What services/offers could an accounting firm make that would appeal to a small business owner?

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My answer to What services/offers could an accounting firm make that would appeal to a small business owner?

Answer by Ken Larson:

Most of my commercial clients perform their own general ledger accounting and hand an electronic file to an accounting firm at year end for tax preparation services.

A unique field in high demand is that of government contract job cost accounting. This is a specialty field under federal contracting regulations that involves compliance with Cost Accounting Standards (CAS).

What Small Business Should Know About FAR and CAS

Accounting firms that become expert in this field have tremendous services opportunities to small firms that enter government contracting.

DCAA AUDITS AND SMALL BUSINESS JOB COST ACCOUNTING SYSTEMS

What services/offers could an accounting firm make that would appeal to a small business owner?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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