BMA is a full-service accounting and financial consulting firm that has served the financial needs of individuals and small and mid-sized companies in the Ventura County area since 1981. Along with our wide range of accounting services, what sets BMA apart is our people. Our seasoned professionals take a vested interest in your success.
Because BMA is a small firm, we're able to design customized solutions and provide friendly service that reflects the pride we take in our work. We are committed to providing close, personal attention to our clients. Fundamental to managing your business is an accounting system that accurately records your transactions and produces reliable financial statements.
Because BMA is a small firm, we're able to design customized solutions and provide friendly service that reflects the pride we take in our work. We are committed to providing close, personal attention to our clients. Fundamental to managing your business is an accounting system that accurately records your transactions and produces reliable financial statements.
Services
Business owners often need help interpreting their financial statements. They have questions like, "I see I made a profit, but where did all the cash go?" or "How do my financial results compare with others in my industry?" Many small businesses use QuickBooks (QB) to keep track of their accounting and financial activity.
The two most senior credentials for business appraisers - and the most difficult to obtain - are Accredited Senior Appraiser (ASA), awarded by the American Society of Appraisers, and Certified Business Appraiser (CBA), awarded by the Institute of Business Appraisers. Stephen D. McMorrow, the partner in charge of all appraisal work at BMA, holds both credentials as well as being a CPA.
At BMA, we perform the following steps to arrive at our conclusion of value for your business or business interest. Determine the parameters of the engagement, provide a fee estimate, and obtain an engagement agreement. Evaluate economic and industry conditions affecting the business as of the appraisal date.
There is a saying that you can't be sure of anything except for death and taxes. Unfortunately, sometimes they both come at the same time. When someone dies with an estate over certain limits, they must file an estate tax return, known as Form 706. If the deceased owned a business, business interest or interest in an asset-holding company (see below), the Form 706 must include an appraisal report showing the value of those assets.
BMA assists with litigation matters by helping assess the valuation issues of the case. BMA can also draft questions to ask the opposing expert (or the principals) regarding the valuation issues, review the business valuation report prepared by another expert, or rebut testimony regarding the opinions and comments of opposing experts concerning the value of the business interest.
Reviews
Be the first to review Bratton McMorrow & Kearney Cpas.
Write a Review
