Services

ACCOUNTING, AUDITING, ASSURANCE

 

CW Associates provides accounting, auditing, and other assurance services to for-profit businesses and nonprofit organizations. The firm includes more than 40 professional audit personnel and other professional support. Our service approach is designed to ensure:

  • We are a readily available resource throughout the year.

  • We complete our work in a timely and efficient manner.

  • We continue our services in future years with substantially the same management staff.

We subscribe to and use numerous publications of the CCH and the Practitioners Publishing Corporation. These publications include programs and checklists designed specifically for use by practicing certified public accountants on accounting and auditing engagements in general and specialized industries. Our practice is to use these programs and checklists on each of our engagements, and to make them part of the documentation that supports our work. Because these publications are updated regularly and used by thousands of practicing certified public accountants across the country, they ensure we are providing our clients with the best and most up-to-date professional care and attention.

CW Associates is a member in good standing of the Private Companies Practice Section of the AICPA, as well as the AICPA Governmental Audit Quality Center, and the AICPA Employee Benefit Plan Audit Quality Center. These memberships provide us with technical support and education on the latest changes to accounting principles and auditory standards. They also require us to make public the results of our peer review. CW Associates and its predecessor firm received unmodified peer review reports without letters of comments in each of their peer reviews since inception in January 1989.

 

TAX SERVICES

 

CW Associates provides tax planning and compliance services for businesses and their owners, and for nonprofit entities. The firm includes more than 30 professionals dedicated to providing tax services. Our tax professionals work extensively with individuals and business owners, C corporations, S corporations, limited liability companies and limited liability partnerships, general and limited partnerships, nonprofit entities including those with for-profit subsidiaries, and trusts and estates. We are experienced in serving multi-state companies, and we regularly provide tax planning support. In addition, we have extensive experience in assisting nonprofit organizations on tax-related issues, such as unrelated business income.

Our tax professionals have also worked extensively in resolving audit issues with the Internal Revenue Service and State Office Hawaii Department of Taxation on Hawaii general excise tax and other tax issues unique to Hawaii.

 

GENERAL BUSINESS ADVISORY SERVICES

 

Our approach is to be a readily available and trusted financial adviser throughout the year for our clients. We seek frequent contact to encourage questions from our clients so we may resolve issues as they arise during the year, rather than waiting until after the end of the year. Our focus is on helping our clients comply with regulatory requirements and improving financial and operational performance.

 

PEER REVIEW SERVICES

 

In addition to providing assurance and tax services, we are qualified to perform peer review of other CPA firms. Hawaii CPA firms are now required to undergo a peer review if it provides assurance services in Hawaii. We are one of the first Hawaii firms to peer review other firms since 1995, and continue to do so to help enhance the quality of the CPA profession. Our peer reviewers undergo rigorous training and are certified by the AICPA to perform such reviews.