Ravencroft Accounting, Ltd. is a full-service accounting firm that was founded 20 years ago by Tim Ravencroft in 1989. Tim received his CPA license in 1982 and worked 2 years for an 80 person mid-size CPA firm and then 5 years for a very large Chicago CPA firm. His experience with a variety of business industries equipped him to be versatile in handling the variety of businesses he works with today.
I wanted to create an accounting firm that provided timely and helpful financial information to businesses, but I also wanted to be involved on a personal level with the business owners, to be their trusted business partner. I didn't want to be just another accounting firm. I wanted to be an integral part of helping people and their business to succeed.
I wanted to create an accounting firm that provided timely and helpful financial information to businesses, but I also wanted to be involved on a personal level with the business owners, to be their trusted business partner. I didn't want to be just another accounting firm. I wanted to be an integral part of helping people and their business to succeed.
Services
Ravencroft Accounting, Ltd. is a full service accounting firm. We provide the highest level of accounting and tax services to small and large businesses, as well as quality tax services for individuals. We have been providing this personal and superior service since 1989. Our main goal is to help you successfully manage your business.
You need superior and helpful accounting services so you can successfully manage your business. A trusting and comfortable relationship with a CPA is a very beneficial asset. Think of us as your partner, your team player, one who provides personal and concerted attention to you and your business. Perhaps you are looking for more from your CPA.
You are in business to make money. We are in business to help you succeed. Whether you are an established company or just starting out, you will no doubt have questions. Let us help you with issues such as how to deduct Business Expenses, understanding your monthly financial reports and better manage Quickbooks.
We provide your business with a Monthly Financial Statement WITHIN THREE BUSINESS DAYS. We understand that you need this information and that financial information is worthwhile only if it is TIMELY. Our TOP PRIORITY, while remaining thorough and accurate, is getting your financial statements back to you.
To be deductible, a business expense must be BOTH ordinary and necessary. An ORDINARY expense is one that is common and accepted in your industry. A NECESSARY expense is one that is helpful and appropriate for your trade or business. It is important to distinguish business expenses from Cost of Goods Sold, Capital Expenses and Personal Expenses.
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