Services Overview

Tax preparationKDP Certified Public Accountants, LLP offers a full menu of accounting services to clients of all types and sizes. Whether you have a large or small business, seek guidance for your personal finances, or need help filing your tax return, we’re dedicated to assisting you in reaching both your short and long term financial goals.

Our firm services encompass the following general categories; Tax, Audit and Assurance, Financial Reporting, Consulting and Wealth Management.  These services breakdown into subcategories—allowing us to draw upon the experience and expertise of our in-house professionals in order to provide you with a complete service package.

Tax Services

Tax Compliance

Don’t get bogged down in federal, state, and local tax laws.  Leave them to the professionals at KDP, where we stay up-to-date on the complex and changing laws and regulations of the tax codes.  We’ll guide you through the process of complying with the requirements and explain how these laws affect your finances.  We have some of the best tax professionals in the Rogue Valley, who will work diligently to prepare your federal and state tax returns; and if you find yourself on the wrong end of a tax audit, our staff can advise and represent you with the taxing authorities during this complicated process.

Tax Planning

In addition to tax reporting, our tax experts will assist and work with you in preparing a comprehensive tax plan designed to minimize your tax liability.  By remaining in close contact with taxing authorities in Washington and Salem, we can keep track of tax law changes and analyze their impact on your finances.  We provide timely analysis and advice on the most prudent tax strategies for you.

Audit and Assurance Services

At KDP, we see our audit and assurance services as more than numbers and compliance. We work with clients to improve their overall financial reporting processes and to help them better understand their business. We know that your company is looking for the most efficient and effective high-quality audit that you can get. KDP's audit approach is designed to foster efficiency, communication and quality during the engagement process. While this may sound simple, we believe this approach allows us to deliver peace-of-mind, value and high-quality service to our clients. Our audit team represents a valuable mix of professionals who have expertise being both auditors and industry professionals. We know what it is like to be audited and believe this separates us from our competitors. We are committed to serving private companies, family businesses, not-for-profits, local governments, and other similar entities. We invite you to learn more.

Please view our most recent Peer Review Report here.

Reviewed Financial Statements

The staff at KDP plan the implementation and completion of your reviewed financial statements whether it is for your own peace of mind or is a requirement of your bank.  We can point out the most meaningful ratios and relationships of the financial and operating data comprising your financial statements.  It is often our management letters that we issue to our clients that are considered the most valuable tool of our reviews.  We will tell you the areas in which we feel you could make improvements in and the methods to accomplish them.

Financial Reporting Services

Look no further than KDP for your accounting needs. Our approach to Reviews and Compilations is consistent and efficient; based on industry requirements and the accounting professional standards.  You’ll find top-notch accounting professionals who can assist you with developing new business strategies, forecasts and projections, employee compensation packages and incentive programs, as well as helping you with personnel recruitment.  We can also provide a wide range of other services designed to make your business more efficient and profitable—including on-site operational reviews of informational systems, and internal controls.

Compiled Financial Statements

We can prepare compiled financial statements for your business from your documented accounts or assist you in reconciling your accounts at the end of the periods that you would like to measure your results.  Our procedures follow the professional standards and will reassure you that your operating statements are based on the results indicated in your reconciled accounts.

We can also record the transactions that comprise your compiled financial statements for your business on the periodic basis that you desire.  Our reconciled workpapers can serve as a guide for your staff to eventually prepare your own operating statements or make our compilation engagement with you more efficient.  Our accountants often perform accounting duties, such as reconciling your bank accounts, preparing your payroll and payroll tax reports, maintaining your depreciation schedules or paying your bills.  The procedures result in compiled financial statements.

Management Advisory Services

Management Consulting

Skillful management and strong leadership are key to an operationally efficient business and a committed workforce. Whether your organization is in the midst of change, needs help crafting and implementing sound business controls, or needs higher level accounting insights, management, and planning, KDP's Management Advisory Services are designed to assist with management issues, opportunities and successful change initiatives.

Some Areas of Our Expertise:

  • Assistance in identifying and prioritizing areas for improvement
  • Creation of custom-made strategic plans including related financial projections and forecasts
  • Development of budgets and cash flow forecasts
  • Establishing accounting policies and procedures manuals
  • Periodic monitoring of controls and policies
  • Implementation or improvement of timely financial reporting
  • Ongoing monitoring and review of monthly financial reporting
  • Assistance in obtaining financing to support growth, expansions, and acquisitions

Fraud Prevention/Detection

Studies estimate that fraud costs business close to 7% of gross revenues each year and that number is on the rise.  Fraud often goes undetected and by the time it is uncovered, it has typically been going on for years.  At KDP we know that preventing and/or detecting acts of fraud quickly can make a significant difference in the long-term financial success of your business.  We can provide you with internal control reviews, internal control system monitoring, cash flow and cash reconciliation reviews, asset verification, development of a fraud prevention policy, fraud detection and prevention training, fraud risk assessments, and fraud examinations.  While you may not think fraud is something to worry about in your company, it’s better to be safe than sorry. Call us today to get started.

 

Securities offered through 1st Global Capital Corp. Member FINRA/SIPC.  Investment advisory services offered through 1st Global Advisors, Inc.  Insurance services offered through 1st Global Insurance Services, Inc.  We currently have individuals licensed to offer securities in states of AZ, AL, AR, CA, ID, KS, MI, NV,OR, SD, and WA. This is not an offer to sell securities in any other jurisdiction.