one of the other, more cost effective, combination work for you? Many times we find organizations asking for an “audit” when they really mean “financial statement”. We work through the conversations. What financial statement format would best suit your internal needs? Sometimes your needs are better served with tax-basis or cash-basis financial statement and not statements prepared using Generally Accepted Accounting Principles (GAAP).
Companies need accountants who know their business and can display this knowledge in their accounting services. Audits, reviews, and compilations are important elements of Marien + Company, not just an extra service. These services provide the greatest benefit to our clients because we take the time to understand how you will be using these financial statements and work to development them to your needs.
Completing our accounting services in a timely manner, in accordance with our established plan and budget, is very important to us. We keep the lines of communications open between your staff and ours by being accessible and responsive throughout the engagement. We use change orders to clarify any revisions in the original contract to make sure that there are no unpleasant surprises. Our goal is to exceed your expectations.
And, you can be confident of the quality of our services. Because we perform audits, we have a full on-site peer review every three years. We have consistently received the highest level of assurance on our quality control standards and we proudly and publicly share this report.
Budgets, Forecasts and Projections
One of the hardest things to do is to predict the future. Where do you start? We work with our clients to help them develop expectations for future revenues and then calculate the related expenses. Sometimes these expectations are based on continuing the status quo, sometimes they are based on growth factors, and sometimes they are based on adding a new variable – such as a new product line – to the prediction. Marien + Company has experience in helping clients predict the future and then monitoring how the actual is stacking up to these predictions.
Establishing Systems and System Reviews
Are your financial systems as efficient as they could be? Or, are there places where people, programs and procedures could be better coordinated? Streamlining systems adds efficiency and accuracy to your financial reporting. Marien + Company can walk through your financial reporting system and develop recommendations for improvements. In addition, are there risks in your systems that your assets may not be used as management has intended? What internal controls do you have built into your financial systems to prevent loss from errors and irregularities? At Marien + Company we can review your system for you, or you can come to one of our many classes to learn about what to look for and how to set the systems up yourself.