Accounting Services

Reviews  Compilations  Monthly Accounting  Payroll  Peer Reviews 

Financial Statement Reviews—Financial Statement Reviews provide a mid-level assurance service which can only be performed by CPAs. A Review consists primarily of inquiries and analytical procedures to provide support for the assertion that the financial statements appear accurate. It is a higher level of service than a Compilation which is described below. Certified Audits provide greater assurance than a Review as there are third party verifications and internal controls are taken into account. These are described on our Auditing page of this website. As with its auditing services, McClure Inserra CPA has proven its excellent compliance with professional standards by earning top grades on all peer reviews it has undergone. Our prior national firm experience as well as our current emphasis in this area have made us successful in providing a professional Review product for all of our clients who desire this level of excellence.

Compilation of Financial Statements—If you need a financial statement prepared by an accountant, we can help. Compiled financial statements are when we take your trial balance or financial statements and perform some basic procedures, and put them in the proper financial statement format along with our report. When required, we will help generate the financial information or make adjustments to your records in order to get them ready for the compilation. Compilations can either be issued with disclosures or without depending upon what you and your lenders want. If we prepare your business taxes a non-disclosure compilation can usually be prepared at minimal cost.

Monthly Accounting / Bookkeeping—In order to make sound business decisions you need to be assured of the integrity of your business accounting system. McClure Inserra CPA offers monthly/quarterly accounting services that keep your business accounts accurate, secure and running smoothly. Call us for help with keeping your QuickBooks or other accounting software on track and your tax returns prepared at an agreed upon investment with us. Please contact us and we would be pleased to find a plan that works for you.

Payroll—Whether you process your payroll manually or through QuickBooks, we can prepare your payroll tax returns, W-2s and 1099s. Alternatively, we can teach you how to accomplish this yourself. If you want to relieve yourself of the payroll function altogether, you might benefit from a payroll service. We know several companies we could recommend. Payroll is an important and time sensitive part of your accounting system that must have high importance.

Peer Review of CPA Firms—Since 1990 we have performed over 100 peer reviews of other CPA firms. Our goal is to do a thorough review at the least possible cost. When using us for the first time we often alert our clients to many areas of improvement that have been overlooked by previous reviewers. Paul Inserra has been a key member of the Illinois CPA Society’s Peer Review Report Acceptance Committee for many years and distinguished himself as the Committee Chair from 1998 to 2000. Paul also serves on the AICPA Peer Review Board and the Oversight Task Force.