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.
Proactive Guidance on Areas Critical to Insurance Agencies
- 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
- 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.