Services
Three things that recur every year, and three levels of assurance on your financial statements. Lam handles all six personally.
Part one · Ongoing compliance
Returns and year-round planning
Federal and state returns for individuals, partnerships, S corporations and C corporations. Planning happens through the year, not in April, so filing season turns up no surprises.
Books a lender will accept
Monthly or quarterly close, reconciliations, and clean-up of records that got away from you. The goal is books that hold up the day a bank, a buyer or the IRS asks to see them.
Runs, filings and year-end forms
Payroll processing plus the filings that follow it - quarterly 941s, annual W-2s and 1099s, and Texas Workforce Commission reporting.
Part two · Attest services
When a lender, bonding agent or investor asks for financial statements, they are asking for one of these three. They are not interchangeable, and asking for more assurance than you need is an expensive mistake.
No assurance
I put your financial statements into proper form from the records you provide. I don't test them or express an opinion - the statements remain yours.
Limited assurance
Analytical procedures and inquiry, ending in a statement that I'm not aware of any material modifications the statements need to conform with the applicable framework.
Reasonable assurance
The highest level. Substantive testing, third-party confirmations and evidence gathering, concluding in a formal opinion on whether the statements are fairly stated in all material respects.
The requesting party decides, not you and not your CPA. Check the exact wording in your loan agreement, bond application or grant terms — it will name the level. If it is ambiguous, send it over and Lam will read it for you.
Get started
A short call sorts out which services you actually need and what they involve. No charge for the conversation.