Outsourced Accounting Services

Lipsey and Associates offers outsourced accountant services for organizations like your small business or professional practice.

Bookkeeping is just one piece of the puzzle when it comes to the business intelligence that you need. We can take care of your bookkeeping needs so that you don’t have to spend your valuable time organizing financial data and compiling it. An outsourced accountant goes beyond tabulating your transactions and correctly compile the information into financial statements. You have a business to run and your productivity can and will be hampered if you’re focusing too much on day-to-day accounting which we can take care of for all types of small businesses and self-employed people.

Lipsey and Associates’ outsourced accountant services can help your business stay compliant with accounting standards by setting up your accounting infrastructure and maintaining it for you according to the type of business you have and the industry you are in. Organizations of all types and sizes need to have their accounting  done correctly in order to have fairly-presented financial statements for external users such as banks, investors, business services, and other parties. We can also convert your financial statements into the data needed to prepare your business and personal tax returns.

Outsourced accounting doesn’t end at compliance and financial standards: it’s also what that data represents. Cash flow reports, key ratios, and other business intelligence gleaned from your financial statements can provide you with insights for making more informed business decisions as well as business and tax planning.

If your organization is starting to grow or you have aspirations of expansion, an outsourced accountant can give you more guidance with accounting procedures and best practices more than simple bookkeeping services can. You may be able to stay on top of your financial recordkeeping with a few spreadsheets or a software package when operations are small. But once you start to grow, you’ll need more scalable accounting solutions which a professional outsourced accountant can help you with.

Lipsey and Associates can help your business become more sustainable with quality accounting services no matter the size of your business and the types of transactions and volume you have.

Jeffrey Lipsey is a Certified Public Accountant and an Enrolled Agent; he is a member of the AICPA and the National Association of Enrolled Agents (NAEA).