Accounting & Auditing

Strong financial management and effective oversight are essential to every successful organization. At AJHC Financial Partners, our Accounting & Auditing services provide businesses, healthcare organizations, government agencies, and nonprofit entities with the financial clarity, compliance support, and strategic insight needed to make informed decisions with confidence. From day-to-day bookkeeping, financial reporting, payroll, and business advisory services to internal audits, external audits, compliance reviews, and performance assessments, our multidisciplinary team delivers solutions designed to strengthen operations and support long-term growth.

We combine technical expertise with a practical understanding of business processes, regulations, and industry-specific requirements to help organizations improve efficiency, manage risk, and maintain accurate financial records. Whether you need support managing your finances, evaluating internal controls, preparing for regulatory reviews, or identifying opportunities for improvement, AJHC provides the expertise and guidance to help your organization achieve its goals.

Accounting

Accounting is a vital tools for communicating economic information to various decision-makers and government agencies. Regardless of the issues to be decided, the quality of an individual’s decisions depends on his ability to access reliable information and on the understanding of the data to interpret it. Well-organized information becomes a very important and versatile tool in your business management, and AJHC Financial Partners can help with that.

Bookkeeping & BusinessTax

Delegate your bookkeeping to us and let the experts handle it. AJHC will run the numbers while you run your business. Other services include Business Tax Preparation and Advisory.

Business Functions

AJHC Team will help your company handle internal business functions such as an Intelligent Invoice and Client Management, Human Resources  Management , Payroll and Advisory. 

Strategic Development

Get the insights to scale your business based on a thorough market research and cost/ financial analysis for a better, informed decision making with existing or new products and services.

Bookkeeping

Accurate and relevant information is essential for businesses across all industries whether it is for confidence in intelligent decision making, reporting purposes or to stay compliant. You pursue your dream and become your own boss to face the reality of handling the administrative part of it. “I love doing my bookkeeping”, said no one, ever. Many small business owners compare doing their bookkeeping to a nightmare that they end up regretting even for trying. Quickbooks® software becomes a science, designed for accountants, not business owners. You are not alone. With AJHC Bookkeeping, you delegate your bookkeeping to us and let the experts handle it. We’ll run the numbers while you run your business. Our smart dashboard organizes your income, expenses, payments, and invoices. Necessary reports for loans and grants can be just a call away for those who don’t want to learn navigating through the software.

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What to expect from AJHC Bookkeeping Services:

  • We’ll set up your account based on how your business works
  • We’ll categorize your transactions each month so you have a clear picture where your money is coming from and where it’s being spent
  • Account reconciliation so your totals will always be accurate over time Collaboration with your accountant for the tax season or connecting with our own accountant to prepare your Business Taxes
  • Monthly review video or phone calls with your bookkeeper to know where you stand with your finances, ask a question or request specific reports you may need
  • Yearly comparison and analyses of the numbers based on the historic information on file

Business Tax Preparation

When everything is neatly where it belongs, tax time is a breeze. Our certified accountants and experts will help you prepare and file your small business taxes using data we’ve collected as part of the AJHC Bookkeeping*.

* Available only to our AJHC Bookkeeping Clients.

Intelligent, Controlled and Effortless Invoice and Client Management

Invoice management is a critical internal business function related to a company’s procurement process. It encompasses the management and processing of invoices to and from vendors/suppliers. Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage.

AJHC digital invoicing empowers small businesses by automating invoice processing and saving time by tracking key invoice data like upcoming and outstanding invoices. Our team can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date.

Good invoice and client management can impact the profitability of a business as well as lead to improved long-term relationships with the vendors and clients. AJHC invoicing service saves you time, gets you paid, and makes managing clients stress-free. Manage accounts receivable effortlessly:

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  • Send professional looking invoices with company branding
  • Option for clients to pay fast online via credit card or direct payment (additional fees for payment processing by a vendor)
  • Friendly overdue reminders to clients
  • Invoicing and payment information links and syncs with our accounting software.

