GRA CPA LinkedIn

BBB Business Profiles generally cover a three-year reporting period, except for customer reviews. This business is in an industry that may require professional licensing, bonding or registration. To become accredited, a business must agree to BBB Standards for Trust and pass BBB’s vetting process. With a commitment to excellence, GRA CPA emphasizes professional integrity and personalized service. We are committed to helping you get through the tough moments in business so that you can enjoy your life. Due to COVID tax legislation and their many changes, we are experiencing current backlogs as we ensure we are maximizing our value to gra cpa our current clients.

We offer tax planning, bookkeeping, financial statements, business consulting, and retirement planning. ✎ GRA CPA offers a variety of accounting and financial services to suit your business needs. A licensed financial assertion is one that has been reviewed and approved by a certified, independent auditor. Many of those financial statements – together with those within the firm’s annual report and people provided to shareholders in reference to the solicitation of proxies for annual conferences – have to be examined and reported on by an impartial auditor. Even if not required, many companies choose to have audits performed anyway as a result of they’ll yield priceless advantages.An auditor is an impartial certified public accountant who examines the monetary statements that an organization’s management has prepared. Compiled financial statements generally vary in costs from $800 – $3,500 primarily based on the dimensions and complexity of your company and can take 1-2 weeks to complete.CPAs will usually spend days or even weeks in a client’s office to carry out the audit, and are given broad access to financial and different data.

• It does not involve gaining an understanding of the company’s internal controls or any testing of the underlying data.
• Taxpayers within the turnover bracket of GH¢90,000 up to GH¢5 million are categorized as medium taxpayers, while those with an annual turnover of less than GH¢90,000 are classified as small taxpayers.
• For some corporations, audits are a legal requirement as a result of compelling incentives to intentionally misstate financial information in an attempt to commit fraud.
• Much emphasis has been given to reports of financial statements — the balance sheet, income statement, and the statement of cash flows.
• Taxpayers with an annual turnover of over GH¢5 million are classified as large taxpayers.

Essentially, the CPA reviews the financial statements prepared by the company and attaches an accountant’s report to it. The auditor’s report after a review will note whether the auditor is aware of any “material modifications” that should be made to the financial statements. During a review, the auditor examines the financial statements but does not conduct an examination of the nonprofit’s internal controls (which is https://www.nexgenpackaging.com/accrued-revenue-vs-deferred-revenue-what-you/ normally included in the scope of an independent audit).

• A monetary audit is an goal examination and analysis of the financial statements of a corporation to be sure that the financial records are a good and accurate illustration of the transactions they claim to characterize.
• The partnership will see the tax authority receive 30 percent of the property revenue mobilization to cover for systems, logistics and other financial overheads accrued and will credit the 70 percent to the respective MMDAs.
• Whether you are an individual or a local business in or around Trenton NJ, Gerald P. Calamia has years of valuable experience as an IRS registered tax preparer.
• File and make payments for all tax types
• We recognize the complexity and distinctiveness of modern financial decision-making that calls for technological accuracy and promptness.
• The Sarbanes-Oxley Act of 2002 units requirements for exterior, independent auditors and requires that they submit an Internal Controls Report with licensed monetary statements.

Orlando Sentinel

Contact Gerald P. Calamia, tax filing specialist in Trenton NJ, for help with your taxes. Whether you are an individual or a local business in or around Trenton NJ, Gerald P. Calamia has years of valuable experience as an IRS registered tax preparer. And we do not recommend financial strategies irregardless of tax implications.

Taxpayers within the turnover bracket of https://www.selfieoutdoor.com/blog/solved-1120-s-form-in-turbo-tax/ GH¢90,000 up to GH¢5 million are categorized as medium taxpayers, while those with an annual turnover of less than GH¢90,000 are classified as small taxpayers. These are upstream and midstream petroleum companies, banking institutions, insurance companies, mining companies and quarries, and members of groups of companies where at least one member qualifies as a large taxpayer. Taxpayers with an annual turnover of over GH¢5 million are classified as large taxpayers.

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Compiled financial statements generally range in costs from $800 – $3,500 based on the size and complexity of your company and can take 1-2 weeks to complete. Compiled financial statements represent the most basic level of service offered by a Certified Public Accountant with respect to financial statements. The financial statements are used by investors, market analysts, and creditors to evaluate a company’s financial health and earnings potential. The three major financial statements for a business are the balance sheet, income statement and cash flow statement. A review provides limited assurance, based primarily on analytical procedures and inquiries, that the CPA is not aware of any material modifications necessary for the financial statements to conform to GAAP. A profit and loss statement (P&L), or income statement or statement of operations, is a financial report that provides a summary of a company’s revenues, expenses, and profits/losses over a given period of time.

