VaughnCPA, a CPA and Business Advisory Firm

Founded in 1976, Jim and Shirley Vaughn had a passion to build a powerhouse CPA and Business Advisory firm with a passion for quality; service to clients; and innovative methods.  The result became VaughnCPA.  Working hard to develop VaughnCPA into a powerhouse and innovative CPA firm was not been easy, and will never be finished as long as business and financial visionaries exist.  

More than just a compliance firm, we especially enjoy sharing your visions for everything from retirement planning to strategic business advice. Our powerhouse should include you!

Financial services we offer:

  • Chief Financial Officer (CFO) Outsourcing
  • Tax preparation and Tax planning
  • Attest Services, including audits, reviews and compilations (Financial Statements)
  • Business Advisory, Planning, Consulting and Coaching
  • Individual Wealth Review Services
  • Not for Profit Services, including audits, bookkeeping and governance issues
  • Trusts and Estates: Planning and Accounting
  • Bookkeeping and Accounting
  • IT Planning, and innovation

What makes us the CPA and Business Advisory firm that you should choose for your “Trusted Adviser”?

  • Solutions, Solutions, Solutions! We are Solution oriented. Whether a pesky business problem or a tricky tax question, we find the solution that both resolves the problem and keeps you legal. There are a maze of laws, regulations, and problems; we have the endurance to keep at it until we find a solution. This is reason one to choose us as your Trusted Advisor.
  • Caring…we care about your financial and business well being. We care enough that sometimes we have to say NO for your own well being. Caring also means listening, so we get both the facts and the emotions involved in your situation. The human factor cannot be replaced by the tools we use. So, another reason to choose us as your Trusted Advisor.
  • We convey things to you in an understandable way so you can make educated decisions for your company growth  and well-being. We embrace your vision and passion as our own, so we can identify with your problems and successes. This is something only a Trusted Advisor can really do for you.

CFO As A Service

We offer a compete CFO Service which may include the compete responsibility for your accounting functions and departments. This includes most of the mechanical parts of recording the daily transactions, reconciling banks, receivables, payables and other accounts; creating and presenting strategic and analytical reports; and providing both a sounding board and valuable advice. Many smaller businesses cannot devote the resources to a full time CFO but still need the services. Outsourcing these duties to VaughnCPA may be an affordable way to accomplish the goal.

Tax Preparation and Planning

Northern Colorado CPA FirmOur experienced personnel have been preparing tax returns for many years as a tax and CPA firm. The business and the laws have changed, but the judgment required to accurately prepare and plan only improves with experience. Every year, we prepare more than 1000 individual, corporate, partnership, and business tax returns. Business planning and consulting and coaching go hand in hand with proper tax accounting and tax preparation.

If you have been selected for a tax audit, we can assist you to be ready for your appointment or represent you, if necessary. When your tax accounting records need to be squeaky clean, we can help. Tax audits may be intimidating and emotional.

Financial Statements, Attest and special services

Our CPA firm performs audits, reviews and other assurance services. These services carry that extra measure of assurance that reports of Certified Public Accountants (CPA’s) have always provided. Accurate accounting records are the foundation for all financial statements, which should be prepared under generally accepted accounting principles. These statements are critical for business planning and consulting, and other financial decisions.

Audited or Reviewed Financials or Compiled statements may be required by your bank for funding and working capital, or by your insurance company for bonding. There are also a host of regulatory agencies with financial statement requirements. Construction contractors may have special requirements for presentation of financial statements with contracts in progress calculations.

Accurate accounting is the foundation for all financial information; a service we provide. Business planning and consulting begins with proper statements prepared using generally accepted accounting principles, and that may mean audited or reviewed financial statements. If you are considering purchasing a business, you will want the assurance that such statements provide.

Business Advisory, Planning, Consulting and Coaching

What are your business goals and how close are you to achieving them? Why do you need a consultant? Our firm asks these questions early in the process. If your activities are not meeting your goals, let’s focus on where  problems may exist. No matter what size business you have; how much money you gross or net; a moderate review may reveal some underlying problems that have been overlooked because you have the day to day operations, sales, collections, bills, etc. to complete. A step back is the first step of our approach to business consulting. Call VaughnCPA to help find what needs to be fixed in your company.

Individual Financial Consulting / Wealth Management

Individual Financial Consulting takes effort. While we all realize that we need to do the planning, we rarely sit down and actually PLAN TO PLAN. The financial consulting offered by an outside firm, becomes a great help. Monthly scheduled meetings at neutral places, “homework” assignments and discussions on specific problem areas will become meetings to look forward to rather than a chore to be avoided. The outside influence keeps you on track and moving in the right direction.

Non-Profit Accounting / Tax / Compliance

Organizing and operating a nonprofit corporation, or serving on the board of your favorite activity may seem a simple thing. You have a mission and a passion. These, along with a lot of hard work, may make your organization a huge success. There are some guidelines to follow and our CPA firm, will guide you through rules and regulations and give you practical advice about Non-profit accounting best practices.

One of the instructions given by the IRS and most States to nonprofit organizations is that they follow guidelines to insure that the organization is governed properly (good governance). Your bylaws should state these rules and how to use them. If they do not, then it is time for a bylaws committee to revise them to be in line with “best practices”.

Trust and Estate Tax, planning and accounting

Trusts and estates have unique tax and accounting issues that must be addressed each year, and in fact with each transaction. Grantors must be rewarded fairly; at the same time the interests of the beneficiaries are important. Proper trust accounting for these transactions, for distributions, and for remainder charitable distributions insure that the grantor wishes are honored, while all of the beneficiaries have their rights protected. Accounting for the taxes of these types of entities requires special knowledge for classifications. We have been in this arena a long time and enjoy our work with trusts. If you are a trustee for a trust, or an attorney setting one up, talk to us about our trust accounting and tax services.