Way Robert S CPA

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Stockholders, creditors, and private investors often need assurance that the financial statements accurately represent the true financial position of a company. Your stockholders, creditors, or private investors have different levels of risk tolerance, so we provide three levels of assurance to meet your needs.

You get the highest level of assurance because we go outside your company to obtain more information. Typically, we'll have written communication with: Your customers, to check outstanding receivable balances, Your banks, to confirm cash or debt balances and terms, Your vendors, to verify outstanding payable balances, and Your attorneys, for information on pending or threatened legal action. We also perform physical inspections by observing your inventory counting methods and perform test counts.

Way, Ray, Shelton and Co. provides a broad range of services to its newspaper clients that are structured to fit specific needs. “For most of our clients we provide a full range of accounting services, such as tax, assurance, advisory and compliance services throughout the year,” Shelton said. “We have many other newspaper clients who just contact us on an as-needed basis, to consult with them on mergers, acquisitions, compliance issues and more.

“[It] has provided a great client base for us over all the years we have been in business,” Shelton said. “It is a stable industry and, in our experience, is filled with honest, ethical, hard-working people. We have been proud to make some of these companies our clients and have developed long-term relationships with their people.

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