Client Accounting Services – Indiana
Indiana business owners and executives need timely and accurate financial reports to inform both everyday and strategic decisions. Disruptions to the accounting and financial reporting process due to unexpected staff turnover, outdated accounting systems or an overwhelmed department can lead to significant frustrations and missed opportunities.
While some attempt to address the challenge internally, the time needed and cost incurred can be significant. For this reason, many turn to Client Accounting Services to address short- and long-term issues.
Adams Brown, Strategic Allies and CPAs, is a Certified Public Accounting (CPA) firm that provides client accounting services to companies in Indiana and across the U.S. We work with a variety of organizations ranging from those with no internal financial team up to those with a sophisticated accounting department that need additional support. The team can help you identify issues, understand needs and implement timely solutions. The result is an optimized accounting process that makes managing your business easier.
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Whether you’re looking for assistance with a short-term project or need ongoing support, Adams Brown stands ready to assist.
Outsourced CFO Services
- Assisting with federal and state tax compliance and reporting
- Developing cash flow improvement programs
- Developing key relationships with venture capitalists, bankers, auditors and lawyers
- Developing strategies and tactics to minimize overall tax liability and exposure
- Evaluating and creating internal controls
- Evaluating equity transactions
- Managing capital to improve profitability
- Overseeing financial and accounting functions
- Producing accurate, meaningful financial statements
- Serving as a liaison to lenders, investors and other outside financing sources
Outsourced Accounting Services
- Post cash receipts and disbursements
- Reconcile bank accounts monthly
- Process accounts payable including obtaining proper account codes
- Manage payroll and payroll reporting
- Set up customized chart of accounts
- Manage invoicing and accounts receivable
- Prepare general ledger and financial statement compilations
- Summarize data required for tax returns
- Prepare sales tax returns
- Assist with day-to-day journal entries
- Set up and support QuickBooks software
- Manage depreciation schedules
Benefits of Outsourcing
About Indiana
Manufacturing has long been a cornerstone of Indiana’s economy. The state is home to a robust manufacturing sector, with companies like General Motors, Subaru and Toyota operating major production facilities. Automotive manufacturing is particularly prominent, with Indiana ranking among the top states in automobile production. The state’s central location and excellent transportation infrastructure make it an attractive destination for manufacturing companies.
Agriculture is another significant sector in Indiana’s business community. The state’s fertile soil and favorable climate support diverse agricultural activities. Farmers cultivate corn, soybeans, wheat and livestock contributing to the nation’s food supply. Indiana is also known for its strong agribusiness sector, encompassing farm equipment manufacturing, seed production and food processing industries.
Indiana has been making strides in the technology and innovation space. Indianapolis, the state capital, has emerged as a center for tech startups and entrepreneurship. The city’s vibrant tech community is fueled by supportive networks, incubators and accelerators, fostering innovation and attracting talent. Companies in sectors like software development, healthcare technology and cybersecurity are thriving in Indiana.