The best approach to determine the auditor of a publicly traded firm is to check the corporate’s most recent filings utilizing our EDGAR database of corporate filings. Public firms are required to supply audited monetary statements to their shareholders and file them with the Security and Exchange Commission. Such an accountant can interview your workers to make sure they follow the guidelines on billing and educate them the place needed.A firm’s monetary statements may be examined and permitted in a course of called an audit by Certified Public Accountants, or CPAs. That doesn’t suggest you can’t get an occasional second opinion on your financial statements and health.

Ghana Revenue Authority

We offer you these solutions through our extensive knowledge, experience and proven strategies which will take your business to the next level.In today’s world, the traditional CPA profession is an aging field becoming outdated in technology and forward-thinking solutions. We understand how difficult it can be when you are in need of solutions for you and your business. Please inquire with a detailed voicemail or email as to the services you are seeking and a callback number or email. We offer a FREE business tax returncomprehensive second opinion for business owners. So, if a nonprofit does not have the internal capacity to put its financial records into a “professional” format, a compilation can accomplish that. The least expensive report, and one that should satisfy most banks for small and mid-sized business, is a compilation.

He took the time to explain my taxes each step of the way and explained my return to me completely. Taxes are a foreign thing to me, especially after starting my own company and being responsible for self employment tax. Our licensed professionals are known for providing exceptional service and valuable insights. GRA CPA is an internationally recognized, licensed CPA firm based in Orlando. This Unified Common Property Rate Platform also known as MYASSEMBLY.GOV.GH is a complete end-to-end district revenue collection and administration platform designed to enhance the collection and accounting of property rates. The Ghana Revenue Authority has announced the implementation of amendments to several tax laws, notifying the general public that these changes are now in effect.

For Businesses

Great customer services aligned with a solid tax knowledge, makes them a great asset in the tax business. The establishment of the GRA is part of the reforms in revenue administration of tax collection in Ghana which began in the mid-eighties when CEPS and IRS were taken out of the Civil Service and made semi-autonomous and self-accounting public sector institutions with separate boards. Compiled financial statements characterize the most basic stage of service provided by a Certified Public Accountant with respect to financial statements. They can https://icse.donboscomannuthy.in/quick-easy-to-use-reverse-amortization-calculator/ (however usually do not) carry out bookkeeping features, however usually, they put together detailed monetary statements, perform audits of the books of public companies, and so they could put together stories for tax purposes.

This information is detailed to ensure GRA CPA’s primary focus is on their work quality and independence as advisors.All businesses should affordably access CPA services to boost their efficiency and growth. The firm offers a range of services designed to meet the financial needs of its clients, standing behind the results it delivers. As an internationally recognized CPA firm, we offer forward thinking and proactive solutions to businesses and business owners. Much emphasis has been given to reports of financial statements — the balance sheet, income statement, and the statement of cash flows. Unlike the balance sheet, the income statement covers a range of time, which is a year for annual financial statements and a quarter for quarterly financial statements.

We have the big firm work experience with a commitment and focus on our clients long-term financial well-being. At GRA CPA, our team members are comprised of Certified Public Accountants (CPA), IRS certified Enrolled Agents (EA),  and licensed Health and Life Agents (215). More established businesses aren’t glad. Many clients laud Grant’s speed, excellence, suitability for small and new businesses. We combine knowledge and proven strategies that have worked for other firms to scale your company to another level. The business’s demands will sometimes give you a headache, but we have the solutions.

We are certified public accountants that are experienced, pro-active, aggressive and up-to-date on current issues; and most importantly, we are client-oriented. We offer forward thinking and proactive solutions to businesses, business owners, and high-net worth individuals. Their expertise aims to provide reliable financial solutions that strengthen client confidence and support their business objectives. GRA CPA is a licensed accounting firm located in Orlando, Florida, known for its trusted accounting professionals. A primary objective in developing policies and procedures over the accounting function is to improve the timeliness, accuracy and completeness of these statements. These three are the most important reports on the overall financial condition of the company over a given period of time.

The income statement explains the sources of net profit or loss and covers a specific time period, such as a month, quarter or year. The balance sheet breaks down what the company owns (its assets) and what it owes (its liabilities). It does not involve gaining an understanding of the company’s internal controls or any testing of the underlying data. File now on taxpayersportal.com to avoid penalties. File and make payments for all tax types ✎ Here is the list of all single business from our database.

Such statements are thought of extra dependable than unaudited statements and are obligatory for publicly traded firms.For instance, an audit can help an organization ensure the accuracy of its monetary data, and might help identify weaknesses in inside controls and methods to improve inside controls. An audit could also be required by a 3rd-celebration user of your organization’s financial statements, corresponding to a lender, investor (or different funding supply) or government regulator. A monetary audit is an goal examination and analysis of the financial statements of a corporation to be sure that the financial records are a good and accurate illustration of the transactions they claim to characterize.