Services & Industries
Heveron & Company CPAs provides a wide range of services to individuals and businesses in a variety of industries. At Heveron & Company CPAs we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Nonprofit Organizations
- Affordable Housing & Real Estate
- Audits, Reviews, and Compilation
- Accounting Services
- Business Planning
You need nonprofit experts to understand your funding requirements, regulations, oversight, and demands for increased transparency. Our staff of 18 have over 100 years of combined experience serving nonprofits. We are leaders in the profession who develop and present regular training programs and help in the nonprofit community with training, newsletters and other resources.
We provide traditional services including audits, reviews, annual filings, governmental and other compliance audits. Our audit services include many aspects that other firms do not offer or consider "extras".
We can also assist with internal audits, indirect cost applications, reviews of your information technology security & efficiency, and design of financial reports.
Our nonprofit services also include financial report design, assistance with development of budgets and analysis of costs as well as preparation of applications for exemption.
Our certified QuickBooks Pro Advisors can help you select the right QuickBooks software or online service, assist you with setting up a proper chart of accounts and designing meaningful reports reports. We can also answer your individual questions or provide comprehensive training, and fill in when your bookkeeper is away.
Affordable Housing & Real Estate
We provide a variety of services for more than 70 clients that provide affordable housing, including those financed with HUD, US Rural Development, New York State funding, and tax credits, just to name a few. We provide traditional services such as audits of financial statements and annual filings for federal and state. Cost Certifications - we regularly perform owner and contractor cost certifications required by state and federal agencies including DHCR, HUD and US Rural Development. Agreed upon procedures engagement for 10% carryover certifications.
Tax Planning & Preparation
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of current tax laws and legislation.
Audits, Reviews, and Compilation
Heveron & Company CPAs financial statement services comprise all three levels of assurance depending on your company's needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Churches and Clergy
We serve many churches and clergy. Our signature service includes a review of financial reporting, internal controls and compliance with all of the requirements that churches are subject to. We also perform audits, advise on contribution requirements, clergy compensation and other issues that are important to churches and clergy.
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
- General ledger & financial statement preparation
- Bookkeeping (Monthly/Quarterly/Annual)
- Accounting system setup for new businesses
- Business tax return preparation (Sales & Use/Business Property)
Compliance & Internal Audits
In addition to our traditional audit services, we provide compliance audits for special requirements of Governmental Auditing Standards, Consolidated Fiscal Reports, HUD, and other federal and state agencies. We also perform a variety of internal audit services ranging from assistance to your staff in developing internal audit programs to comprehensive internal audit services including assessment and testing of your controls, policies, and documentation.
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.