Accountants and Business Advisors

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Our Services for Businesses

At Kern and Company, we act as advisors to our business clients. Our service capabilities provide a working platform that facilitates the pursuit of business goals and objectives. We have a long history of helping clients to succeed—through the end of 2019, Kern and Company conducted 95 business valuations and 110 forensic accounting cases.
 

To view and download brief descriptions of our business valuation and forensic accounting projects:

Business Valuation

Deriving the value of a business for purchase or sale, adding shareholders, litigation, succession planning, financing arrangements, estate and gift planning, and charitable contributions. 

Bonus Structures, Gain Sharing, Profit Sharing, and Commission Program

Designing for the most appropriate measure(s) of success and structure to capture relevant data. 

Litigation Support Consulting

Assisting attorneys in analyzing claims, financial damages and developing strategies. 

Performance Based Compensation Systems

Designing compensation systems that assure the congruence of individual employee goals with overall corporate goals. 

Expert Witness Services

Witnesses recognized by the court to render opinions as to accounting and financial matters.

Cost Cutting for Budgeting 

Determining the optimum measure of fixed and variable overhead allocation and correlating that with direct costs to best assign costs to assure break-even and maximizing the marginal contribution to fixed costs and profit.

Fraud Prevention and Detection

Detecting the existence and amount of fraud and making suggestions as ti how to minimize the risk thereof.

Strategic Planning

Determining a vision and strategy along with identifying projects to help achieve business goals.

Internal Design and Review

Designing controls to minimize the risk of errors and misappropriation.

Capital Budgeting

Using financial models to identify the most profitable choices among various pieces of equipment and/or systems being considered. 

Internal Management and Reporting Systems

Systems designed for use in managing the operations of a business, as opposed to external financial reporting.

Cost Accounting Systems

Systems designed to measure costs to provide services and to manufacture products, whether using process costing or job costing. 

Performance Measurements

Assuring that performance measurements are congruent with overall goals of management and owners.

Cash Flow Improvements

Identifying the inhibitors of good cash flow and recommending the corrective actions and the reporting thereon. 

Credit and Collection Policies and Procedures

Developing procedures for retail, wholesale, manufacturing, and service organizations.

Organization Policy and Procedures

Differentiating between a business’s formal organizations, informal organization, giving recognition to concept found in industrial psychology and industrial sociology. 

Business Succession Planning

Methods to help a company grow over time with multiple generations of management and ownership.

Family Business Planning

Business succession planning with the additional complication of the emotional ties of the family.

Business Continuity Planning

Surviving or getting a business “back on its feet” after natural disasters, man made casualties, and bankruptcy reorganization.

Product/Services Pricing Analysis

How to determine the cost and required markups to reach corporate goals for return on investment within the confines of the market place.

Financing and Raising Capital

Choosing among alternatives and/or combinations thereof to raise capital from among borrowing (short and long term), investors, and/or government programs. 

Asset Cost Segregation

Analysis of building costs to identify deemed building components that might well constitute equipment and be, therefore subject to faster depreciation and amortization for tax purposes. 

Job Costing System

Determining how to capture costs to facilitate accurate profit measurements.

Project Cost Estimating Systems

How to identify cost components, estimate costs, and the profitability of projects. 

Forms of Business Alternatives

Selecting and/or changing to the form of business entity that best maximizes costs and the profitability of projects.

Corporate Restructuring

Determining was to restructure a business, or a group thereof, to increase profit through tools like spin-offs, split-ups, and/or consolidation. 

Management Company Design

Constructing a management company where common ownership exists in several companies and the common ownership has management and operational roles to play in one or more of the subject companies, with the goal of tax optimization. 

Mergers and Acquisitions

Choosing the appropriate structure for mergers, acquisitions, and/or spin-offs or split-ups, relative to short and long term corporate owner goals.

Speakers Bureau

Kern and Company business specialists are ready to speak with your organization about any of our listed service capabilities.