ACCOUNTING IMPORTANCE
The accounting services we provide our music industry clients are an integral part of the management of their businesses. We service several music product retailers and manufacturers, recording studios, musicians and bands, record labels, music schools and tour support companies throughout the United States. These clients rely upon us to provide them with the timely issuance of financial statements, and related compilation and review services.
CRITICAL AND TIMELY FINANCIAL DATA
Our clients understand the importance of timely financial statements. These statements are used to inform management of what’s going on to capitalize on the things going right and fix the things going wrong. Operating costs, inventory turns, gross profit margins, receivable collections, floor-planning costs, employee compensation and debt structure are just a few types of critical data our clients need in an ever-changing marketplace. We are trained to examine the process in which transactions are recorded in order to advise you on the efficiency and reliability of your accounting systems. We will identify changes, trends and opportunities and then inform you of their significance and impact on your business. That’s the level of professional service you should expect from your accounting firm.
CREDIBILITY THROUGH INDUSTRY RECOGNITION
Our experience in the music industry is an integral component of the credibility we lend to our clients’ financial statements. That credibility is important to our clients, their banks and financing sources, and their vendors. Without timely, meaningful and credible financial statements, new product lines can’t be obtained, financing and credit can’t be obtained or expanded, and music businesses can’t grow, or worse, can’t run.