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Diagnostic Review

A FREE review is worth exactly what you paid – NOTHING. A PAID accounting diagnostic review is a comprehensive evaluation of a company's financial records and processes that uses a specific and proven methodology, aiming to identify errors, inefficiencies, and potential risks. It's a proactive assessment, like a check-up for your books, to ensure your financial health and identify areas for improvement. 

Key Aspects of an Accounting Diagnostic Review:

  • Evaluation of Financial Records: This includes reviewing transactions, financial statements (balance sheet, income statement, cash flow), and accounting software. 
  • Assessment of Processes: Examining how the company handles cash receipts, disbursements, payroll, budgeting, and tax compliance. 
  • Identification of Issues: Looking for errors, inconsistencies, and potential risks, such as outdated depreciation schedules, duplicate invoices, or inadequate internal controls. 
  • Recommendations for Improvement: Providing actionable steps to address identified issues and strengthen overall financial management. 

Benefits of A Diagnostic Review:

  • Improved Financial Health: Ensuring accurate and reliable financial information, leading to better decision-making and accurate tax reporting. 
  • Reduced Risk: Identifying and mitigating potential problems before they escalate and cost you money. 
  • Streamlined Processes: Optimizing efficiency and resource utilization within the accounting department – more cost savings. 
  • Preparation for Growth: Ensuring a solid financial foundation for future expansion. 
  • Peace of Mind: Gaining confidence that the company's financial operations are in good order and accurately reflect state of the business and the profitability of operations. 

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Aeona

201 N. Brand Blvd. Suite 200 Glendale, CA 91203

Main: (818) 527-6827 | Support: (818) 533-9553

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