Georgia Keynote Speaking:

Atlanta Bookkeeping & Accounting Services

We have created programs and presentations for:

Covering a wide range of topics covering all types of Preparation and the Use of Financial Statements, Change Management and Trend Analysis Issues for Business Owners. We work closely with business owners each and every day bringing thirty of experience to bear to “Keep Your Tax Bill as Low as Legally Possible,” while serving as a part-time Virtual Chief Financial Officer/Controller for Your Business. Our keep it simple style will help you, your business, associates and employees develop management expertise in an open and interactive coaching style that will keep you coming back for more.

• Community Associations & Centers
• Kiwanis, Lead Groups, Rotary
• Chambers of Commerce
• Professional, Business & Civic, Business & Civic Associations
• Libraries
• Colleges/Universities
• Corporate  Meetings

Understanding Financial Statements & Change Management

Bookkeeping for a Small Business
Unleash the power of information by learning the ABC’s of accounting for the business and financial operations of your business.

Preparing and Reviewing Financial Statements
As your financial results of your business are like a doctors chart of their patient, this will help enable you to understand financials and their use.

Monitoring Your Books at the End of the Month
Consistent month end control procedures are critical, as any variance to these will negatively impact the reliability of your internal financial. These are just a few of the tips we give clients each and every day.

John Dillard is a Christian Speaker/Author and Certified Public Accountant (All Rights Reserved). To See how he takes Christ along with him to work visit http://www.hiscpa.com/ (An Atlanta CPA firm) and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and to learn about his ministry. To contact John Dillard CPA (Atlanta Christian Author/Speaker) today call 770. 814.9304 proudly serving Duluth, GA, Gwinnett County and Beyond.

“Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!” What, then, shall we say in response to this? If God is for us, who can be against us? Romans 8:31 Why are these verses here? Learn how His CPA became a Christian Accounting firm visit http://www.hiscpa.com/christian-CPA.html

Leadership Keynote Speaker for Georgia Business Owners

We have created programs for:

• Professional & Civic Associations
• Libraries
• Colleges/Universities
• Community Centers
• Corporate “Lunch & Learns”
• Chambers of Commerce, Kiwanis, Rotary and  Business Groups

We can cover a wide range of topics covering all types of Leadership and Management Issues for Business Owners. We work closely with business owners each and every day bringing our decades of experience to bear to “Keep Your Tax Bill as Low as Legally Possible,” while serving as a part-time Virtual Chief Financial Officer/Controller for Your Business. Our keep it simple style will help you, your business, associates and employees develop management expertise in an open and interactive coaching style that will keep you coming back for more.

Leadership & Inspiration

Quality is a Zero Sum Game
The more you give away the more that is returned. Study how you can take charge of your life by being accountable, proactive, and to always be part of the solution

Plan For Success
Only you can plan for your ultimate victory in the marketplace. This checklist will help guide you to consider many of the myriads of obstacles which many business owners omit helping with all aspects of Business and Corporate Leadership Issues.

Financial Management 101

Managing the Heart Beat of your Business
Unlock the secrets of your business by learning to check its pulse by a review of your company’s internal financial information.

Using the Profit and Loss Statement to Determine the Value of Your Business
While the balance sheet shows what a business is worth, the profit and loss statement, properly analyzed, shows a company’s growth rate and rate of return, and points to its future viability.

Audits, Review & Compilations
There are three different levels of independent attestation services your outside CPA may provide for you.  This section will provide you with a basic understanding of each, thereby providing a good reference point for selecting the level of service that is right for your business.

Using Cash Flow Forecasts to Improve Business Decision Making
Many cash/acquisition decisions when made in with little or no information appear prudent until it is too late. Beginning with the basis of Cash Flow 101 a business owner can learn how to best make larger financial decisions with prudence and foresight.

Your Business Credit
Knowing your business and its key operational statistics and ratios will be of prime importance as you plot your company’s short and long term profitability.

John Dillard is a Christian Speaker/Author and Certified Public Accountant (All Rights Reserved). To See how he takes Christ along with him to work visit http://www.hiscpa.com/ (An Atlanta CPA firm) and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and to learn about his ministry. To contact John Dillard CPA (Atlanta Christian Author/Speaker) today call 770. 814.9304 proudly serving Duluth, GA, Gwinnett County and Beyond.

“Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!” What, then, shall we say in response to this? If God is for us, who can be against us? Romans 8:31 Why are these verses here? Learn how His CPA became a Christian Accounting firm visit http://www.hiscpa.com/christian-CPA.html

Duluth, GA/Gwinnett County CPA on Estate Planning  

Atlanta Estate Planning

A CPA should not only be your best “financial friend” he should also be a source of providing other financial advisers who can assist and advice in many other varied sections of longer-term financial advising, such as estate planning. Though many of us, even though as Believers we know where we are going, there is frequently a lack of interest or desire to planning for our life’s end and indeed our passing. Estate planning issues cover a myriad of issues, many of which I maintain a broad general understanding, however for the wise and judicious use and application of Estate Planning, Wills and Trusts I would defer to the skill and wisdom of a Tax Attorney with decades of practical and insightful experience. To this end, I often assist in these meetings between the Tax Attorney and my client to serve as a go between and to ensure that client’s wishes are carried out in a thoughtful and insightful manner. 

Frequently because of the many nuances and variables discussed in such a meeting, it is easy to miss the “meat of the presentation.” Frequently taxpayers who have a net worth over the threshold of having to pay estate taxes, fail to consider that making just a few simple changes will dramatically affect the ultimate disposition of the net worth of the estate and their minor children potentially receiving monies well before the client would have preferred. If an attorney writes a will, failing to consider these items, there could not substantive misdirection of monies, overpayment of taxes, and giving substantive monies to the control of minors, when they are not emotionally mature enough to handle resulting in not only the loss of the monies, but to the failure to adequately guide and direct the children. One such case involved a situation where if the husband had pre-deceased the wife, the ultimate estate tax on her death will be $1,575,000 more than it had to be with some fairly basic estate tax planning (adding a Credit Shelter Trust to their Will). However if the wife pre-deceases her husband, without a Will, he (the husband) would inherit 1/3 of her estate and the children would each inherit1/6 of her estate outright, a result that would be problematic because it might not be consistent with their wishes and would make their minor children suddenly flush with cash.  Reviewing the ownership of assets and ensuring that you can fully utilize the estate tax free amount regardless of order of death is an essential part of the estate planning process. 

Estate planning is, by definition, an unselfish exercise for the benefit of the survivors.  The estate tax is largely avoidable through proper planning over time; failure to plan can give the tax authorities a much bigger piece of your estate than you intend. 

CPA: Never Underestimate the Value 

John Dillard is a Christian Speaker/Author and Certified Public Accountant (All Rights Reserved). To See how he takes Christ along with him to work visit http://www.hiscpa.com/ (An Atlanta CPA firm) and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and to learn about his ministry. To contact John Dillard CPA (Atlanta Christian Author/Speaker) today call 770. 814.9304 proudly serving Duluth, GA, Gwinnett County and Beyond.

“Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!” What, then, shall we say in response to this? If God is for us, who can be against us? Romans 8:31

Atlanta CPA on Using the First Time Home Buyer Credit

Beginning after April 8, 2008 and before December 1, 2009 taxpayers are eligible for the First-Time Homebuyer Credit. TO qualify you home must be purchased in the United States and you (and your spouse, if you are married) must not have owned  any other main home during the three years preceding the date of purchase.

The credit is determined as the lesser of:

-10% of the purchase price of the house.

-$7,500 ($8,000 if the home was purchased in 2009). If you file as married filing separately, then the credit would be half of this amount.

You cannot qualify for the credit if any of the below items are applicable:

-Your Adjusted Gross Income is over $95,000 or $170,000 if married filing jointly.

-You home was financed using tax exempt revenue bonds. This is not applicable to 2009 home purchases.

-You are/were eligible for the District of Columbia first time homebuyer credit.

-You are a nonresident alien or you is not located within the U.S.

-You sell the home, or it ceases to be your main home, before the end of 2008.

-You acquired your home from a related person, including family members, relatives, or a business you directly or indirectly own more than 50% of.

Homes Purchased in 2008. Generally the credit is to be repaid over a fifteen year period while making equal installments starting in the 2010 tax year. If you home ceases to be your main home before the fifteen year period lapses, the unpaid balance is then due as additional tax on the corresponding yeas income tax return. This is applicable whether the home is sold, destroyed, condemned or converted to rental or business property.

Homes Purchased in 2009. You must repay the credit only if the home ceases to be your main home within the thirty-six month period beginning on the purchase date. This is applicable whether the home is sold, destroyed, condemned or converted to rental or business property. If the home remains your main home for the thirty-six month period you do not have to repay any of the credit.

