In business, it is important to have a setup books and records that can be relied upon to provide financial insight into the business. Bookkeeping is more than just paying bills, it is the managing of incoming and outgoing funds. Bookkeeping requires attention to detail and a strong sense of ethics. Our personnel understands the importance of record keeping and the principals of accounting. We work with you to maintain the business records and provide analysis to allow you, the business owner, to manage the operations and continue to grow your business.
Connect with our Accounting Experts
Questions in regards to accounting? Our dynamic team of experts are here to help. Contact us today to schedule an appointment.
Why Choose KROST?
Here at KROST, we understand your business and the challenges you face in the current landscape. That is why we use a combination of strong teamwork, communication, technology and professional skill to help you with all your accounting needs.
Why We Do What We Do
We do what we do because we understand that businesses have needs that can be difficult to meet with internal resources and expertise and that this often requires advice and guidance from trusted external sources.
How We Do What We Do
We pride ourselves on maintaining close client connections, being proactive on client needs and fostering and developing talented professionals who take pride in being a trusted resource and in providing high-quality service. We place a strong emphasis on fostering a long-term relationship with owners and all levels of management.
These days, anybody who sells goods or provides services to somebody outside of their home state should ask themselves, “Do I need to collect sales tax?” The correct answer is always, “Good question!” However, the best way to get a useful answer is to start with a concept closely related to sales tax, namely “use … Read More
This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Accounting For PPP Loans and Forgiveness” by Keith Hamasaki, CPA. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed by President Trump to help keep small businesses afloat amid the mandated COVID-19 related closures. The CARES … Read More
It’s been quite a year for us all. I hope you are safe and well, as we continue to face one of the most challenging times in recent history. I wanted to reach out to notify you of some new and recent changes for our firm. First, we have moved three of our main offices … Read More
The Novel Coronavirus has had a huge impact all over the world. People in quarantine are forced to stay home, many kids are now homeschooled, and businesses are closed. To help Americans get through this crisis, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into effect on March 27, 2020. The … Read More
As of Friday, March 13, 2020, President Trump declared a national emergency to combat the Coronavirus (COVID-19). Businesses across the nation may be suffering dramatic losses due to the unprecedented response to the virus. Health officials are recommending social distancing guidelines, and travel has severely decreased, among other restrictions, which has caused business to slow … Read More
Pasadena/Woodland Hills, CA. – KROST CPAs and Consultants, a firm based out of Los Angeles, has merged in BPE&H out of Woodland Hills effective January 1, 2020. Seven principals will join the leadership team at KROST, including Scott Eisner, Martin Belak-Berger, Bob Price, Phil D’Amico, Scott Gilmore; and founding BPE&H principals Jerry Block and Jane … Read More
We are happy to announce the release of our newest quarterly magazine! The Sports & Entertainment Issue highlights some of the hot topics pertaining to sports & entertainment professionals such as tax issues for athletes, Loan-Out Corporations, Qualified Business Income Deduction, and more. What You’ll Find Inside this Issue: Game-Changing Tax Matters for Athletes By … Read More
Accounting Director Stacey R. Korman, CPA, MST recently published an article for our newest KROST Quarterly Magazine: The Financial Services Issue titled “Outsourcing Accounting for Family Offices”. The existence of the Family Office structure dates back millennia to the Roman Empire, where wealthy households utilized an administrator referred to as the major domus, or Head … Read More
Our Accounting Director, Stacey R. Korman, CPA, MST, recently earned a certificate in AICPA’s Client Accounting Advisory Services course. We had the chance to sit down with Stacey to hear her experience. Q: What is Client Accounting and Advisory Services (CAAS)? Client Accounting and Advisory Services (CAAS) is a certificate program that has been developed … Read More
KROST Quarterly: Manufacturing Issue Now Available – Cybersecurity, Tax Incentives, Transactions, Trends and More
We are happy to announce the release of our second quarterly magazine! The Manufacturing Issue highlights some of the hot topics in manufacturing including cybersecurity, tax benefits and incentives, technological advances in manufacturing, and trends. What You’ll Find Inside this Issue: Manufacturers Beware: The Continued Threat of Cybersecurity Breaches, Hacking & Malware by Keith Hamasaki, CPA … Read More