Penny & Associates Inc. is a leading edge accounting & management firm that offers flexible accounting and business solutions to help your company maintain that competitive edge. We believe that the foundation of any successful business relies on the three core elements being accounting, management and sales.
Businesses today, must have the ability to have instant access to their financial information. This Just-In- Time reporting is necessary to be able to make decisions quickly and is critical to having that competitive advantage.
At Penny & Associates, we are a team of senior level accountants with management and consulting experience who pool our talents and resources together to design an effective plan that best suits a clients needs.
Whether your company is in need of help in developing a sound accounting department or would like assistance in outsourcing a part or all of it, we believe that we can be your transparent business partner in offering you services that allow you peace of mind.
A sampling of our flexible solutions are: Providing subsidiary accounting office infrastructure for out of country companies, by managing the financial operations by providing monthly reporting, cash flow management, accounts payable, accounts receivable, payroll, government compliance and other management issues. Our state of the art computer system allows clients to have access to their information via email and other secured access.
Cost effective outsourcing accounting services from low to high end to provide financial management for non-profit organizations who have to maintain the same accounting budget line year after year.
Providing part-time controllers to prepare financial statements, cash flow management, credit negotiations and give financial management advice or oversee accounting staff. Giving absentee business owners a reprieve who want financial management of their operations while on holidays, illnesses, leave of absence or other. Assistance in preparation of financial reports, reconciliation of inter company accounts, foreign currency transactions, investment trades and auditor working paper files and assistance in developing accounting policies and procedures.