Top 2 Best Companies for Accounting & Bookkeeping Services Near Youngstown

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Top 2 Best of Accounting & Bookkeeping Services Near Youngstown
Below is a list of businesses which provide Accounting & Bookkeeping Services services. If you do not see your business in the list, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings nearby. This listing is optimized to best perform for people searching for Accounting & Bookkeeping Services and similar categories "near me".

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  • Cohen & Company

    Named one of America’s Most Recommended Tax and Accounting Firms by USA TODAY, Cohen & Company offers assurance, tax and advisory services to clients throughout the U.S. and worldwide. The firm...

    Youngstown (OH) - - Phone: (330) 743-1040
    Business Listing

 


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What Is: Accounting & Bookkeeping Services?

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 Youngstown. Using a well reputed service center in Youngstownoffers 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.



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