General Accounting Services

The professional staff of Spott, Lucey & Wall, Inc. is skilled in providing general accounting services. We are adept in using various bookkeeping software programs. We have practical experience in numerous accounting roles:

• Acting as your accounting oversight which includes watching for signs that the parent company or shareholders might be creating a taxable presence in the US (i.e. a permanent establishment or an office or other fixed place of business or "nexus" for state income tax purposes).

• Watching for transactions that might lead to US or state withholding tax liabilities.

• Reconciling asset balances.

• Reconciling liability balances.

• Reconciling intercompany accounts.

• Preparing internal use reports such as profit loss, balance sheets, budgets, comparisons of results of operations (to budget as well as prior periods).

• Interfacing with the parent company accounting department and parent company auditors.

• Supervising the office manager or other internal bookkeeping personnel in use of accounting software implementation of generally accepted accounting principles.

• Guiding the preparation sales tax reports and various stenographic reports (forms 1099, 1042, etc.), local property tax reports as well as non-tax reports (i.e. Statement of Domestic Stock Corporation, etc.).

• Preparing or evaluating models to aid in business strategy development.

• Assisting in the organization and operation of your business as needed.