Frequently Asked Questions

Accounting Services That Fit Your Needs

We understand that choosing the right accounting firm for you business is an extremely important decision. If you can relate to any of these questions, please call us. We would love to hear from you.

  • Do you feel there aren’t enough hours in the week to assess your company’s financial health?
  • Are you in growth mode and need help forecasting?
  • When do I need to establish financial goals and forecasts?
  • Why do I need a budget?
  • What is a strategic business plan?
  • How do I better understand my P&L?
  • How do I know when I need to hire?
  • How productive and billable are my employees?
  • Why do I have so much cash but I am running a loss?
  • Where’s my cash when I am showing a profit?
  • How can I tell which of my products or services are most profitable?
  • Which department do most of my expenditures go to?
  • How can I clean up and organize my QB data?
  • Absolutely, we service all of our customers virtually through our cloud-based accounting and document retrieval systems. As much as we love to meet our clients in person we have learned that virtual meetings can be just as beneficial for our client relationships.

    Category: category_1

    Load More

    We assign you a dedicated team of bookkeepers, staff accountant and accounting manager who work from our service center in Glendale, California. They’ll communicate with you in many different ways including phone, email, text message or Skype, whatever works best for you.

    Category: category_1

    Load More

    It depends on the condition of your books and the magnitude of your company. For small or new companies, it can take as little as a week to set up your accounting services online and get started.

    Category: category_1

    Load More

    There are three different ways you can send information to the Jacob K. Farsakh MBA, CPA & Company team. We provide all of our clients with a designated document transfer/storage account, accounts payable solution, and/or email.

    Category: category_1

    Load More

    We are always available to our clients, just as though we were in your back office.

    We will provide you with the e-mail addresses and business cell phone numbers of our team members that you will be working directly with.

    Category: category_1

    Load More

    When working with Jacob K. Farsakh MBA, CPA & Company, your company gets the added benefit of having a team of outsourced accountants who know your industry and your accounting software.  Whether you’re on a basic accounting software such as QuickBooks or an industry-specific accounting software to a more complex ERP system, Jacob K. Farsakh MBA, CPA & Company can handle it.  We make sure that the outsourced accountants who will be providing the services match your industry and software requirements.

    Category: category_1

    Load More

    No. You may decide to handle certain accounting functions in-house, or we can become your complete virtual accounting department. The Jacob K. Farsakh MBA, CPA & Company team will need to liaison with someone on your staff however, they do not need to have accounting skills.

    Category: category_1

    Load More

    We can access your accounting system remotely, either via a personal computer, a terminal server or a web based hosted service.

    Category: category_1

    Load More

    Absolutely! We enjoy the passion and excitement of working with new business owners. There’s a lot to tackle when starting a new business: choice of legal entity, federal, state and local filing requirements, and taxes to name just a few. Jacob K. Farsakh MBA, CPA & Company is a one-stop resource for entrepreneurs and start-ups. We understand the complex issues that can arise and know how to handle them. Let Jacob K. Farsakh MBA, CPA & Company handle the details so that you can concentrate on running your business and making it profitable.

    Category: category_1

    Load More

    It’s not uncommon for a business to be a few months behind in their bookkeeping when they come to us. That is precisely why they need us – because it’s difficult to stay on top of your books and run a demanding business. We’re prepared to roll up our sleeves and get you back on track.

    Category: category_1

    Load More

    The short answer: No. You actually have more control since you’ll have accurate, up-to-date financial statements at your fingertips. You’ll have more time and money to plan instead of simply reacting to business events.

    Category: category_1

    Load More

    Utilizing cloud technology helps business owners’ access critical financial information — anytime, anywhere. By integrating the internet, software and the cloud, you can improve the overall efficiency of both administrative and accounting processes which will positively impact your business and your bottom line.

    Category: category_1

    Load More

    With Jacob K. Farsakh MBA, CPA & Company, you get an accounting team that delivers on-time, actionable financial intelligence and keeps you audit ready and tax ready any time of the year. Instead of relying on the experience, availability and technological know-how of a single person, you’ll have an entire dedicated team of professionals who are experts in small business accounting compliance.

    Category: category_1

    Load More

     
    Here are the main additional benefits of choosing Jacob K. Farsakh MBA, CPA & Company over another self-proclaimed bookkeeper:

    Cost-Effective, Hand-on Solution – Jacob K. Farsakh MBA, CPA & Company will work with you on maintaining a budget for your bookkeeping and accounting needs that will offset the costs of hiring a bookkeeper as your employee after considering payroll taxes, employee benefits, worker’s compensation insurance, among many other items. Most importantly, you don’t have to train or hope that you will be receiving the quality work and service you deserve.

    Reliable, Accurate Financial Results – You’ll have a second set of eyes on every financial report we deliver, and you have access to additional expertise within our service center. And, because you’re working with an entire team, you never have to worry that your accounting will suffer due to turnover, vacation, sick leave, maternity/paternity, or other paid time off.

    Accounting Expertise on Demand – By working in dedicated teams, we can delegate most tasks to staff accountants and bookkeepers because they are trained and work side-by-side with experienced accounting managers. They get to know your business and bring a level of accounting best practices and knowledge that is not seen within a bookkeeping service.

    QuickBooks® Systems Design and Integrations – Jacob K. Farsakh MBA, CPA & Company employees are Certified Intuit ProAdvisors with in-depth experience using third party applications that integrate with QuickBooks. Our accounting software specialists and on-staff professionals make sure your QuickBooks file is optimized and your financial systems are set up to eliminate manual entry and to grow alongside your business. This results resulting in improved operational efficiencies and more reliable and actionable financial intelligence to help you run your business.