Accounting is the professional process of adjusting and restructuring financial activity transaction reports, records and journals into certified financial documents that conform to national and international standards as defined by organizations such as the American Institute of Certified Public Accountants (AICPA), the Financial Accounting Standards Board (FASB) or the International Accounting Standards Board (IASB). Conforming financial presentations and documents to fixed standards permits individuals, investors and others to measure the relative strength, health and credibility of two or more business entities by being assured the information being presented between the entities is directly comparable and is being reported in an identical manner. Among others, these certified financial reports are needed by publicly traded companies, individuals seeking government contracts and organizations regulated by the SEC or other similar boards of trade. CPA's are required to maintain training and proficiency in this ever-changing and regulatory environment to understanding and properly applying the various standards to financial documents and presentations being prepared. When a particular document or report meets the conditions of requiring certification, Lethert Tax Accounting Systems, Inc. contracts with independent CPA's, of either our or the client's choice, to attain an objective and outside level of attestation that may be needed by our client. We believe that this ongoing relationship between Lethert Tax Accounting Systems, Inc. and CPA's provides a level of expertise and service of great added value to our clients.
Our Accounting Services include: