Audit, Tax & Consulting for Insurance Brokers and Agencies

Insurance agency executives require reliable financial data, and must interpret this data regularly to run their business effectively.

AAFCPAs has deep knowledge and over 40 years of proven experience providing professional services to insurance agencies. We understand the unique accounting and operational aspects of insurance agencies including: challenges related to revenue recognition, commissions and profit sharing.

In addition to best-value assurance and exceptional tax expertise, AAF provides proactive guidance and advice on areas critical to the success of insurance agencies, including:

Evaluation of cost reduction strategies
Calculation of financial ratios and benchmarking
Analysis of financing options
Guidance on business processes, IT systems, and performance controls
Business transaction strategies, and due diligence on M&A candidates
Ownership succession planning
Coordination of business and owner tax planning strategies
Managed Accounting Solutions: Right-size, outsourced accounting solutions, from cloud-based accounting to high level CFO oversight
Business Performance, Internal Controls & IT Advisory
Institutional investment advice, money management, financial planning & consulting, executive deferred compensation & retirement plan consulting, and succession planning solutions
Fiduciary guidance and investment advisory solutions for employee benefit plan sponsors
Technical Accounting Advisory: Implementation of new accounting standards, assistance with complex operational and financial transactions, audit preparation

AAFCPAs fully understands the complexities of the industry and offers proven solutions to help you meet your business goals. Our clients consider us a best-value CPA firm because we provide that ideal combination of expertise, service, and price.

What our clients say

“AAF professionals have provided Murphy Insurance Agency with excellent service for over a decade. In addition to their expertise and knowledge, they are always accommodating and respond quickly to our questions and concerns. They exemplify the high standards of professionalism that we continually expect. I always enjoy working with the AAF team and would highly recommend them.”