Specialized Accounting Services

Our financial planning services include a range of simple as well as comprehensive financial plans designed to protect our clients' financial security while achieving their particular goals. Our financial and estate planners work together to provide sensitive and prudent advice to individuals, businesses, trusts, families and their attorneys with respect to:

• Retirement Planning
• Estate Planning
• Investment Management
• Asset Protection & Risk Management

Financial Budget Development

In our fiercely competitive business environment, tight cost controls and effective cash flow management are critically necessary for business success.

Our business professionals will work with you to develop and implement operating and capital acquisition budgets – on a monthly line-item basis – that will help you to control your costs and to monitor your performance. But we don’t usually stop there. We follow through by working with you and / or your management team to analyze each budget variances, positive or negative, and investigate and understand the cause of each of them. Whenever we work with a client in this manner, the process inevitably highlights operating deficiencies or inefficiencies, thereby enabling management to modify their systems or otherwise address important issues, making their operations more profitable.

Forecasts and Projections

Business managers as well as individuals use Forecasts and Projections as tools to plan and prepare for the business challenges and opportunities of the future. Developing a forecast or projection includes performing an in-depth analysis of your industry, market conditions, competition, geographic location, personnel and labor, and other internal and external factors that will affect business operations. With this critical knowledge, a prediction of financial position and operating results is developed and it is used to make critical business and financial decisions.

The development of forecasts and projections requires the ability to perform industry research, considerable financial accounting capabilities, and careful attention to details. So whether you are developing a business plan, or seeking to invest in a business, the professionals of Meyers, Harrison & Pia, LLC can equip you with all the information you’ll need to make prudent business decisions.

Accounting Policies and Procedures Manual

Virtually all small business owners need to rely on skilled bookkeeping or accounting personnel to maintain the Company’s books and records, and to carry on day-to-day financial operations. In some cases, such personnel may consist of only one or two individuals. The absence of such personnel may significantly impede or, in some cases, cripple the financial operation of a business.

There are very many reasons why one or more individuals may be temporarily or permanently unavailable to the Company. The development of an Accounting Policies and Procedures Manual will enhance your Company’s ability to carry on without costly interruption of financial operations. New, qualified personnel may easily refer to this comprehensive guide to quickly gain an understanding of the nuances of your Company’s unique circumstances. The efficiencies that have been developed over a long period of time are maintained, and training time is minimized.

Due Diligence Studies

The purchase or merger of a business is always an exciting time. But, as in many other areas, it is important that the buyer beware. The financial statements and income tax returns show all the numbers. But, what’s really behind them? A properly planned and executed Due Diligence Study will get to the root of what the documents may or may not show.

The professionals of Meyers, Harrison & Pia, LLC know exactly what to look for. We gain a complete understanding of the subject business, research their industry, learn about their management, examine their contracts, and speak with their employees, their vendors, and sometimes even their customers. Once we report, you’ll be able to make a well-informed decision.

Pension Audits

Any qualified employee retirement plan with more than 100 participants at the beginning of any plan year, regardless of their election to contribute to the plan, is required to undergo an audit under the provisions of the Employee Retirement Income Security Act (ERISA).

The audit report for such plan must accompany the annual Internal Revenue Service information filing, form 5500. Very specific reporting requirements set forth by ERISA, the U.S. Department of Labor, and Generally Accepted Accounting Principles make the area of pension plan audits very complex and specialized.

Meyers, Harrison & Pia, LLC has the experience needed to efficiently and accurately perform audits of all types of pension plans. We work closely with plan administrators and trustees to insure accurate accounting of all plan assets.

Personnel Hiring Assistance

Today’s business owners wear many different hats. Since they often have no time to learn the duties of their staff, when it comes time to hire new staff members, or to fill a vacant position, they are unsure of what type of person may be appropriate.

We take the guessing out of the process. We will compose a custom ad, place that ad in the appropriate publications, post it on the internet, review the resumes, screen and interview applicants, and narrow the field to a handful of well qualified candidates for your review. Most importantly, we save you time to enable you to do what you do best – operate your business.

Staff Evaluations

Our small and medium sized business clients commonly consult with us concerning their staffing needs, staff performance, and staff compensation plans. We can help to quantitatively assess the need to hire or terminate staff. In addition, since many business owners are somewhat less objective when evaluating their own staff, we develop comprehensive and specific performance evaluations that are used to productively assess each staff member. In light of our widespread exposure to compensation data, and access to numerous industry compensation publications, we assist in establishing an appropriate initial compensation offer as well as ongoing compensation adjustments.