Lake & Associates, CPA’s, with two decades of productive client relationships, is firmly committed to building a long-term relationship with you. We invest the time to learn about your business and your industry. Our broad experience in serving businesses of all kinds, coupled with insightful knowledge of your company and marketplace, provide us with a unique perspective and a singular ability to deliver practical solutions that work.

We have well-rounded expertise in all federal, state and local tax laws. We keep abreast of technology issues to help you decide which information management opportunities may be appropriate for your operation. We provide our clients with impeccably proactive customer service.

As a CPA and consulting firm, Lake & Associates, CPA's offers a full menu of accounting services that gives you important information to use in managing your business. You can choose a single service or a complete package that best fits your needs. Our full range of services includes:

• Accounting system design and implementation • General ledger • Accounts payable, accounts receivable • Income tax planning and preparation • Bank statement reconciliation • Notary services • Budgets and other reports • Payroll processing, payroll taxes • Calculations of taxable employee benefits • Ratio analysis • Cash flow statements • Sales taxes • Depreciation and amortization schedules • Valuation and forensic services • Financial statements

Our Assurance Services provide you with a unique combination of accurate information and valuable insight that can improve your business strategy, information management, internal controls and more, all of which will have a measurable, positive effect on your profitability. Whether you need a full audit, a review or simply a compilation, we will provide you with information you can use.

Audit Services Using the latest in computer assisted audit techniques, we efficiently access information, identify trends and make comparisons that are not possible manually. Procedures are completed quickly with less disruption to your operations. Financial statements and other reports are prepared, reviewed and issued in a timely manner. Review Services We hold discussions with your company's management and conduct an analytical review of your financial results. In contrast to a formal audit, our report indicates limited assurance as to the appropriateness of the financial statements. Compilation Services We assist your accounting department in the preparation of your financial statements in accordance with professional standards. Unlike an audit or review, we express no opinion about the underlying information in the statements. Other Assurance Services: Preparing prospective financials (forecasts and projections); Reviewing organizational accounting controls; Assisting with feasibility studies; Analyzing financial statements with recomendations; Providing assurance on compliance with regulatory requirements; Preparing special reports on items in your financial statements; Performing HUD audits; Performing other attestation engagements.

Lake & Associates, CPA's provides a full range of comprehensive accounting and auditing services to public and private companies in a full spectrum of industries throughout the United States, Caribbean and global. One of our distinct specialities is SEC related services.

SEC Services Complete Audits Reviews with 10-Q's Full Disclosure Compilation Due Diligence SEC Guideline Evaluation Compliance We are registered with the Public Company Accounting Oversight Board (PCAOB), providing audits in accordance with SEC and the PCAOB regulations. Our experience with SEC regulations, requirements and protocol allows us to facilitate the initial SEC filings through the complex process of becoming an actively traded public company. Quality Control Per our own internal procedures, we conduct detailed reviews of all deliverables to consistently assure the highest standard of quality control. We also participate in thorough reviews by the PCAOB and SEC; the PCAOB least every 3 years, and every 3 years a Peer Review as part of our engagement in the SEC Practice Section.

Lake & Associates, CPA’s offers two credible mediums of accounting and application software for your business depending upon scale, preferences and requirements. As a Certified QuickBooks ProAdvisors, we are positioned to provide support for users of all QuickBooks products implementation assistance and access to the latest products and software updates. With Quickbooks, we offer optional direct electronic adjustments to your accounting database. Please ask for more information. We maintain a strategic affiliate relationship with one of the largest Sage Software dealers in the country. Lake & Associates, CPA’s is a direct conduit to Sage implementations, training and modifications as required to optimze your business accounting solutions.

The tax experts at Lake & Associates, CPA's understand that the best way to prepare your taxes is to plan in advance. Thus, we approach tax services from two distinct perspectives: Proactive tax preparation and filing to keep you in compliance with the law, and Working with you to provide innovative tax and financial planning alternatives that help you keep more of what you earn.

Preparation Services Our experts work with you to ensure that your returns are accurate and filed in a timely manner. We are registered to e-file electronic returns for quicker refunds and responsiveness. Tax Law Changes Through systematic participation in recurrent education, periodic tax law seminars and updates, we stay abreast of changes in tax regulations that may affect your compliance obligations. Advocacy Under a Power of Attorney agreement, Lake & Associates, CPA's tax professionals can be engaged to represent you before all levels of the IRS and state revenue agencies Federal Tax Planning - Our tax planning services extend far beyond determining how much tax is owed based on income. We work with you to answer such fundamental as "What's the best form of legal entity for my business based on my goals?". Or, personal financial issues such as "How retirement accounts can minimize your tax bill". Lake & Associates, CPA's work with you every step of the way.

Chicago: Lake & Associates, CPA's 1905 Wright Blvd Schaumburg, IL 60193 (847) 524-0800 (847) 524-1655 / fax Boca Raton: Lake & Associates, CPA's 20283 State Road #7 Suite 300 Boca Raton FL 33498 (561) 982-9874 (561) 982-7985 / fax Contact Email: