As audits continually become more challenging and complicated, having seasoned personnel handling your audit is essential. At LEBANON based FARAH AUDIT FIRM, we have a highly experienced management team and excellent employee retention, which means we understand your business, your needs and your expectations, year after year. In order to provide continuity, we strive to have our auditors work on your engagement for more than one year.

We pride ourselves on constantly working to identify ways to improve efficiencies in your operations and procedures, and delivering timely service to meet your audit requirement needs.

Finally, when you work with us, you'll discover our staffs and teams are more than just a name on the door. They are very involved with the planning and performance of our assurance engagements and often on site while audits are being conducted. We believe this high level of service from our experienced staffs is a result of our unique approach.

Audit and Assurance services include:

• Audits
• Reviews
• Compilations
• Agreed-upon procedures

Keeping up with business trends, tax law, state requirements and new technology can be difficult. In today's competitive global environment, executives are constantly searching for more efficient ways to manage their business and add value to its future. Consulting services are about one thing – experience. In an ever-changing economy, your business deserves a multi-faceted, knowledgeable and experienced team of advisors who treat your business like their own. Like the team you'll find at FARAH AUDIT FIRM. We offer individual attention, and solutions, to the unique complexities of each client. Our approach is based solely on the framework of your business, not generalizations or a cookie-cutter mentality. Our reputation is built on the commitment and personal attention we offer through professional business practices. Our experience ensures a value-added outcome for both our clients and our firm.

Our Consulting Services include:

• Tax consulting
• Internal controls
• Buyer or seller due diligence
• Start-up entity selection

At FARAH AUDIT FIRM, in LEBANON, we believe tax preparation begins long before we start working on the actual tax return. Our goal is to personally review your tax situation and offer ideas for tax planning and financial savings, throughout the year.
To that end, we work with you every step of the way to make sure your tax preparation needs, whether they are personal or business, are met. Organizing, understanding and completing your taxes – whether you are a small business in LEBANON, a publicly owned company or a not-for-profit organization – can be a daunting task. With our tax preparation expertise, however, it doesn't have to be. We offer expert and value-added advice to simplify tax planning & preparation and deliver results that eliminate the headaches.
As we've expanded beyond LEBANON with a growing number of national clients, our ability to serve client needs has evolved. One way is our membership in LACPA, which provides us with a forum to share technical expertise and a network to serve clients in LEBANON, nationally and internationally.

Our Tax department services include:

• Tax planning & preparation
• Tax return preparation for all types of entities
• High income and high net worth consulting and tax preparation
• Estate and Gift Tax planning & preparation
• Financial planning & preparation
• Executive compensation
• Retirement planning
• Employee benefits

Industry expertise including:

• Real Estate and Construction Services
• Mergers, acquisitions and other reorganizations
• Multi-state tax planning and preparation
• State and local sales and use tax
• Audit representation before taxing agencies
• Tax credit planning and utilization

When accounting, tax or business management issues are involved in litigation, it is imperative that these issues be presented clearly, persuasively and accurately. At FARAH AUDIT FIRM, we work closely with attorneys to provide consultation, advice, and expert services regarding the financial and accounting/auditing issues surrounding the case, as well as damage calculations.
Valuations lie at the center of most corporate transactions – from mergers and acquisitions, stock repurchases, and estate and gift tax planning. As the complexity of these transactions increase, the need for a multi-dimensional valuation professional is critical in assisting with the determination of your business's value. We strive to provide our clients with precise valuation assistance that gives them the essential information they need to make the right decisions, right away.

Litigation Support and Business Valuation services include:

• Forensic Accounting services, including fraud investigation
• Quantification of damages
• Construction claims
• Matrimonial disputes
• Franchise Disputes
• Mergers and Acquisitions
• Estate and Gift Tax Planning
• Buy/sell agreements
• Purchase and/or the sale of a business
• Shareholder and partnership disputes
• Estate settlements

Valuations lie at the center of most corporate transactions – from mergers and acquisitions, stock repurchases, and estate and gift tax planning. As the complexity of these transactions increase, the need for a multi-dimensional valuation professional is critical in assisting with the determination of your business's value. We strive to provide our clients with precise valuation assistance that gives them the essential information they need to make the right decisions, right away.

Litigation Support and Business Valuation services include:

• Forensic Accounting services, including fraud investigation
• Quantification of damages
• Construction claims
• Matrimonial disputes
• Franchise Disputes
• Mergers and Acquisitions
• Estate and Gift Tax Planning
• Buy/sell agreements
• Purchase and/or the sale of a business
• Shareholder and partnership disputes
• Estate settlements

To succeed in business requires detailed financial analysis, based on your business records and transactions. Complete financial records are essential to the longevity and worth of your business and its financial future, and accurate bookkeeping is critical to managing and growing a business. Without it, you run the risk of hitting cash flow crunches, wasting money and missing out on opportunities to expand.
Many companies try to cut corners by relying on inexperienced personnel and accounting shortcuts. At LEBANON based FARAH AUDIT FIRM, however, we believe some bookkeeping functions are best handled by experienced accountants. That's why we offer such a wide variety of services, including assistance with bookkeeping, payroll and sales tax, establishing accounting systems and internal controls, and various financial projects, as well as providing part-time controller or chief financial officer services and other on-site accounting support.
Remember, while it is important for you to retain a thorough knowledge of your finances, working with an experienced accountant can free you up to focus on growth and development.

Services available from our Accounting Services Department can help you with:

• Improved quality and timeliness of financial information
• Improved management and financial decision-making abilities
• Minimized exposure from accounting personnel turnover
• Achievement of greater efficiencies by involving an outside expert
• Access to specialized expertise as needed
• Improved responsiveness through use of an outside source to handle specific functions
• Increased organizational flexibility
• QuickBooks consulting

The real estate industry revolves around dynamic entity choices, and changing market and tax reporting issues. To be successful, it is critical to understand the sensitivity to outside market conditions and fluctuations.
At FARAH AUDIT FIRM, we understand the unique diversity of this market and have experience working with new home builders, commercial construction companies, residential and commercial specialty subcontractors, land developers, and commercial management and sales companies in LEBANON. Our real estate and construction specialists have extensive experience and have developed skills in structuring entities and dealing with ongoing tax planning issues.

Real Estate and Construction services include:

• Tax preparation and planning
• Like-kind exchanges
• Transactions planning and consulting
• Entity and accounting method selection
• Land banking
• Conservation easements
• Audits and reviews of financial statements
• Cost certifications
• Accounting and bookkeeping services
• Succession planning

Financial institutions face many challenges in today's world including regulatory pressure, financial performance, shareholder value, and fierce competition to keep good customers. At FARAH AUDIT FIRM, we are committed to providing strategic solutions for community banks. Our financial institutions group continually improves their knowledge and skills in this industry to provide you with exceptional tax, consulting, audit and assurance services.
When you work with us, you'll discover our staffs are more than just a name on the door. They are very involved with the planning and performance of our engagements. You will receive a high level of service as a result of our unique approach – experienced staff, continuity of staff, and team involvement. We will come alongside you and help you position yourself for future success.

Our banking services include:

• Audits of financial statements and holding companies
• Directors' examinations
• Trust department examinations
• Preparation of state income tax returns
• Income tax planning
• Internal audit services