Hood&Strong LLP, Certified Public Accountants

Tax

Audit and Attest

Consulting

Wealth Management and Preservation

Not-for-Profit

Manufacturing/Distribution

Technology

Life Sciences

Private Equity

Benefit Plans

Long-Term Care

Real Estate & Construction

Mortgage Banking

Audit Attest		Business Advisory Services

Business Advisory Services

The Risk Assessment Suite of Auditing Standards
To further enhance audit quality, the AICPA Auditing Standards Board has approved a set of eight new Statements on Auditing Standards (SASs) - collectively referred to as the Risk Assessment Standards.

Proposed Fair Value Option
The Financial Accounting Standards Board (FASB) has issued a proposed Statement of Financial Accounting Standards. This Exposure Draft is available for comment until April 10, 2006

Fraud Information for Audit Committees
The AICPA Antifraud Programs and Controls Task Force has issued a document that offers assistance to audit committees in addressing the risk of fraud arising from management override of internal control over financial reporting. More

American Institute of Certified Public Accountants (AICPA)

Public Company Accounting Oversight Board

AICPA's Employee Benefit Plan Quality Center

Helping your business – is our business.

As a business you face many pressures including: reducing and controlling operating costs, growing revenues, and maintaining complex customer relationships. Our business advisors are with you every step of the way to help you address these concerns. You can count on our expertise to review findings and identify opportunities for improvement, from waste reduction to payment cycles and more.

We specialize in:

Developing Organization Structure
Aligning the Management Team
Managing Elements Critical to Success
Profitability Analysis

Creating a True Profit Model
Targeting Key Performance Areas

Strategic Planning
Business Operations
Logistics Systems
Business Process Reengineering &

Change Management

Evaluation & Assessment
Design & Implementation Management
Activity Based Costing/

Activity Based Management

For more information on how we can help your business succeed, contact us at cpas@hoodstrong.com.

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