Audit, tax and advisory for small businesses and individuals.
The controls, reporting and valuation practices used by investment firms, applied at your scale. I'm a CPA based in Pleasantville, New York, and you work with me directly from the first conversation through final sign-off.
Who I Serve
Small businesses
Privately held companies, real estate partnerships, investment vehicles and family offices whose lenders, investors or partners need attestation services.
- Covenant and lender reporting
- Reporting to investors, partners and co-owners
- Refinancings, acquisitions and sales
Individuals
Individuals and families with investments, real estate and business interests held across several entities.
- Tax returns and planning
- Personal financial statements for banks and lenders
- Valuation of private holdings and illiquid investments
Audit & Assurance
Lenders and investors usually specify the level in the loan or operating agreement. Send me the requirement and I'll tell you which service fits.
| Service | What you receive | Assurance | Often requested by |
|---|---|---|---|
| AuditGAAS · AU-C | Testing of balances and transactions, focused on the areas of highest risk, with an opinion on whether the statements are fairly presented. | Reasonable | Investors and limited partners, larger lenders, prospective buyers |
| ReviewSSARS · AR-C 90 | Analytical procedures and inquiries of management, a signed representation letter, and a review report. | Limited | Commercial lenders with covenants, co-investors, private banks |
| CompilationSSARS · AR-C 80 | Financial statements with a compilation report from a CPA stating what was and wasn't done. | None, with report | Smaller loans, landlords, personal financial statements for lenders |
| PreparationSSARS · AR-C 70 | Financial statements prepared from your records, each page marked that no assurance is provided. No accountant's report. | None | Owners, family members and internal decisions |
Statements can be prepared under U.S. GAAP or a special purpose framework such as the income tax basis, when your lender or investors accept it. I do not audit SEC registrants or entities that require a firm registered with the PCAOB.
Tax
Returns and planning for individuals, families and the businesses they own.
Individual returns and planning
Federal and state returns for individuals with investment, partnership and income from multiple states, with planning throughout the year.
Business and partnership returns
Returns for partnerships, S corporations and LLCs, including K-1s for partners and investors.
Trust and estate returns
Fiduciary returns for trusts and estates, coordinated with your attorney and advisors.
Transaction planning
The tax effect of a sale, refinancing or new investment, worked out before you sign.
Advisory
For investment managers, family offices and business owners who need a senior finance perspective without hiring one full time.
Valuation
Fair value measurement of private companies and illiquid investments for financial reporting, investor reporting and planning.
Accounting and reporting services
Consolidated reporting across entities, investment accounts and trusts, so you can see everything you own in one place.
Outsourced controller and CFO support
Monthly close, investor reporting and audit readiness for family offices and emerging investment managers.
Manager due diligence
An operational and financial review of a fund manager's accounting, controls, administrator and valuation process before you commit capital.
What outsourced controller and CFO support includes
The finance function investment firms expect, set up and run for you.
- Close
- A monthly close calendar, with every account reconciled and reviewed.
- Controls
- A map of where errors or fraud could occur, and the control that catches each one.
- Reporting
- A reporting package with financial statements, commentary on what changed and a clear view of cash.
- Valuation
- A written policy for valuing illiquid and private holdings, applied the same way every period.
- Records
- Files kept ready for an audit, a lender review or a sale.
What to Expect
I handle the numbers so you can run your business.
Direct access
You work with the CPA who signs your report or return, from start to finish.
Less of your time
A secure client portal, e-signatures and current technology keep the engagement moving and ask as little of your time as possible.
Big firm standards
Big Four training and institutional experience, priced without a large firm's overhead.
From first conversation to final sign-off
Scope
We agree on what you need, the deadline and any requirements from your lender or investors.
Engagement letter
A written agreement sets out the service, responsibilities and fee before any work begins.
Records
You upload your records through a secure client portal rather than email.
Delivery
I do the work, resolve open questions with you, and deliver your report, return or analysis.
About
Dave Corcoran, CPA, CFA
I started my career in PwC's assurance practice. Since then I've spent the better part of fifteen years building finance and accounting functions at alternative asset managers. My approach starts with the risks that matter most. I build controls around them and bring reporting into one place people can rely on.
Along the way I've valued hundreds of illiquid assets and helped founders manage liquidity, vendor relationships and tax strategy. My job has always been to leave no doubt that the financials are accurate and reliable.
I started this firm to bring that standard to small businesses and individuals.
I live in Pleasantville with my wife and our four kids. When I'm not working, you'll usually find me at a ballfield or in my running shoes.
- License
- Certified Public AccountantNew York State Education Department
- Charter
- Chartered Financial AnalystCFA Institute
- Education
- Master of Science, AccountingUniversity at AlbanyBachelor of Arts, Political ScienceBinghamton University
- Based in
- Pleasantville, New York
Contact
Tell me what you need and when. Include the deadline and reporting requirement if you have it. I'll reply within one business day.
110 Bedford Road
Pleasantville, NY 10570
Attorneys, private bankers, lenders and tax focused advisory firms: I welcome referrals for clients who need audit or review work. Your relationships stay with you.