John Dillard is a Christian Speaker/Author and Certified Public Accountant (All Rights Reserved). To See how he takes Christ along with him to work visit http://www.hiscpa.com/ (An Atlanta  CPA firm) and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and to learn about his ministry. To contact John Dillard CPA (Atlanta Christian Author/Speaker) today call 770. 814.9304 proudly serving Duluth, GA, Gwinnett County and Beyond.

“Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!” What, then, shall we say in response to this? If God is for us, who can be against us? Romans 8:31

Why are these verses here? Learn how HIS CPA became a Christian Accounting firm visit http://www.hiscpa.com/christian-CPA.html

Initial Questions to Ask When Interviewing an Financial  Advisor

For those who have never hired a Financial Advisor it can be a daunting task. These core basic questions will do much to enlighten and empower you in making a wise and prudent decision. At the center of these questions is a desire to discover an advisors technical competency, to check their references and to see if you can establish a dialogue. For if you advisor is technically brilliant but cannot communicate you will have much difficulty as well as conversely if they are a good communicator but lack the skills and experience required you are apt to run into problems. These questions can also be easily adaptable to looking for a Certified Public Accountant or Lawyer.

• What services do you provide?
  
  
• How do you provide these services?
  
  
• How do you get paid relative to each of these services?
  
  
• How long have you been in the business?
  
  
• How long have you been with your current firm?
  
  
• How many firms have you worked with?
  
  
• Why did you change firms?
  
  
• Did you get paid to change firms?
  
  
• Did you get paid to stay at your current firm?
  
  
• What is your educational background?
  
  
• What licenses and certifications do you have?
  
  
• Have you ever been disciplined by the NASD or other regulatory agencies?
  
  
• Can I have a copy of your NASD form?
  
  
• Do you prepare comprehensive financial plans?
  
  
• How long does it take to complete a comprehensive financial plan?
  
  
• What do you charge for this comprehensive financial plan?
  
  
• How many clients do you have?
  
  
• How much money do you manage?
  
  
• What type of clients do you have?
  
  
• How often will you contact me and how?
  
  
• How will you determine my risk tolerance?
  
  
• What type of due-diligence do you conduct to ensure my money is well-protected.
  
  
• How is my money going to be protected?
• How often will you meet with me to review my portfolio?
  
  
• Will you be handling my account personally?
  
  
• Will you be executing my financial plan personally?
  
  
• Will you keep me informed with every investment decision you make on my behalf?
  
  
• Will you be organizing, coordinating, and keeping all financial documents up-to-date ?
  
  
• How many full-time associates do you have assisting in providing the services you described?
  
  
• How long have these associates been working with you?
  
  
• What is the role of each of your associates?

• Can you outline your service model?
  
  
• What are your office hours?
  
  
• Do you have names of clients, CPAs, and attorneys you have worked with who I can call?

You can contact Ms. Meredith of Moore & Associates Wealth Management in Roswell, GA at 770.587.0281 or visit www.MooreWealthMgmt.com

Crafting Your Recovery Strategy

By Jerry Hansen, CFP^®

The markets of 2009 have thus far remained volatile. As of March 2009 the markets are  down nearly 50% from their peak in October 2007. Financial concerns and economic news continue to make headlines. You may be frustrated, angered, and even shocked by recent financial events. However, it is important to realize that market declines  invariably present potential opportunities.

While it may be painful to review your investments, now is the time to regroup and reassess your financial situation.  You can basically take one of two directions: 1) ignore the market, don’t look at your investment statements, and hope that your accounts will recover or 2) reassess your plans and investment strategy and consider opportunities that may arise with a market recovery. The problem with the first approach is that hope is not a strategy.

During this decade we have now seen two bear markets (stock market loss of 20% or more) in 2000-2002 and in 2008. You may have experienced different market cycles to see how your strategies have worked (or not worked).  If you feel your investments and retirement plans are “stuck in place,” then rethink your strategy. One definition of insanity is “doing the same thing over and over and expecting different results.”

During market cycles, research has shown that some asset classes typically rise and fall more quickly than others depending on the stage in the market cycle (Satya Dev Pradhuman, 2000). Given that we are in a bear market, proactive investors will make tactical moves before the overall market recovers to seek the asset classes that may recover more quickly.   

The following steps can help you develop a recovery strategy.

