Strategic Financial Solutions
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SFS provides consulting to our customers related to social security benefits and how even the smallest change in status or form preparation can have significant impacts to benefits. We help our clients navigate potential issues regarding divorce or death of a spouse, benefits for children, receiving benefits prior to full retirement age, delaying past full retirement age, annual earnings test, etc.

SFS can offer a wide range of accounting services for your business. There is great value in having SFS involved in your bookkeeping throughout the year. We can see tax issues before they arise, better help you understand your accounting situation and effectively counsel you in business strategy and maximizing your profit.
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Deanna has over 25 years of experience in the development of individual and corporate tax strategies; preparation of individual, corporate and partnership income tax returns and the implementation of QuickBooks accounting software. Deanna began her public accounting career in the Lexington, KY office of PriceWaterhouseCoopers, PLLC and has also worked at Blue & Co, PLLC, Darling and Reynolds, PSC and Kinkead & Stilz, PLLC.
I spoke last month at a CFO Conference about Lean Accounting. After explaining the use of actual costs on a value stream income statement, we had a good discussion about whether a value stream income statement complies with the matching principle of financial accounting.

The purpose of a value stream income statement is to analyze current value stream costs compared to current value stream performance measures to determine root cause analysis of current costs.In the world of Lean Accounting, you will hear that a value stream income statement needs to show "actual material cost", and is typically defined as actual material purchased.
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