Accounting Services [top]
Nothing is more important to the financial health of your business than accurate financial information. Whether your accounting system requires a complete overhaul or just minor adjustments, we’re ready to help take your business to the next level. Our team of seasoned accounting professionals utilizes sound accounting techniques and best practices. We’ll make sure that you have the information you need to make informed decisions. Ready to set up a free consultation?
We’re ready and willing to assist with any or all of your financial needs, including:
- Preparing financial statements
- Designing and setting up your accounting system
- Developing accounting policies and procedures
- Filing payroll taxes
- Preparing budgets and projections
- Paying bills
- Reconciling bank statements
- Analyzing cash flow
- Establishing internal control recommendations
- Hiring and training your in-house accounting staff
- Analyzing buy/lease options for office space and equipment
- Selecting and implementing financial accounting systems
Tax Services [top]
We specialize in tax planning and preparation for sole proprietorships, partnerships, limited liability companies, and S and C corporations for businesses throughout Oregon. We understand how overwhelming taxes can be and we work hard to make it easier for you. With McCoy Foat as your partner, you’ll benefit from technical expertise, accuracy, leading-edge technology and excellent customer service. Through our comprehensive tax planning process, we help clients understand and control their tax-related expenses. Ready to set up a free consultation?
QuickBooks Consulting [top]
If you don’t already have an accounting system in place, QuickBooks accounting software is user-friendly and economical. It’s ideal for small businesses with fewer than 50 employees and annual revenues of less than $5 million. McCoy Foat can walk you through the set-up process. Our certified QuickBooks Professional Advisors will train you step-by-step; giving tips, tricks and workarounds that will make you confident in your abilities and the accounting system. If you already have QuickBooks or another accounting system, but you’re frustrated by its functionality, we can help with that too! Our team is known for its ability to customize and streamline processes to meet clients’ unique needs, and we’re happy to train you and your team as needed. Ready to set up a free consultation?
Compilation and Review [top]
If you need comprehensive financial statements, we can help. We can also help you analyze your income and loss for any given period, and uncover hidden opportunities. Our simple, foolproof approach will help you strategically plan for the future, avoid costly penalties and meet banking and loan requirements. Ready to set up a free consultation?
In-Depth Corporate Financial Strategies [top]
What’s your five-year plan? Failing to plan is a sure way to fail. We’ll help you hit your business goals on the mark with a practical, achievable plan. Whether you’d like to grow, expand or transition your business, we’ll outline the steps to get you there. And, as you plan for the future, we’ll help you evaluate your options for retirement – Will you walk away from your business, sell it or pass it along to the next generation? Many business owners don’t realize that they should be taking steps to add value to their businesses today, so they’re valuable and salable later on. We’ll help you through the integral part of retirement planning. Ready to set up a free consultation?
Succession Planning [top]
A succession plan allows your business to continue if you leave the business for any reason: your retirement, disability, death, or just your decision to move on. Failure to plan for an orderly transition can result in financial losses or even the loss of your business. McCoy Foat will design a comprehensive succession plan to protect you, your family, your employees, your co-owners, and your customers. Ready to set up a free consultation?
Corporate Turnaround Planning [top]
If your business is in “the red” and you’d like it to be in “the black,” our turnaround strategies can take you there. We’ll review your accounting and operational processes to identify the key elements that are undermining your profits. We’ll then help you establish and implement profit-generating strategies. Ready to set up a free consultation?
Management Analysis [top]
Is your team as efficient as it could be? Do you need to do more with less? Where there’s a will (and a little help from McCoy Foat), there’s always a way. Our production efficiency experts will review job titles, workflows and capacities to identify streamlining opportunities. Ready to set up a free consultation?
Forensic Analysis [top]
McCoy Foat has earned a stellar reputation as the go-to source for forensic analysis and expert witness testimony. If you have a legal case that involves financial damages, McCoy Foat can help you reconstruct the circumstances to determine if the damages are valid and real, and their accurate value. We can also help uncover hidden assets in divorce and bankruptcy cases. Our sharp eyes, meticulous accounting practices and articulate opinions are often the added evidence needed to elicit prompt, reasonable settlements or favorable judgments. Ask us about our remarkable track record! Call to learn more or to discuss a specific case.
Commercial Financing and Lending Negotiation [top]
Do you need capital to grow? Do you know the ins and outs of lending as they pertain to your industry? We can help you navigate your next move with sound advice about your capital structure and equity to debt ratio. We can also walk you through the steps to secure the most advantageous loans for your industry and circumstances. Ready to set up a free consultation?
Business Valuation [top]
Do you know what your business is worth? If you’re like many business owners, the answer is most likely "no." There are many instances when it’s important to determine the value of your company. If you’re considering selling your business or a product line, it’s important to know the value to prevent selling it for less than its worth. Business valuations are also a key component in estate or succession planning. Without knowing the fair market value of your business, there isn’t a way to ensure enough liquidity to pay taxes. At McCoy Foat, our Certified Valuation Analysts are qualified to appraise closely-held businesses, providing valuable information for your company’s transition. Thinking about buying or selling a business? Click here to visit our buy/sell services through, “International Business Associates.”