1. Acceptance – As painful as it may be, accept the reality that you have suffered some losses.
2. Take Inventory – Next, take inventory of your current situation. Check your account balances, and revisit your financial plan.
3. Reassess Goals –You may need to rethink your retirement aspirations, save more, or target a higher growth rate for your investments.
4. Critically Evaluate Your Investment Strategy – Compare your investment performance to benchmarks and to your goals. If your investments are down as much as the overall market, does this strategy make sense for your plan? If not, look at benchmarking against a “targeted rate of return” rather than the market’s return. This is called “Absolute Return Investing.”
5. Ask “Is Buy and Hold the Answer”? During each of the last two significant market declines, many advisors, publications, and pundits suggested “holding on” and “hanging in there.” Stock prices are a function of demand and supply: if the market is dropping then there are more sellers than buyers. If you were a “buy and hold” investor, you were holding while others were selling (leaving the market). Ask yourself, “Do I need a framework to make tactical moves based on market and economic conditions?”
6. Review Costs and Fees – Check your mutual funds and brokerage accounts for fees. Are you paying an advisory fee PLUS mutual fund fees? Big fees are like getting “pecked by little ducks.” At first it only hurts, but after awhile it can kill you.
7. Implement Your Changes – Take action to start the process. Take the first step by calling your spouse or partner and your financial advisor and schedule a meeting to review your situation. Get this meeting on your calendar. If you don’t have a trusted advisor working in your best interest, get a second opinion from an experienced independent fee-based advisor.  

Lessons Learned – Lessons can be learned from any bull or bear market. One thing investors can learn from the 2008 market is that cash is a valid asset class.  There may be times to have money “on the sidelines” in a cash account instead remaining invested in the market.  

In addition to helping you take steps to craft a recovery strategy, I am providing a short list of different types of investment strategies. Whichever strategy you decide on, one of the keys to successful investing is to stick to your discipline (assuming you have a discipline).  Keep in mind, there is no guarantee that any strategy will ultimately be profitable nor protect against loss.

A Short List of Potential Strategies

Diversification vs. Concentrated Strategies. Some portfolios are built around diversification while others are more concentrated. Warren Buffett is a big believer of concentrated strategies (Hagstrom, 2005).

Strategic (Static) Asset Allocation vs. Tactical Asset Allocation. Tactical asset allocation seeks to overweight and underweight assets (e.g. 10-20%) depending on various factors including trends, valuations, and market cycle stages. Strategic allocation is static, the asset mix doesn’t change much.

Contrarian vs. The Herd – Are you “following the pack” or do you want some “outside the box” investments.  

Jerry Hansen is an independent financial advisor with Raymond James Financial Services, Inc. Member FINRA/SIPC. He has over 20 years of financial services experience and specializes in retirement planning and asset management. He is based in the Atlanta area and has clients coast to coast.

Email: jerry.hansen@raymondjames.com

Sources: Sayta Dev Pradhuman, 2000, Small-Cap Dynamics. Robert G. Hagerstrom, 2005, The Warren Buffett Way

American Recovery and Reinvestment Act of 2009 (ARRA)

-Helping Atlanta Business Owners with Payroll Tax Issues for Decades

On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA), commonly known as the Economic Stimulus Act. The IRS and DOL continue to define its provisions but here are some key highlights known so far:

Increase in Payroll Checks. 

·      The IRS issued revised federal withholding tables and Advanced Earned Income Tax Credit tables that
will lower the amount of federal income tax withholding, and businesses are to utilize them no later than
April 1, 2009.

·      The credit is 6.2% of earned income, up to $400 per person per year for singles, and up to $800 for
married couples. The credit phases out for higher wage earners.

COBRA Premium Subsidy.

·      Employers offering a group health plan subject to federal COBRA or similar state law regulations are required to offer premium assistance to Assistance Eligible Individuals (AEI). 

·      Employees, as well as their spouses and covered dependents, would be considered an AEI if they
experienced an involuntary termination between September 1, 2008, and December 31, 2009.

·      An AEI is eligible for a 65 percent federal subsidy on their COBRA premiums for a maximum of
9 months, and is considered to have paid their COBRA premium in full if payment of 35 percent
is made to the employer.

Form 941 – Claim COBRA Premium Credits.

·      Through a revised Form 941, effective first quarter 2009, the federal government will reimburse
employers for the 65 percent of the COBRA premium by allowing them to take a credit against
their quarterly employer tax liabilities.

·      Additional lines on the revised Form 941 are to report the number of COBRA premium assistance
individuals and the total dollar amount of COBRA premium assistance payments.

Additional Business Tax Provisions Include:

·      50% bonus first-year depreciation for assets purchased in the current year.

