Bookkeeping
Maintains records of financial transactions
Develops system to account for financial transactions
Maintains subsidiary accounts
Balances subsidiary accounts by reconciling entries
Maintains general ledger
Balances general ledger
Maintains historical records
Prepares financial reports
Complies with legal requirements
Payroll
Maintains payroll information
Updates payroll records
Prepares reports
Determines payroll liabilities
Resolves payroll discrepancies
Provides payroll information
Maintains payroll operations
Maintains employee confidence and protects payroll operations
Generate IRP5's and report to Workman's Compensation or RMA
Independent Reviews
Primarily inquiry and analytical procedures to obtain sufficient appropriate evidence as the basis for a conclusion on the financial statements.
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Independent reviews are not required for owner managed profit companies, but can be performed voluntarily if the public interest score is less than 350 and the financial statements are independently compiled, or if the public interest score is less than 100.
