PETER B. SCALA, CPA, LLC
Huntington Station
Huntington Station
My firm provides outsourced Chief Financial Officer (CFO)/Controllership services to small, mid-sized businesses and nonprofit organizations. In that capacity, I have assisted business owners with maintaining accounting records that are accurate and current which give them the best possible financial information that they need to manage their business in a profitable and cost effective manner.
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What kind of accounting services do you provide?
My firm provides Outsourced CFO/Controllership and bookkeeping services as well as tax preparation and planning and financial statement preparation (audits, reviews and compilations) for small and mid-sized businesses and nonprofit organizations.
Why is it so important for businesses to hire a great accountant?
The financial books and records of a business are in many ways the "fuel that runs the engine of a business". Without maintenance of accurate and current accounting records, a business owner will not be able to make the best possible decisions in order to manage their business in a profitable and cost effective manner. A good Certified Public Accountant will communicate and work with their clients on a continual basis throughout the year in order to assist with maintaining accurate financial information and records which increases profitability and blends into proactive tax planning and preparation.
What do you love most about your job?
I enjoy helping my clients with maintaining accurate accounting information which helps them make more effective business and personal financial decisions.
What inspired you to start your own business?
The flexibility to work with small and mid-sized businesses and nonprofit organizations in a way that I would be unable to perform working in a larger firm.
Why should our clients choose you?
As your Trusted Advisor my goal is to deliver personalized service not only to help you maintain accurate accounting records and projections which will help you make more efficient and effective decisions for your business but to help you elevate your business to achieve your goals.
Outsourced Chief Financial Officer/Controller Services
General Ledger and Financial Statement Preparation
Accounting System Setup for new businesses
Preparation of Budgets
Preparation of Cash Flow and Financial Projections
Analysis of Financial Profitability, including discussion with management on potential cost savings and more efficient operations.
Tax Preparation and Planning
Tax preparation and planning for individuals, businesses (corporate and partnerships) and nonprofit organizations
Choice of Entity consultation and preparation of required tax applications
Utilize my financial team of trusted advisors regarding financial and retirement planning
Financial Statement / Attestation Engagements
From time to time, businesses and organizations are required to provide certified financial statements to various third parties. Such services include the following:
Audits - Highest Level of Assurance
Reviews - Limited Assurance
Compilation - Lowest Form of Assurance
Each situation differs on which level of service is right for you. It might be dependent on your bank or other third party requirements as well as internal budgetary considerations. If you have any questions, please contact us.
