Certified Public Accountant & Consultant Christine’s mission is to assist and support the client’s success. Just as training wheels are needed to learn how to ride a bike, entrepreneurs often need...
South Bend (IN) - - Phone: (574) 276-7241
Our South Bend roots run deep, with Fred P. Crowe Sr. and Cletus F. Chizek opening their South Bend office in 1942. Today, the Crowe team in South Bend provides services to a diverse client base...
South Bend (IN) - - Phone: (574) 232-3992
Accounting is defined as activities comprising analyzing, recording, summarizing, reporting, reviewing, and interpreting financial information. Bookkeeping is a subsection under accounting, whereby financial transactions are kept on record. The latter is a day-to-day record of transactions, whereas accounting also involves activities such as filing financial reports, communicating the same to shareholders and owners, and a spectrum of other activities that uses the data accrued by bookkeepers. Companies, especially larger ones, often choose to outsource the keeping of financial records to specialized agencies that offer accountancy and bookkeeping services in South Bend. Using a well reputed service center in South Bendoffers a number of advantages: one can cut down on employee costs since in-house accountants would be no longer necessary, data security and backup systems can be established, this can be less expensive and cumbersome than self-handling the accounts, customer service can be availed round the clock in case of problems, and the same center can also do multiple activities such as file reports and calculate taxes. Common financial statements include the income statement, the balance sheet, The cash flow statement and the statement of retained earnings. Now, a number of specialized softwares are available in the market, which enable speedy and accurate financial records and analyses. Standards for the agencies also exist, so one can trust the services offered by the same.
