North American Financial Services, LLP provides following services for small and medium-sized businesses in the Tri-state area. Please contact us via [1] (877) 848-6237, info@nafsllp.com or by filling out the inquiry form in Contact us page to have detailed information about our services and how we can tailor them to your specific needs.

Accounting Consultancy Services

• Establishing chart of accounts for bookkeeping
• Installation and customization of accounting software
• Preparation of periodic financial statements (balance sheet, profit and loss and cashflow statements) for internal use,
• Preparation of specific purpose financial statements,
• Compilation of financial information,
• Development of internal financial reporting templates (i.e. receivables and payables aging summary, weekly payment listing, etc),
• Case-basis support for accounting problems/inquiries
• Provision of staff for bookkeeping and internal reporting purposes.
• Development of client-specific managerial reports,
• Diagnosis of internal control structure of companies,
• Development of internal control solutions
• Establishment of internal controls and reporting structure for businesses in growth stage.

Accounting Consultancy Services, enables our clients to build their accounting systems customized for their needs, review their profit margins, product profitability, identify areas of cost/expense reduction, utilize tools to manage their cashflow, measure operational parameters and reduce operational risks by revising their internal control structures. They can overcome bottlenecks in accounting function through case-basis support, understand the link between daily operations and financial statements, and avoid costly remedies by taking precautions earlier.

Audit and Attestation Services

Audit and attestation services are aimed to provide our clients the required level of assurance on their financial statements, prepared for internal purposes or for submitting to third parties such as State and Federal Agencies.

Our firm has the skills to perform audits of general or specific purpose financial statements according to International Standards on Auditing (ISA) and Generally Accepted Auditing Standards in the United States (US GAAS). Specifically, Audit and

Attestation Services include:

• Audit of general or specific purpose financial statements according to US GAAS,
•  Audit of general or specific purpose financial statements according to ISA, 
• Review of financial information,
• Compilation of financial information,
• Performing agreed-upon procedures,
• Audit of financial statements prepared in accordance with IFRS.

Business Establishment Services:

In Business Establishment Services, our firm provides consultancy on decision of appropriate business structure, identification of potential business locations and their tax consequences, preparation, submission and follow up of required documents, handling relations with Parent companies of our clients. We are also able to provide advice to potential American investors on the financial and tax requirements of Turkey.

Tax Filing Services: