About Accounting Plus

While starting my accounting practice in early 2004, I figured what better way for a start-up CPA practice to grow then to cater to Start-up investor backed companies. Not just in the traditional sense, but from the standpoint of what these companies needed internally.

Hence was born the concept that the internal finance function of a small start-up could be outsourced to a CPA firm with a team of professionals. Investor backed start-ups do not have enough finance work at the bookkeeping, controller and CFO levels for a full-time employee. Nor do they have the financial resources for a full-time person. We offer our clients a solution to this problem and provide the necessary services to fulfill the finance work done at all levels. We do not necessarily replace your existing CPA firm; we become your internal finance department. Further, we can work through GAAP and IFRS reporting issues, R/D tax credit requirements and now the section 174 Capitalization of R/D expenses for tax reporting. APS can also spot other tax issues that are specific to start-ups and suggest solutions.

We have developed a service model that allows us to perform the required work remotely and in a cost effective manner. Usually for smaller clients, we prefer to provide our services off-site. However, weekly/bi-weekly visits and reporting is not a problem. This is determined by the client’s needs and level of work required. If our clients need access to the QuickBooks database while allowing us access24/7, we have a solution for both the Desktop QuickBooks and Online version. Finally, fees are usually a fixed monthly payment given the scope of the services provided.

We have worked with over 85+ start-ups since 2005. Some are well known within the medical device and internet fields. One of our earlier and successful client started with three students from The University of Pennsylvania in 2005, raised over 15 million over the next four years and grew to 250 employees in five cities before hiring full time internal finance staff to assume the functions Accounting Plus was providing. (Yodle.com)

If you are the CEO of a start-up and do not want to get involved in the bookkeeping of your company’s finances, feel free to contact us.

Licensing

Accounting Plus Services LLC is a CPA firm licensed in the states of Pennsylvania, New Jersey and California.

Peer Review

Accounting Plus Services provides Audit and Attest services to our small business clients. For those businesses that need that level of professional service, please review our first “Peer Review” report posted below.