Most businesses are made up of different types of assets, and those assets get different treatment for tax purposes. How those items are identified at the time of the sale/purchase can have a signific…Read More
Risk Management for Businesses & Individuals
When it comes to your finances, less risk is better. We seek stability in our finances in order to predict our financial stance in the future. It’s powerful to know your financial stance, and it allows for more financial freedom, better investing, and further financial success. With Jarus & Co. we assess risks that surround your financial portfolio, and we strive to mitigate those risks. If you have investments in the stock market, for instance, we’ll strive to appropriately diversify your investments to ensure that financial collapse is less likely. We use financial tools, including financial accounting software, to analyze the current circumstance and forecast upcoming risks. We can monitor and mitigate credit risk, market risk, and more. If you’re curious about our risk management and accounting services, contact us today to have your inquiries fulfilled.
Businesses and individuals often endure specific credit risks. Individuals, for instance, may default on a loan if they fail to make a payment. Small businesses, for example, may be penalized if they fail to make good on loan payments or floating charges. Jarus & Co. can monitor these debts and loans and ensure that payments are foreseen and paid appropriately. Our CPA will notify you of any credit risks that may occur in the future.
Risk surrounds investments. Even fixed rate investments may be subject to risk if the investment endures adverse circumstances. It’s our goal as your accounting firm to assess the possibility of risk and weigh the benefits of risks and their potential rewards. It’s important to mitigate the risk of investing and maximize the rewards of investing to ensure that you achieve the greatest financial gains possible. Call on our CPA to gain market risk protection.