Quarterly Analysis and Review

The Quarterly Analysis and Review service level is similar to the corresponding Monthly Accounting Services level except, of course, it is provided only quarterly. Quarterly is the minimum frequency that JWTCO services should be provided. For our smaller clients this is the frequency with which payroll taxes must be reconciled and reported and, for our larger clients this is the frequency of the SEC 10Q reporting requirements. JWTCO prepares the payroll taxes for most of our clients and GAAP quarterly financial statements and workpapers for auditor review for our SEC reporting clients.

Our familiarity with SEC reporting requirements and our relationship with AICPA SEC reporting section auditors enables us to facilitate the registration of our emerging growth clients, helping them maintain compliant accounting records on a timely basis. This assures timely SEC reporting and avoids last minute filing extensions and missed deadlines. Even more importantly, in the wake of the more recent investor confidence crisis and auditor independence issues, JWTCO involvement helps our client auditors maintain a desirable and comfortable level of independence.

Often, if the business is not especially fast-growing, the quarterly service level is the level at which the JWTCO/client relationship stabilizes. Most quarterly review clients start at a monthly service level, continuing at that level until internal staff skills and reporting procedures developed at the monthly service level can be reconciled to provide reliable monitoring of the critical metrics. Conversion from the monthly to quarterly service level is usually progressive, assuring JWTCO maintains a familiarity with the clients operations and ambitions and can stay available for the many other periodic services we can offer.