Accept payments online. Get paid in as fast as in two business days, enhance your brand, and look more professional when you enable payments. Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. You can accept credit cards and bank payments for as little as one percent per transaction.

Payroll & Human Resources Management

Payroll and Direct deposit
Pay employees and contractors. Deposit payments quickly, reliably, and directly into your employees’ bank accounts. Less work for you, and your team will love it. We’ll generate and send W2 and 1099 forms for tax season

Workers’ Comp
We’ll simplify annual audits with your insurance carrier.

Employee self-service portal
Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information. When employees need payroll information, you’re off the hook. With an employee self-service portal, your team can onboard themselves, sign HR paperwork, find answers and download what they need and even request PTO.

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PTO management
Simple enough for small businesses, flexible enough for big ones:

  • Create flexible paid time off policies based on multiple criteria.
  • Employees can earn PTO at different rates depending on factors like employee type, location, or seniority.
  • Every time you run payroll, PTO hours are automatically calculated and added to each employee’s accrued totals.
  • Employees can request PTO within our system. Managers will receive an approval request, then PTO that’s used is subtracted automatically.
    Managers and admins will see upcoming employee PTO days on their dashboard.
  • Employee PTO requests are sent out through email to keep everyone on the same page.

Organized org charts

  • Detailed employee profiles and contact info
  • Searchable company directory
  • Visual orgchart
  • Organize employees by location, department, or team
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Cost Analysis

  • Get to know the expense and potential benefit of a project before you invest the resources (budgeting).
  • Decision-making support with cost profit analysis, breakeven and appropriate ratios, profit projections, vertical, horizontal analysis (‘make’ or ‘buy’ decisions).
  • Price setting analysis and assistance based on costs
  • Traditional, managerial, differential cost allocation
  • Measurement of performance efficiency
  • Preparation of financial statements (valuation of stocks etc.)
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Financial Forecasting & Analysis

Financial Forecasting is predicting a business’ financial future or profitability of an existing company or a new business opportunity by a thorough research of the market information and/or examining historical performance data, such as revenue, cash flow, expenses, or sales. This process may involve or consist of guesswork and assumptions depending on the nature of the project, as many unforeseen factors can influence business performance or prediction.

Financial Analysis. Get the insights you need to understand financial outcomes for your company based on the ratios and other financial analysis, review existing projects lines or review new business opportunities.

Advisory

If you have a finance, planning, operations project or would like to understand what your numbers say, you may also get a VIP treatment from our in-house accounting and bookkeepers team in an accounting & payroll coaching session.

  • Get coaching or support from our team of bookkeeping, accounting, and payroll experts.
  • Perfect for business owners who are accounting newbies.
  • Benefit from advice that’s tailored to your business goals, and start a long-lasting friendship and trust.
  • Contact an accounting professional year-round, not just during tax time
 
With this personalized session, you’ll get:
  • 2 hours or more of live coaching
  • Unlimited 30-day email access to your coach
  • The confidence in knowing your books and in intelligent decision making
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Data Security Is Our Top Priority

Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information.

Pricing

Pricing for accounting & bookkeeping help can vary but for most of our clients it’s somewhere from $149 per month to clean up or higher based on the amount of work required. We do not compete on PRICE, we do on QUALITY. To get your personalized quote, schedule a call with our team and we’ll be happy to discuss your needs.

Learn strategies to grow your business, improve accounting operations, and enhance business processes with AJHC Academy®.

AJHC Financial Partners can provide an independent and objective view into your organization’s financial and non-financial activity or reporting to Governmental agencies, Managed Care companies, private organizations and other key stakeholders. These services are designed to add value to the organization with emphasis on constructive improvement of its operations. Our experienced professionals are great at understanding regulations and policies contracts, medical coding reading the numbers and financial reports. We perform COMPLIANCE, PERFORMANCE, INTEGRATED and INFORMATION TECHNOLOGY audits.

At the end of each project AJHC team will produce reports that are independent and objective, ensuring that the company’s risk management practices, internal controls, and corporate governance (business performance, compliance with laws and regulations and ethics) are operating in due form.

