Downey, CA
Accounting by K and M was established in Southern California with the objective of providing small and medium-sized businesses with the necessary tools to achieve success. We are a dependable and cost-effective firm offering a wide range of services, including bookkeeping and tax preparation.
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What kind of accounting services do you provide?
Our services include full-cycle accounting, payroll services, and tax preparation. Full cycle accounting encompasses all the steps involved in financial record keeping and reporting, ensuring a company’s financial data is accurately and thoroughly maintained. This involves bookkeeping services which include recording transactions, using a double-entry system, maintaining ledgers, balancing accounts, reconciling accounts, and producing financial statements. Compliance services ensure that the company complies with tax regulations and financial reporting requirements.
Why is it so important for businesses to hire a great accountant?
Managing finances is a vital aspect of any business, and hiring an accounting firm or a bookkeeper can be extremely beneficial in avoiding errors and common mistakes. A professional accountant possesses significant business experience, skills, and knowledge to handle financial tasks and provide accurate reports, helping you make informed decisions. As your business grows, it becomes more challenging to manage it independently, and partnering with an accountant can allow you to delegate important tasks. Hiring an accountant would not only help save time but also let you focus on other priorities, such as growing your business. Keeping up with the latest technology available can help keep your business ahead of the competition. With software solutions available for bookkeepers, entrepreneurs can access records from anywhere, making financial management more efficient and convenient. In conclusion, hiring a good accountant can prove invaluable to your business, regardless of its size and complexity.
What do you love most about your job?
Our organization has been instrumental in facilitating the achievement of business goals by providing valuable assistance and resources. The impact of our efforts has been profound, and we are proud to be a part of the business community's growth and development.
What inspired you to start your own business?
After spending five years working in a public accounting firm, I have finally decided to branch out on my own. While my experience there was valuable, the limitations placed on me with regards to contributing to my clients’ success were becoming increasingly frustrating. I often found myself having to go through a middleman to ensure deadlines were met, which greatly hindered my productivity. Now that I have my own accounting firm, I have the freedom to work more directly with my clients and provide them with the personalized attention they deserve. This not only ensures that their needs are being met more efficiently, but it also allows me to build stronger relationships with them, which is something that is very important to me.
Why should our clients choose you?
Our team comprises highly qualified and experienced professionals who are dedicated to delivering exceptional accounting services to our clients. With over 30 years of experience, our CPA oversees every report to ensure accuracy and quality. Our team is well-versed in the latest accounting software and has successfully served numerous small to medium-sized businesses. You can rely on us to provide reliable and efficient accounting services that will help your business succeed.
Can you provide your services online or remotely? If so, please add details.
At our organization, we pride ourselves on providing exceptional remote and online services to our clients. Our use of the latest cloud technology ensures that client data is always secure and protected. We have implemented a state-of-the-art vault system that utilizes the latest safety technology to facilitate file transfer.
What changes have you made to keep your customers safe from Covid-19?
Our company offers remote services through online and phone meetings while taking precautions for in-person meetings.
Accounting Services
Our accounting services include financial statement preparation, tax preparation and planning, financial analysis, audit support, and advisory services.
Pricing varies based on the intricacies of the financial portfolio, the current state of financial records, and the anticipated project objectives.
Bookkeeping Services
Our bookkeeping services include systematic recording, organizing, and tracking of financial transactions and records for the business.
Including recording income and expenses, maintaining ledgers, reconciling bank statements, and ensuring financial data accuracy.
Prices vary based on monthly transactions and account complexity, starting at $250.