A cash crisis can azran financial be emotionally devastating and it can even kill your business. If you’ve ever had to beg, borrow and steal to cover tomorrows payroll you know what I mean. An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period. As a small business owner you have more important things to do than to keep your own books.
Joshua left to move to Goldman Sachs and finally into owning an apparel manufacturing company before bringing his experience to serve clients. In addition to heading Maginam, Joshua also concurrently taught financial modeling and valuations to investment bankers and management consultants for the Wall Street Training Firm, The Analyst Exchange, for companies ranging from Morgan Stanley to DLC. Following college, Joshua was recruited into Johnson & Johnson’s (J&J) prestigious Financial Leadership Development Program (FLDP), where he served roles in internal audit and corporate finance.
We can assist you in the preparation of your financial statements while maintaining professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions. Azran Financial APC’s Certified Public Accountants (CPA) & Advisors Los Angeles Office provides services to domestic and international clients looking for greater Los Angeles CPA, Silicon Beach CPA and Orange County CPA. Our Los Angeles CPA office is full-service, providing a wide variety of Accounting, Audit, Tax, and Consulting services to our business and individual clients. Joshua holds a Bachelor of Science with a dual major in Economics and Finance from Fairleigh Dickinson University in Madison, New Jersey. Following college, Joshua was recruited into Johnson & Johnson’s (J&J) prestigious Financial Leadership Development Program (FLDP), serving roles in both internal audit and corporate finance.
Employees at Azran Financial
- I highly recommend Azran Financial for any basic or complex accounting needs you or your company may have.
- Very often companies not only need but benefit financially from engaging professional help from qualified R&D Tax Credit experts to determine if their projects constitute ‘Qualified Research’ in the context of the credit requirements.
- The federal R&D Tax Credit can be carried back one year and forward for up to twenty years to applied at any point where the business may have tax owed.
- These tasks form the solid foundation of your small business accounting system.
Joshua Azran is a nationally recognized CPA and financial strategist specializing in advanced tax planning, business structuring, and financial optimization for high-net-worth individuals and business owners. With decades of experience and multiple professional certifications, Joshua is at the forefront of innovative financial solutions. Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company’s day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan. At Azran Financial, our team of professionals brings cutting-edge solutions that are tried and true to your business. We leverage our expertise to focus on your organization’s operations from start to end tackling all business areas from finance to sales and even marketing.
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Even the most qualified managers can benefit from competent, objective feedback. We can help your company’s management team to develop long-term objectives and specific strategies to facilitate your business’ future growth and success. The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks. Many of our clients are responsible for collecting and submitting sales taxes in their home state as well as other states in which they operate. In this case, we can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
Pre-Transaction Evaluation & Planning
We can help you develop both short-term (weekly, monthly) cash flow projections to help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs. A wise CFO of a large corporation once told a young financial analyst “Cash is King”. There are many activities and expenses that may be eligible for an R&D Tax Credit! At Azran Financial, we have partnered with Endicies Advisory, one of the top R&D Tax Credit firms nationwide, to offer our clients an unparalleled level of expertise and specialization in R&D Tax Credits. A balance sheet gives you a snapshot of your business’ financial condition at a specific moment in time. Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.
- When I didn’t have a CFO, he was our interim CFO, when I started investing personally in Cryptocurrencies, he had my back.
- Over recent years, North American companies have been one of the leading lights of the business domain.
- We also prepare historical cash flow statements to help you gain an understanding about where all the money went.
- Our Certified Public Accountants and Certified Management Accountants provide a wide range of services to allow you to concentrate on doing what you do best.
- Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success.
Strategic Consulting
If you’re fortunate enough to be in this position, then we have the perfect solution for you. Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success. As a CPA with credentials including ABV, CFF, CMA, CGMA, and CFE, Joshua has an unparalleled ability to address complex financial challenges. His strategic approach ensures that clients achieve their financial goals while staying ahead of regulatory changes. After working with two CPAs in Los Angeles who were completely upselling their services and not concerned about actually fulfilling them, it has been a pleasure to work with Josh Azran. He is truly dedicated to his clients, and his staff in both his century city and calabasas offices are extremely professional.
Joshua has a strong reputation for “going the extra mile”, in order to achieve 100% client satisfaction through the creation of high-trust, high-impact relationships with clients. Maginam provided Startup CFO services to various tech startups & entertainment companies during this time. In addition to Azran Financial, Joshua was a lecturer in the College of Business Administration at Loyola Marymount University in Los Angeles, where he developed & taught the Business Institutions class required for all business majors. He also spends time serving on the boards of several charitable and professional organizations. Joshua also frequently lectures on topics including but not limited to personal and small business finance & tax planning, startup accounting, startup taxation, business valuation, & strategic planning.
We take care of your books for you, so you can get back to the job of running your business and generating profits. With Los Angeles offices in West Hollywood and Encino, Azran Financial can assist you or your firm from entity formation through exit via liquidity event. Cutting-edge technology, best-in-class processes, and key strategic partnerships allow us and our clients to be more efficient and effective.
I am forever grateful for this considering how trustworthy the team was in handling my accounting. From an income tax perspective, the IRS is very flexible in allowing you to choose an accounting method. According to its rules, you may use any method as long as it clearly reflects income and expenses and you treat all items of income and expenses in the same manner from year to year.
