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Friedman LLP

Outsourced Accounting Services

Outsourced Accounting Services

Drive Your Business Forward with Reliable, Scalable Solutions
  • Overview
  • Service Menu
  • Insights & Events

Overview

Friedman Accounting Services LLC

It’s critical for businesses to have strong financial and accounting systems in place so you can focus on growing your business. Friedman Accounting Services LLC (“FAS”), in a strategic alliance with Friedman LLP, empowers you by delivering a knowledgeable team of outsourced accounting professionals. Employing the latest technology and proven techniques, FAS stands by your side at every stage of your business.

Rely on FAS to provide your organization with timely and accurate financial reporting and bookkeeping that is efficient, cost-effective and tailored to meet your needs.

Benefits of Outsourcing Accounting

Whether you own a start-up, a well-established business or have personal accounting needs, our outsourced accounting services manage your accounting and financial responsibilities so you can remain focused on achieving your goals. FAS can work with your existing staff, augmenting their expertise, or assume responsibility for all of your accounting functions.

Partner with FAS to access:

  • Experienced accountants who understand that bookkeeping is the first step towards effective tax planning and financial reporting
  • A dedicated team that works to keep closings in check and generate comprehensive reports on schedule
  • Professionals with the accounting, technology and communications skills to work with QuickBooks and various other accounting platforms and tools

In addition to serving businesses, FAS helps high-net-worth individuals with bill paying, record keeping and more, bringing professional finesse to your personal finances.

Please contact us today for more information on how FAS can improve your financial reporting and bookkeeping. We’d be happy to speak with you about your particular needs.

Service Menu

Putting you in the driver’s seat, FAS tailors the scope and nature of our work to suit your circumstances. We offer a variety of service models:

• Virtual or on-site back office – Our most comprehensive service model. We serve as your dedicated accounting team, handling everything from invoicing, accounts receivable, accounts payable, inventory, payroll management and more.
• Oversight, reporting and quality assurance – For clients with in-house resources. Utilizing the financial data you manage, we provide monthly reconciliation and reporting services to increase quality and expand the capabilities of your internal team.

Core services for businesses include:

• Paperless online bill paying and bookkeeping, including

o Invoicing, accounts receivable, accounts payable
o Monthly reconciliations of bank and credit card accounts
o Fixed asset management
o Review of accounting workflows to improve efficiency

• Maintenance of general ledger, including monthly closing, reconciliations and reporting
• Payroll administration
• Preparation and filing of 1099s
• Preparation and filing of sales and use tax returns
• Budgeting and cash-flow projections
• Preparation of workpapers for audits of private and public companies

We also offer customized outsourced accounting services for high-net-worth individuals to help them achieve their financial goals:

• Bill paying
• Maintenance of accounting and tax records, including brokerage statements
• Preparation and filing of W-2s and 1099s

Insights & Events

  • November 2, 2020 Friedman Announces Strategic Alliance with Friedman Accounting Services:

    Friedman LLP is pleased to announce a strategic alliance with Friedman Accounting Services LLC (“FAS”) that delivers clients outsourced financial...

    Read more
  • August 20, 2019 Ask the CPA - Susanne Spinell Shuster

    In the August edition of Ask the CPA Friedman's Susanne Spinell Shuster, Director-in-Charge of Outsourced Accounting Services, shares what everyone should know...

    Read more
  • March 27, 2017 Ask the CPA

    As Seen in Philadelphia Business Journal A QDRO is a court order for a retirement plan to pay child support, alimony...

    Read more
  • February 21, 2017 A Truly Laden Cross to Bear: The Crushing Tax Burdens of New York

    It comes as no surprise to New Yorkers that year after year, numerous tax studies conclude that they face some...

    Read more
  • November 2, 2020 Friedman Announces Strategic Alliance with Friedman Accounting Services:

    Friedman LLP is pleased to announce a strategic alliance with Friedman Accounting Services LLC (“FAS”) that delivers clients outsourced financial...

    Read more
  • August 20, 2019 Ask the CPA - Susanne Spinell Shuster

    In the August edition of Ask the CPA Friedman's Susanne Spinell Shuster, Director-in-Charge of Outsourced Accounting Services, shares what everyone should know...

    Read more
  • March 27, 2017 Ask the CPA

    As Seen in Philadelphia Business Journal A QDRO is a court order for a retirement plan to pay child support, alimony...

    Read more
  • February 21, 2017 Tax Tips: Avoiding Tax Scams, Using Charitable Trust for College Expenses

    These brief tips cover scams to be aware of during tax season, how to check your IRS account online and...

    Read more
  • February 21, 2017 A Truly Laden Cross to Bear: The Crushing Tax Burdens of New York

    It comes as no surprise to New Yorkers that year after year, numerous tax studies conclude that they face some...

    Read more
  • July 6, 2016 Ask the CPA

    As seen in Philadelphia Business Journal  A: Many business owners transition to an outsourced accounting solution at certain business milestones such as revenue...

    Read more
  • View all Insights

Related Services

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  • Tax Services

People

People
  • Evan Scharf
    Evan Scharf
    CPA
    evan@fas-accounting.comp 646.517.6782
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