MANAGEMENT INFORMATION

T.R. Klein & Company can design and assist in the installation of accounting systems to fit the needs of a particular business. We also analyze and review existing accounting systems and make recommendations to improve their controls and efficiency.

BOOKKEEPING AND OTHER SERVICES

T.R. Klein & Company can assist a client, business or individual seeking credit. We know how to supply the information a bank or other lender wants when a loan or line of credit is requested.

We also offer a complete bookkeeping, financial reporting and tax service to small businesses that find it less expensive to have us perform these services than to employ a full-time bookkeeper or controller.

HEALTH & WELFARE ORGANIZATIONS

Ask Our Clients

Our voluntary Health and Welfare Organizations include, but are not limited to....

• At Jacobs Well, Inc.
• Grassroots, Inc.
• Full Citizenship of Maryland, Inc.
• MARFY
• Baltimore Development Corp.
• Emerging Technology Center
• First Step
• The Loading Dock, Inc. 
• Hearing & Speech Agency
• MANSEF
• Forward Visions, Inc.
• Chesapeake Foundation for Human Development
• TransCen, Inc.
• Community Law Center

Services include: financial statement preparation such as audits, review or compilation, income tax planning and compliance, review of internal accounting controls, special planning, management advisory service, and attendance at Board of Director's meetings as needed.

AUDITS OF FINANCIAL STATEMENTS

An audit is the highest level of service provided. Auditing includes confirming, inspecting and observing clients' transactions. The ultimate product is: Financial Statements in Accordance with Generally Accepted Accounting Principles, and in certain cases in Accordance with Generally Accepted Government Audit Standards, and other cases the Single Audit Act of 1984 and recommendations for improving the system of internal accounting controls and other reports as required by funding sources.

PREPARATION OF FEDERAL INCOME TAX RETURNS

Generally, the preparation of income tax returns is a straight forward procedure. In the non-profit arena, the Internal Revenue Service has increased its efforts. Unrelated business income is a critical issue and keeping an Organization's income "tax exempt" is of utmost importance.