·      Businesses under $15 million in gross receipts for 2006-2008 can carry back 2008 losses for 5 tax years.

·      Asset expensing continues its $250K ceiling through 2009.

·      Work opportunity credits have been expanded to include both veterans and disconnected
youths (16 to 25) who are unemployed.

Additional Individual Tax Provisions Include:

·      First-time homebuyer credit for those who purchase – in 2009 – up to $8,000 without a
payback requirement.

·      $250 benefit check for Social Security recipients, veterans and railroad retirees.

·      Taxpayers who buy certain new vehicles in 2009 can deduct the state and local sales taxes paid.

Details surrounding these and other tax law changes are still being provided.
For updated economic stimulus legislation, please visit www.irs.gov

This content provided by Paychex, Inc. For more information, please visit www.paychex.com
or call MARTHA JANE WALKER at 678-699-5988 c

Atlanta GA

mjwalker@paychex.com

The material contained above is current as of March 5, 2009.

Nervous 401(k) Investors Shouldn’t Bail Out 

It’s no surprise that a turbulent stock market is making some investors in employer-sponsored 401(k) retirement plans wary of putting any more money into these plans. But a volatile stock market doesn’t mean you should stop or cut back on contributions to your 401(k). Whether you be in Metro Atlanta or Beyond this is timely news you can use.

In fact, you should do just the opposite. If you’ve reached the maximum annual contribution this year to your 401(k) and still have money left over to invest, then you may want to consider a Roth or traditional IRA.  If you need liquidity, you might want to fund investments outside of your retirement accounts. 

Most 401(k) investors should plow as much money as they can into these plans in order to benefit from their employer’s matching contribution and tax deferred growth, and also to take advantage of a simple strategy called dollar-cost averaging. 

By continuing to invest a fixed dollar amount each month into your 401(k)’s stock portfolio, you’re able to buy more shares when prices are low and fewer shares when prices rise. Add that to your employer’s matching contribution and tax-deferred compounding, and you’re poised to see the value of your plan go up when the market rebounds. Keep in mind that dollar-cost averaging does not guarantee profit or protect against loss and you should consider your financial ability to continue purchases at low levels. 

            If you’re worried about your declining 401(k) balance, you may want to look at some of these options: 

§  Diversify into bonds.   If you’re 100% invested in stocks and are uncomfortable with the volatility, shift more of your 401(k) assets into fixed-income investments such as bonds, which may offer your portfolio more stability and income to fund your golden years. However, avoid wholesale switches back and forth and it’s a good rule of thumb to consider having at least 25 percent of your portfolio in stocks throughout your retirement to keep ahead of inflation and keep your retirement income growing.

§  Retire later. Delaying your retirement one or two years can have a dramatic effect on the value of your retirement portfolio. For example, if you’re 40 years old and plan to retire at age 55 with a portfolio currently valued at $300,000 earning 8 percent annually, you would run out of money at age 73 if you withdrew $100,000 in income each year beginning at age 55. However, assuming the same numbers, by postponing your retirement only two more years to age 57, that same portfolio could last until age 85, about 12 years longer.

§  Work part time. More retirees are finding that the good life doesn’t always mean relaxing poolside. Many become bored and start second careers or work part time for some extra cash. By working part time you can decrease the amount of income you draw from your investment assets such as your 401(k). This can greatly extend the life of your 401(k) assets and provide a potentially higher income in your later years.

§  Reduce debt. Paying off high-interest credit-card debt and other loans can put more money into your pocket each month that can reduce the amount of income you need to tap from your 401(k) or buy more time for your portfolio to grow. Because many mortgage balances are higher on average than they were a decade ago, that means refinancing your mortgage may save you a significant amount each month even if mortgage interest rates drop only one to 1.5 percent. 

Please note that the examples above are for illustrative purposes only and do not reflect the performance of any particular investment.  Your financial advisor can help you create a plan to suit your individual needs and can help discuss other alternatives to help you better plan for retirement.

 The accuracy and completeness of this article are not guaranteed. The opinions expressed are those of the author(s) and are not necessarily those of Wachovia Securities/Wachovia Securities Financial Network or its affiliates. The material is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.  

This article was written by Wachovia Securities and provided courtesy of The Strong Gaddy Lilly Wealth Management Group in Gainesville, GA.  They can be reached at 770-532-6361 or 1-800-332-6361.

