VU FORENSICS & ADVISORY, LLC
Certified Public Accountants | Business Consultants
Call us at
1.877.810.6226
SBA 8(a)/SDB Small, Woman-Minority Owned
Client Services
Our firm offers a wide range of cost effective services to individuals, government, and small to medium size businesses. We have extensive professional experience as well as resources to accommodate the specific needs of each client.

The majority of our business falls under the categories listed below. If you should need more information than what is provided below, do not hesitate to contact us. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see listed.

 

ACCOUNTING SERVICES

Providing timely and accurate financial information to our clients is one of our top commitments. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:

  • Bookkeeping (Monthly, quarterly, annually)
  • Financial statements preparation
  • Bank reconciliations and other account reconciliations
  • Sales & use tax returns
  • Business Personal Property tax returns
  • Payroll processing and payroll reports
  • Accounts Receivable processing
  • Accounts Payable processing
  • Borrowing Base Certificate preparation
  • Quickbooks support and training
  • Outsourced Controller and CFO services
  • Implementation of accounting software
  • Personal financial statements/Net Worth calculations
  • Business entity selection
  • Financial forecasts and projections
  • Cash flow and budgeting analysis
AUDITS, REVIEWS, AND COMPILATION SERVICES

Shareholders, bankers, investors, government agencies, and creditors often need assurance that the financial statements accurately represent the true financial picture of a company. There are three levels of assurance to meet the levels of risk tolerance:

Audits-Highest Level of Assurance

An audit provides the highest level of assurance. An audit is a methodical review and objective examination of the financial statements, including the verification of specific accounting documents and information as established by AICPA professional standards.

Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings and audit documentation, we issue a report on whether the financial statements are fairly stated and free of material misstatements.

We perform:
  • Audits of small businesses.
  • Audits of non-profit organizations.
  • Audits of state and local governments.
  • HUD Audits
  • DCAA Audits (Preparation)
Review-Limited Assurance

Less extensive that an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures we apply to the financial statements, and various inquiries we make of your company's management team. If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures.

Who might request a review? Banks often require review from an independent CPA as part of their lending covenants.

Compilation - Lowest Level of Assurance

In compiling financial statements for a client, we present information that is the "representation of the management" and express no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business industry.

A compilation is performed mainly for internal management use.

TAX PLANNING AND PREPARATION

Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or corporation, our experienced staff can develop tax strategies that take advantage of new tax laws and legislations.

Our services cover both federal and state taxation:

  • Individuals (Form 1040)
  • Corporations (Form 1120, 1120-S)
  • Partnerships (Form 1065)
  • LLCs/LLPs
  • Estates, trusts, & gifts (Form 1041)
  • Non-profit organizations (Form 990)
  • Divorce and support issues
  • Tax effects of buying/selling a business
  • E-file and rapid refunds
  • IRS and State audit representation
BUSINESS VALUATIONS

Whether you are thinking of buying/selling a business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide quantitative and qualitative information to assist you in making important strategic business decisions.

We perform independent business valuations for many business reasons, including:

  • Mergers, acquisitions and divestitures
  • Shareholder disputes
  • Impairment testing of intangible assets and goodwill
  • ESOPS (Employee share purchase and option plans)
  • Business succession/Buy-Sell Agreements
  • Matrimonial disputes
  • Insurance claims
  • Family Limited Partnership
INVESTIGATIVE AND FORENSIC ACCOUNTING SERVICES

Vu Forensics and Advisory, LLC tailors its services based on each client's needs. Our team of Certified Fraud Examiners and forensic accountants has the professional skills and training to discreetly conduct investigations, prepare detailed reports of our findings, and assist in trials. We provide comprehensive investigative and forensic accounting services, including:

  • Employee theft and embezzlement
  • Fraudulent financial reporting
  • Money laundering
  • Royalty audits (franchises and entertainment industries)
  • Due diligence investigations in mergers and acquisitions
  • Financial tracking and asset recovery to satisfy judgments and creditor's claims
  • Reconstruction of financial information from missing or destroyed data
  • Suspicious Activity Reports (SARS)
  • Medical and dental practices-billing and insurance claims issues
  • Tracing of hidden assets or nondisclosure of funds
  • Civil matters-partner's misuse of funds
  • Net Worth calculations
  • Kickback schemes
  • Bankruptcy fraud
  • Mortgage fraud
  • Abuse of travel and entertainment (T & E's) reimbursement to include personal items.
LITIGATION SUPPORT SERVICES

The Litigation Support Services of Vu Forensics & Advisory, LLC is well-equipped in providing expert services to clients and attorneys for issues ranging from contract breaches to underreporting of royalties in various industries.

Our skilled litigation group includes CPA's, Certified Fraud Examiners, and Accredited Business Valuation specialists. We also perform preliminary calculations of the impact of the litigation claims under various scenarios to assist in settlement negotiations and cost-benefit analysis. Although some cases never go to trial our analysis often increases your chance of a successful financial outcome in settlement discussions.

Our litigation support services include the following:

  • Arbitration/Mediation
  • Bankruptcy
  • Business Interruption Claims
  • Economic Damages
  • Matrimonial/Divorce Litigation Support
  • Employment and Lost Earnings Analysis
  • Underreporting of Royalties
  • Shareholder's Disputes
  • Tax Fraud
  • Other White Collar Crimes

Clients rely on our expertise through all phrases of litigation, including initial theory development, discovery, and testimony at trial. Call us if you need litigation consulting or expert witness testimony in the Washington, DC metropolitan area or nationwide.

Other Management Advisory Services
  • CSOX (Sarbanes-Oxley) and Section 404 Compliance.
  • Contract and Procurement Fraud
  • Business Process Reengineering
  • Incorporation Services