Equanimity Accounting Service Offerings

• Performing Detailed Process Walkthroughs
• Identifying IT Controls
• Identifying Key Controls
• Establishing Effective Management Review Controls
• Establishing Documentation Protocol to Support Control Structure Effectiveness

• Identifying and Analyzing Transactions
• Recording Transactions via Journal Entry
• Posting Transactions to the General Ledger
• Creating Trial Balances
• Analyzing Account Balances
• Creating and Adjusting Journal Entries
• Creating Financial Statements
• Closing the Books

• Identifying the Contract
• Identifying Distinct Performance Obligations (If Any)
• Determining the Transaction Price
• Allocating the Transaction Price to Each Distinct Performance Obligation
• Recognizing Revenue When/As the Entity Satisfies a Performance Obligation

• Identifying Applicable Leases
• Classifying Applicable Leases
• Calculating Initial Lease Liability and Right-of-Use Assets
• Booking Monthly Lease Activity
• Creating Financial Statement Disclosure

• Identifying Key Accounts
• Performing Internal Audit Testing
• Creating Roll-Forward Schedules and Reconciliations
• Liaising with External Auditors

Producing accurate and timely financial statements is a crucial responsibility of any accounting department. These statements provide external stakeholders with a clear understanding of the entity’s financial well-being.

We will support you in creating and maintaining your financial statements, including preparing comprehensive accompanying footnotes. Our expertise ensures that your financial statements present a reliable and comprehensive snapshot of your financial health.

• Identifying the Appropriate Level to Report Internal Results
• Identifying Opportunities to Increase Profitability
• Identifying Ways to Track Key Metrics
• Providing Objectives and Key Results Coaching