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Compiled Financial Statements

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Compiled Financial Statements Services

Compiled Financial Statements provide expertly organized financial statements following Generally Accepted Accounting Principles (GAAP). Our team compiles your financial data into clear, standardized formatting for entities without the need for extensive audits or reviews. This service is ideal for businesses that need accurate financial documentation for internal management, lenders, or stakeholders but do not require assurance services. Whether you’re a small business seeking to streamline your financial reporting or an organization looking for cost-effective financial documentation, our compilation services offer a reliable solution.

Other Accounting Services

Audit and Review

Audit and Review

Geeslin Group offers thorough audit and review services to ensure the financial accuracy and integrity of your business or nonprofit organization. Our audit services involve comprehensive testing of transactions to provide positive assurance about your financial statements.

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Client Accounting Services

Client Accounting Services

Geeslin Group’s Client Accounting Services (CAS) provide comprehensive support for managing your financial records accurately and efficiently. Our services go beyond basic bookkeeping to meet the unique needs of your business.

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Agreed Upon Procedures

Agreed Upon Procedures

Agreed Upon Procedures (AUP) Services offer custom assurance solutions to meet your specific needs without the extensive process of a full audit. Our AUP services involve conducting procedures agreed upon by you and other stakeholders to address particular areas of concern within your financial operations.

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Voices of Trust

Chuck Ogletree of Southtree Commercial
May 23rd, 2024

No matter what type of business they’re in, Geeslin Group has the expertise to help you navigate any challenges that you might have.
Shelley "Butch" Anthony of This Is It Southern Kitchen & BBQ
May 23rd, 2024

I could call Dale, I could call his son, Mike. They’re just always so responsive.
Lynsey Benton of Atlantic Tape & Packaging
June 17th, 2024

We rely on their expertise, their advice. They’ve walked us through five acquisitions since 2020. They’ve really helped us with the due diligence in purchasing those companies. They’re a real partner for us, but it feels like a family.

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FAQ

Welcome to the Geeslin Group FAQ section! Here, we’ve compiled answers to the most commonly asked questions about our services, policies, and company values. Whether you’re a new client or a long-time partner, we aim to provide clear and helpful information to address your needs quickly and efficiently.

Do I really need a CPA?

If you only have W-2 income, you might not need a CPA. However, if you own a business or rental property or have more complex finances, professional services can help you save time, avoid mistakes, and maximize your tax benefits.

How do estimated payments work, and why do I need to make them?

Estimated payments are quarterly tax payments for those with income not subject to withholding, such as self-employment or investment income. They help avoid penalties and manage your cash flow by spreading tax payments throughout the year. Making these payments ensures you meet your tax obligations and avoid surprises.

When are my taxes actually due?

Taxes are due on April 15 every year. If the 15th falls on a weekend or holiday, the deadline is the next business day. Extensions give more time to file, but taxes are still due by April 15.

What's the number one thing I can do to put myself in a better position?

Keep good records throughout the year. Staying organized and asking your CPA questions early on can help you make informed decisions and avoid last-minute stress. Geeslin Group is here to help you every step of the way.

How can I pay less tax?

“It depends” is the most common and most true answer to this question. The most straightforward strategies include contributing more to your retirement account and considering increasing your charitable donations. These are common strategies, but not the only ones available.  For personalized advice, Geeslin Group can provide tailored recommendations based on your specific situation.

I know I need more support, but I don’t know what I need. How can you help me?

At Geeslin Group, we assess your unique financial situation and recommend services that fit your needs, whether tax planning, business consulting, or accounting support. We provide personalized guidance to help you achieve your financial goals.

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Request a Consultation