US Companies

Key Aspects of Accounting for US Companies

• Generally Accepted Accounting Principles (GAAP):

  US companies adhere to GAAP, which provides a standardized framework for financial reporting, ensuring consistency, accuracy, and transparency.

• Tax Compliance:

  Businesses must comply with federal, state, and local tax regulations, including:

  Corporate Income Tax
  Sales Tax

  Payroll Tax Accurate record-keeping and timely tax filings are essential to avoid penalties.

• Financial Reporting:

  US businesses prepare key financial statements, including:

  Balance Sheet: Details the company’s financial position.

  Income Statement: Summarizes revenue, expenses, and profitability.

  Cash Flow Statement: Highlights cash movements to aid liquidity management.

• Regulatory Filings:

  Depending on the business type, filings with the Internal Revenue Service (IRS) and other regulatory bodies like the Securities and Exchange Commission (SEC) (for public companies) are mandatory.

• Audit and Assurance:

  Many US companies are subject to external audits, ensuring compliance and credibility for stakeholders, investors, and partners.

How We Help US Companies with Accounting

• Customized Bookkeeping Services:

  We handle day-to-day financial transactions with precision, ensuring your records are accurate, up-to-date, and easily accessible.

• Tax Preparation and Filing:

  Our experts help you navigate complex US tax laws, maximizing deductions, and ensuring timely compliance with all federal and state requirements.

• Payroll Management:

  From salary processing to tax withholding and reporting, we streamline payroll accounting, ensuring employee satisfaction and regulatory compliance.

• Financial Reporting:

  We assist in preparing GAAP-compliant financial statements that provide insights into your business’s performance and support decision-making.

• Audit Support:

  Whether you need assistance with statutory audits or internal reviews, we provide end-to-end support, ensuring seamless audit processes.

• Technology Integration:

  We help clients adopt advanced accounting tools and software, such as QuickBooks, Xero, and NetSuite, to enhance efficiency and accuracy.

Why Choose Us?

• Expertise in US Accounting Standards:

  Our team is well-versed in GAAP, IRS regulations, and state-specific tax laws, ensuring compliance and accuracy.

• Tailored Solutions:

  We understand that every business is unique. Our accounting services are customized to meet your specific needs and industry requirements.

• Focus on Growth:

  By outsourcing your accounting needs to us, you can focus on scaling your business while we handle the numbers.

• Timely and Reliable Services:

  We pride ourselves on delivering accurate results within agreed timelines, ensuring your business runs smoothly.

Industries We Serve

We provide accounting services to businesses across various sectors, including:

• Startups and SMEs

  E-commerce and Retail

  Technology and IT

  Healthcare

  Manufacturing

  Real Estate

Contact Us Today!

At AVP Global LLC , we are committed to helping US companies manage their accounting needs efficiently. Whether you’re a startup or an established enterprise, we have the expertise to support your financial goals.

Get in touch to learn how our accounting solutions can benefit your business!

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