New Filing Requirements for 403(b) Plans
Beginning with the 2009 Form 5500 filings, employee benefit plans under section 403(b) of the Internal Revenue Code that are sponsored by charitable organizations will be subject to the same reporting and audit requirements that currently exist for 401(k) plans.
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FAS 157 implementation
Employee benefit plans are now required to implement new accounting rules for valuing and reporting the fair value of their investments in the plan's financial statements Under FAS 157.
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Sarbanes 404 deadline extended
On Oct. 2, the SEC announced an extension of SOX 404(b) for non-accelerated filers for six months to June 15, 2010.
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Audley Porter a Partner with BAS was appointed to the Palm Beach School Board Audit Committee.
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BAS joins the AICPA Employee Benefit Plan Audit Quality Center
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Dionne Richards a Partner with BAS was recognized by Success South Florida Magazine as one of 40 of the most influential professionals who are under the age of 40. The 40 under 40 issue distinguishes the leading, young professional in such industries as medicine, finance and law.
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Our CPA firm was started by previous Big 4 employees who saw a need to provide expertise to small and mid size companies at competitive pricing. Our commitment and passion to our clients sets us apart from the competition.

Why engage Business and Accounting Solutions (BAS)? Well the benefits are immense, here are a few:
  • Our team of auditors have expertise working with the largest international accounting firms and fortune 500 companies
  • We partner with you to ensure that your needs are met in a timely and efficient manner
  • We have large accounting firm expertise not large cost
  • We have a commitment to adding value to your organization....we view your success as our success
  • We are technically proficient with Generally Accepted Accounting Principles and we keep up with emerging issues through regular CPE
  • We use experienced personnel who have knowledge and experience to serve clients in a wide range of functional areas and industries
  • Although every business and each engagement is unique, our mission remains the same-to serve our clients and help them achieve their goals
  • We have a passion for customer service and client success
  • We have a commitment to integrity, value and excellence
"We saw a need to provide high quality value added services to organizations while working within their budgets. That is our goal"
Suzette Porter, Partner.



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