Presented here my Atlanta Christian CPA, Author and Speaker John Dillard CPA who can be reached at www.HisCPA.com or by calling at 770.814.9304

Financial Considerations for Atlanta Georgia Business Owners

For those who own their own business, it’s no secret that personal financial security is very closely tied to the success of the business. And with the never-ending task of overseeing day-to-day operations, owners may find it difficult to focus on broader financial issues associated with running a business. Following is a brief checklist of some of the most important items business owners should consider, along with an explanation of how each fits in the big picture.

Qualified Retirement Plan.  To help you with the all-important task of planning for retirement — both for yourself and for your employees — a qualified retirement plan allows you to build a portion of your wealth independently from your business. For you personally, such a plan offers several advantages. For one thing, you can reduce your personal taxes by contributing to a retirement plan. In addition, these plans allow for tax-deferred growth on your plan investments that may provide a significant amount for your retirement. 

Aside from the personal benefits, you may also be eligible to receive a business tax deduction for the cost to establish and maintain the plan, and for the employer contributions you add to your employees’ accounts. A good retirement plan will also help attract, reward and keep good employees, which could prove to be a competitive advantage for your business.

Compensation.  While a qualified retirement plan can be a good start to building wealth for retirement, it may not address all your needs and objectives. In some cases, you may need to provide additional options for the owners or other highly compensated individuals within your business. Though they only apply in limited circumstances, nonqualified deferred compensation plans allow you to address these unique needs through several options. Some plans let executives defer a portion of their compensation, while others let employers provide tax-deferred compensation to this select group.  There are also excess deferral plans for highly compensated individuals who may be subject to contribution limits with qualified plans.

Beyond the salary and deferral issues, there are several other elements that make up total compensation. You may want to provide life insurance as an employee benefit.  Group term life insurance, individual and group disability insurance and individual and group long-term care insurance are additional benefits that could be offered for employees. In addition, you might consider other benefits such as 529 college savings plans, which can help employees save money to send their children to school. 

Insurance.  In business, you face many risks you cannot control. In that light, it only makes sense to try to reduce the effects of those risks to the extent possible. Remember, one of the most valuable assets of the business is you. For this reason, you should make sure to have adequate life and disability insurance for yourself, in order to provide financial security for both you and your family.

If the owner of a business or a key employee dies unexpectedly, the business could suffer as a result. Key-person insurance can provide cash to help your business continue operating in difficult times, and it may surprise you how affordable it is to effectively reduce a serious risk to your business.

While these are just a few of the major concerns business owners face, you may want to take time to consider the many options available to help you address these issues.  A financial advisor can be one key member of your team to help put your finances in order, so that you can spend your time doing what’s most important — building your business. 

The accuracy and completeness of this article are not guaranteed. The opinions expressed are those of the author(s) and are not necessarily those of Wachovia Securities/Wachovia Securities Financial Network or its affiliates. The material is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. 

This article was written by Wachovia Securities and provided courtesy of The Strong Gaddy Lilly Wealth Management Group in Gainesville, GA.  They can be reached at 770-532-6361 or 1-800-332-6361.

Wachovia Securities is the trade name used by two separate, registered broker-dealers and nonbank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC Member, NYSE/SIPC, and Wachovia Securities Financial Network, LLC (WSFN), Member FINRA/SIPC.  

Investments in securities and insurance products: NOT FDIC-INSURED/NOT BANK-GUARANTEED/MAY LOSE VALUE   

Presented here my Atlanta Christian CPA, Author and Speaker John Dillard CPA who can be reached at www.HisCPA.com or by calling at 770.814.9304

Atlanta CPA Advises on How to Read & Understand Fiancial Statements

Your Business’s Pulse…Know How to Read Your Business Financials

The careful study and scrutiny of your finacial statements by yourself as well as your CPA is as important as the sales transaction itself. Absent a wise and judicious use of the knowledge afforded by the careful preparation and utilization of financial statements you are most apt to dramatically decrease your chance of short as well as long term survivability. By working with your CPA you can learn to use this strategic information and begin to understand the nuances of ratios, margins, and statistics you can use to the wise management of your business. 

We serve clients that are located in Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, Dekalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain and Decatur.

John Dillard CPA of His CPA PC  (a Christian CPA firm) is an author and Certified Public Accountant (All Rights Reserved). To See how he takes Christ along with him to work visit http://www.hiscpa.com/ and for his latest book Overcoming Life’s 9/11′s: Job’s Journey. 

“Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!” 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Payroll Administration, Bookkeeping.

(Proudly Serving Atlanta and Duluth for Over Twenty Years)