Best Certified Public Accountants in Jacksonville, NC

Employee theft is the reason for more than 30% of small business bankruptcies. And that's not even counting the ones who are stolen from, but don't actually go bankrupt. Let's talk messy books. Most DIY bookkeepers don't know what they don't know, and the books tend to be a hot mess of unreconciled accounts, misclassified transactions, and outdated balance sheets. Which means you don't really know your numbers. Which means if anyone is stealing from you, you probably have no clue. It happens all the time and is expensive, both financially and emotionally. How clean books help prevent fraud: Step 1: Mitigate Risk: Outsource your accounting and bookkeeping to a professional firm that will help you establish good internal and external controls that mitigate the risk of theft, fraud, and loss. Step 2: Know Your Numbers: If you don't have a handle on your finances, no one does. Start by spotting potential issues, and graduate to analyzing the financial patterns of your business that will help you grow and thrive. (Bonus) Step 3: Grab Those Tax Breaks: Classify deductible items properly to maximize tax deductions. We've often reviewed books and found tax breaks buried deep in the general ledger in the wrong category. #smallbusiness #bookkeeping #taxes #fraud #financialfraud #employeetheft...