Accounting & Tax Consultants is your local, full-service expert in tax preparation services, accounting, bookkeeping services, payroll services, and more! Locally owned and operated in High Point, we...
High Point (NC) - - Phone: (336) 885-1040Whether you’re a small business owner looking for a bookkeeping expert or an individual in need of help with your tax return, choosing B & B Accounting Service to handle your payroll and taxes is...
High Point (NC) - - Phone: (336) 841-4411When you’re looking for professional accounting services, it pays to find an experienced certified public accountant with a proven record of satisfied customers. At Odom & Company LLP in High Point,...
High Point (NC) - - Phone: (336) 889-3422Established in 2005, Scott Cornelius, CPA, PC specializes in tax preparation and consultation, bookkeeping, payroll and accounting services, part-time CFO projects, and more in High Point, NC and the...
High Point (NC) - - Phone: (336) 885-5100
Accounting is defined as activities comprising analyzing, recording, summarizing, reporting, reviewing, and interpreting financial information. Bookkeeping is a subsection under accounting, whereby financial transactions are kept on record. The latter is a day-to-day record of transactions, whereas accounting also involves activities such as filing financial reports, communicating the same to shareholders and owners, and a spectrum of other activities that uses the data accrued by bookkeepers. Companies, especially larger ones, often choose to outsource the keeping of financial records to specialized agencies that offer accountancy and bookkeeping services in High Point. Using a well reputed service center in High Pointoffers a number of advantages: one can cut down on employee costs since in-house accountants would be no longer necessary, data security and backup systems can be established, this can be less expensive and cumbersome than self-handling the accounts, customer service can be availed round the clock in case of problems, and the same center can also do multiple activities such as file reports and calculate taxes. Common financial statements include the income statement, the balance sheet, The cash flow statement and the statement of retained earnings. Now, a number of specialized softwares are available in the market, which enable speedy and accurate financial records and analyses. Standards for the agencies also exist, so one can trust the services offered by the same.