The East Tennessee community and its economy is important to us at Whitlock & Company. Through our client relationships and experience in the area, we’ve learned what matters most to our clients involved in different industries. Every industry and business location presents their own unique opportunities of changing compliance regulations, cost classifications, risk management, and tax planning. Our goal is to be your company’s financial partner and take advantage of opportunities together. See a list of main services to our local industries below.
At Whitlock & Company, we strive to meet each individual’s specific needs in planning for the future and achieving their goals in an ever-changing financial regulatory environment. We assist our clients with a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities. Our expertise and experience allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. With nearly 70,000 pages in the U.S. tax code, tax laws and regulation are always changing and are becoming more complex. That is why you need a team of professionals to help you navigate the complexities of tax law and reduce your tax exposure.
Whitlock & Company provides integrated approach to client services, offering a full gamut of accounting services to ensure clients are taken care of from beginning to end. Relationships are the foundation of Whitlock & Company, the better we know your business, the better we are able to anticipate your needs and consult you as a client. We offer the following assurance services:
The integrity of your financial documents is crucial, and the objective professionals at Whitlock & Company can provide that assurance. There are varying levels of assurance when considering Compilation and Review services. Each measure of assurance services will offer value for certain situations in your business.
A Review provides limited assurance that is based primarily on analytical procedures and inquires made of the management team to confirm if any modifications of your financial information are necessary. This does not include review of internal controls, verification of data from third parties, or physical inspection of assets.
A Compilation consists of assisting management in presenting financial information in the form of financial statements but with no expression of objective assurance of its accuracy. Our knowledge of accounting principles and a general understanding of your business are used to provide observations of value from a financial perspective.
Sometimes, running a business is like a juggling act. Keeping all of the “balls” (your business responsibilities) in the air can be difficult. Considering that each client is unique, our professionals listen to you and get to know you, your industry and business, your goals, challenges and your dreams. This personal interest ensures customized business advisory services to keep you moving in the right directions.
Together, we build a strategy, working side by side with you to focus and stay on track on the important aspects of your business, no matter your specific needs or type of industry.
The range of needs for valuing businesses continues to widen, and Whitlock & Company, P.C. can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
Setup & Installation – It is important that the initial setup and installation of QuickBooks be done correctly to ensure that future information is accurate. We can install QuickBooks on your stand-alone computer or in a network environment, in either single- or multi-user mode. We are then able to assist new users with the initial setup steps, which include conducting the interview, setting preferences, populating lists of customers, vendors, and employees, and setting up banking and reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.
Personal Training – No need to take a class! We will provide one-on-one attention to your needs. We train you personally! Either one-on-one or several individuals within your organization at your company’s location.
Support – With our support services available, never hesitate to ask a question! Our staff includes a Certified QuickBooks ProAdvisor to provide a detailed solution to any problem you may encounter! Our QuickBooks support service is perfect for those companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll professionals to offer suggestions on your transactions, accounts and reports! This service is ideal when preparing for tax time or just a monthly routine clean-up and check of problem areas.
