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Even the most qualified managers can benefit from competent, objective feedback. We can help your company’s management team to develop long-term objectives and specific strategies to facilitate your business’ future growth and success. The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks. Many of our clients are responsible for collecting and submitting sales taxes in their home state as well as other states in which they operate. In this case, we can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
It is just too easy to overlook deductions and credits to which you are entitled. Moreover, even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional. R&D Tax Credits are complicated because of the nuanced nature of the requirements and how projects or business are assessed against those requirements. Very often companies not only need but benefit financially from engaging professional help from qualified R&D Tax Credit experts to determine if their projects constitute ‘Qualified Research’ in the context of the credit requirements. A qualified R&D Tax Credit expert will also help their clients evaluate their work within the framework of those to provide more clarity on the matter and ensure maximum allowable benefit is claimed through the R&D Tax Credit. Azran Financial’s Forensic Accounting, Litigation Support, Business Valuation and Fraud Examination professionals are dedicated to delivering the highest quality analysis and expert witness services.
A cash crisis can be emotionally devastating and it can even kill your business. If you’ve ever had to beg, borrow and steal to cover tomorrows payroll you know what I mean. An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized azran financial list of all your expenses to come up with a profit or loss for the period. As a small business owner you have more important things to do than to keep your own books.
Over recent years, North American companies have been one of the leading lights of the business domain. Despite the challenges and uncertainty that the industry faces, both organisations and individuals in this diverse region steadfastly refuse to let anything cease them from achieving true excellence in their respective sectors. The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection for you.
Under this method, you record your income when you have an invoice for services provided, rather than waiting to get paid for that service. You recognize a business expense when you receive a bill from a supplier, rather than waiting until you pay the supplies. This method of accounting is preferable because it allows you to more closely match the income your business generates to the expenses you incurred to earn it.
Joshua has a strong reputation for “going the extra mile”, in order to achieve 100% client satisfaction through the creation of high-trust, high-impact relationships with clients. Maginam provided Startup CFO services to various tech startups & entertainment companies during this time. In addition to Azran Financial, Joshua was a lecturer in the College of Business Administration at Loyola Marymount University in Los Angeles, where he developed & taught the Business Institutions class required for all business majors. He also spends time serving on the boards of several charitable and professional organizations. Joshua also frequently lectures on topics including but not limited to personal and small business finance & tax planning, startup accounting, startup taxation, business valuation, & strategic planning.
Our Los Angeles Forensic Accountants, Valuation Analysts, and Fraud Examiners provide financial and fraud investigations to our clients in addition to comprehensive litigation support and wide-ranging business valuation services. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience, and financial acumen. Learn more about our Tax and Accounting services for Startups, Venture Capital Funds, Real Estate Development, Blockchain. For example, if your revenue increased by 10 percent in 2011 over that from 2010, but, to do so, your expenses increased by 30 percent, this suggests some inefficiency in your business model. Or, did you forget to provide invoices for some services provided during the year?
We take care of your books for you, so you can get back to the job of running your business and generating profits. With Los Angeles offices in West Hollywood and Encino, Azran Financial can assist you or your firm from entity formation through exit via liquidity event. Cutting-edge technology, best-in-class processes, and key strategic partnerships allow us and our clients to be more efficient and effective.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. We help you avoid the common pitfalls that many new small business owners make when starting their new venture. Developing and implementing a well-designed succession plan is essential to the survival of a family business from one generation to the next.
We can assist you in the preparation of your financial statements while maintaining professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions. Azran Financial APC’s Certified Public Accountants (CPA) & Advisors Los Angeles Office provides services to domestic and international clients looking for greater Los Angeles CPA, Silicon Beach CPA and Orange County CPA. Our Los Angeles CPA office is full-service, providing a wide variety of Accounting, Audit, Tax, and Consulting services to our business and individual clients. Joshua holds a Bachelor of Science with a dual major in Economics and Finance from Fairleigh Dickinson University in Madison, New Jersey. Following college, Joshua was recruited into Johnson & Johnson’s (J&J) prestigious Financial Leadership Development Program (FLDP), serving roles in both internal audit and corporate finance.
In November 2010, Joshua founded Azran Financial with a vision to utilize his extensive expertise and experience in the field and the latest technology to provide efficient solutions and the best service for his clients. The firm’s original focus was to meet the needs of entrepreneurs and investment funds by leveraging cloud accounting. Azran Financial is one of the leading firms nationwide providing accounting, tax, valuation, CFO services, & consulting. We are especially proud to have some of the most highly credentialed and experienced professionals as part of our team. By combining the knowledge, experience, and dedication of our staff, each client receives close personal and professional attention. As your business grows, however, you may choose to adopt a more sophisticated financial record-keeping process.
For example, you may have received an advanced cash payment before you provided services to a customer. You may want to wait and record that amount as revenue during the year you actually provided the services, rather than the year in which you received the cash. We view every client relationship like a partnership and are committed to providing close, personal attention to our clients. We also make sure our clients are prepared in the case they are ever targeted by the IRS for an audit. Finally, most small business accounting software packages also allow you to compare your business’s current-year financial statements to those from previous years.
Since you are not a large corporation, you do not have to produce financial statements according to Generally Accepted Accounting Principles (GAAP). You may prefer to record your income whenever you deposit payment for a job into your bank account and report the expenses whenever you write a check to cover an expense. Accountants refer to this accounting method as the cash method of accounting. While this does not follow GAAP, it is more than adequate for a small startup. At Azran Financial, our Business Management practice is tailored to meet the needs of each individual client.
