Our firm offers a wide range of specialized services which are detailed below.
Since the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to another qualified professional.
Financial Statement Services
Audits, Reviews and Compilations
We provide financial reporting on all three levels of assurance:
»Audits
We design our audits to provide reasonable assurance of detecting errors or fraud that would have a material effect on the financial statements. In addition, we use our knowledge and experience in your industry to gain an understanding of internal control and to assess the operating effectiveness of those controls. We use our assessment to plan the audit and make recommendations intended to improve the internal control or result in other operating efficiencies.
»Reviews
We review financial statements in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. Review services as dictated by professional standards are substantially less in scope than an audit and consist principally of inquiries and analytical procedures.
»Compilations
We assist our clients by compiling their financial statement information in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. Our compilations are the representation of management and are not audited or reviewed by our firm.
Consulting Services
Pension & Profit Sharing Plans
In addition to providing services to audit the financial statements and supplemental schedules of employee benefit plans which are included with the Form 5500 filing with the Internal Revenue Service and the Department of Labor, we also perform procedures directed at considering the plan's compliance with certain internal revenue code requirements. In addition, we can assist you in preparing or reviewing your defined contribution, defined benefit, or health and welfare plan Form 5500.
Management Advisory and Other Services
During our combined experience of over four decades, the partners at Bryans & Gramuglia have assisted clients with a variety of accounting and management advisory needs. We utilize our extensive research library to solve our client's problems. We also use our expansive network of contacts, consisting of consultants and other organizations, to assist us with the management advisory needs of our clients. The following is a short list of the services we are able to provide:
→ Accounting services
→ Bookkeeping/write-up services
→ Cash flow and budgeting analysis
→ Assistance in developing accounting systems and chart of accounts
→ Assessments of internal controls
→ Rate reimbursement analysis
→ Base year accounting and auditing services
Compliance Services
Tax Services
We prefer to take a proactive approach versus a reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax planning and return preparation services offered include but are not limited to the following:
→ Individuals
→ Corporations
→ Partnerships
→ LLCs/LLPs
→ Not-for-profit organizations
Miscellaneous
Agreed-Upon Procedures
We assist organizations by performing specific procedures defined by the users of the report. We report our findings to assist the user in evaluating financial information and compliance as it relates to the procedures defined.
Cost and Other Compliance Reporting
We assist our clients with all their compliance reporting requirements including the preparation, review or audit of the following:
→ Medicaid cost reports
→ Medicare cost reports
→ Consolidated Fiscal Reports
→ Single Audits under OMB Circular A-133
→ Data Collection Forms with the Single Audit Clearinghouse
→ Certification of financial information reported to the Real Estate Assessment Center of the U.S. Department of Housing and Urban Development
→ Federal Form 990, 990T, New York State CHAR500 annual filings, and the Commonwealth of Pennsylvania Charitable Organization Registration Statement - Form BCO-10.