At Murphy Gaudreau Hoskinson, Inc., we recognize that every private company has unique opportunities, challenges, and plans for the future. We deliver accounting and tax services tailored to private companies, including family-owned businesses, closely held (non-family) businesses, and private equity-backed companies. These businesses include:
Not-for-profit organizations operate for the benefit of a particular group or cause, rather than to generate profit. They rely on donations, grants, and other forms of funding to operate. In terms of accounting, not-for-profit organizations are required to follow generally accepted accounting principles (GAAP) and must also adhere to specific rules set forth by the Financial Accounting Standards Board (FASB). In addition, not-for-profits must file a Form 990 with the IRS, which provides information about the organization’s financial activities and governance.
We work with:
Employee benefit plans are programs that offer various benefits to employees, such as health insurance, retirement plans, and vacation time. In terms of accounting, employee benefit plans must follow specific rules set forth by the Employee Retirement Income Security Act (ERISA) and the Pension Protection Act (PPA). These rules relate to the reporting and disclosure of information about the plan, as well as the funding and investment of plan assets.
We provide limited scope audits for employee benefit plans. As a member of the American Institute of Certified Public Accountants’ (AICPA) Employee Benefit Plan Audit Quality Care Center, our specialists adhere to the highest standards of audit quality and control.
We provide reviews and audits specific to the mortgage industry.
Mortgage lenders are organizations that provide loans to individuals and businesses for the purpose of purchasing real estate. In terms of accounting, mortgage lenders must follow GAAP and may also be subject to specific rules and regulations set forth by regulatory bodies, such as the Consumer Financial Protection Bureau (CFPB). Mortgage lenders may also need to consider the impact of changes in interest rates and the housing market on their financial statements. We provide reviews and audits specific to the mortgage industry.