Internal Auditing

AJHC’s audit team helps organizations accomplish their objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of existing risk management, accounting processes, internal controls, and corporate/clinical governance processes.

These audits are held on behalf of management teams and supply tools necessary to improve operational efficiency by identifying problems and correcting lapses before they are discovered in an external audit. We provide all of this while finding solutions to improve performance and revenue cycle.

Internal controls are an important first line of defense against potential fraud, waste, or abuse, as well as possible unintentional non-compliance and violations of existing provisions.

External Auditing

AJHC Financial Partners works with you as an outside party to provide independent objective expertise to remove any bias in reviewing the state of your company’s financials and other reports and documents. 

Our audit team will seek to identify if there are any material misstatements in the financial statements and provide a clean opinion to internal (e.g., board of directors, investors) and external (e.g., financial institutions, appeal/arbitration) stakeholders to make better, more informed decisions related to the audited area.

This type of audit may also be performed on behalf of Government Agencies as a performance or compliance review, or to provide subject matter expertise for arbitration and remediation purposes.

Compliance / Investigation

  • Reliability of financial reporting; 
  • Adherence to federal, state, local laws and regulations;
  • Special Investigations focusing on alleged violations of federal and state laws and regulations, hotline allegations.

Performance / Operational

  • Accounting, recording, and reporting of financial transactions;
  • Adequacy of internal controls;
  • Quantification of performance metrics (KPIs);
  • Efficiency and effectiveness in use of corporate resources

Revenue Performance & Compliance Audits

Assessment of billing accuracy, coding compliance, and reimbursement methodologies to identify revenue leakage, regulatory risks, and optimization opportunities.

Integrated Audits

A comprehensive, cross-functional approach that aligns financial, operational, billing, and compliance reviews to provide a complete, accurate view of organizational performance, risk, and opportunity.

Why Consider Internal Audit

Across different industries, companies need to abide by certain regulations and face regulatory compliance while maintaining operational efficiency. Internal controls are an important first line of defense against fraud, non-compliance and violations of provisions.

AJHC’s Audit team helps organizations accomplish their objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of existing risk management, accounting processes, internal controls, and corporate/clinical governance processes. As internal auditors, we act on behalf of the management teams. The emphasis is pushed to ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.

internal controls Sarbanes-Oxley Act (SOX) income statement, balance sheet, and cash flow statement generally accepted auditing standards (GAAS)

These audits also provide the management team with the necessary tools to improve operational efficiency by identifying problems and correcting lapses before they are discovered in an external audit. We provide all of this while finding solutions to improve performance and revenue cycle.

Internal audits play a critical role in a company’s operations and corporate governance, especially now that the Sarbanes-Oxley Act of 2002 holds managers legally responsible for the accuracy of their company’s financial statements. SOX also required that a company’s internal controls be documented and reviewed as part of its external audit. [Congressional Research Service. “Corporate Responsibility: Sarbanes-Oxley Act of 2002,” Pages 5-8].

In addition to ensuring that a company complies with laws and regulations, internal audits also provide a degree of risk management and safeguard against potential fraud, waste, or abuse. The results of internal audits provide management with suggestions for improvements to current processes not functioning as intended, which may include information technology systems as well as supply-chain management. Internal audits may take place on a daily, weekly, monthly, or annual basis. Some departments may be audited more frequently than others. For example, a manufacturing process may be audited on a daily basis for quality control, while the human resources department might only be audited once a year.

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External Auditing

Almost all companies receive a yearly audit of their financial statements (such as the income statement, balance sheet, and cash flow statement) or governmental reporting (for funding, grants, contracting).

Audits performed by outside parties can be extremely helpful in removing any bias in reviewing the state of a company’s financials. Lenders often require the results of an external audit annually as part of their loan agreement. For some industries, audits are a legal requirement due to the high occurrences of misstating financial and other reporting information. An impartial auditor’s opinion provides stakeholders with confidence that the financials are both accurate and complete, leading to better, more informed decisions related to the audited company or activity.

The biggest difference between an internal and external audit is the concept of independence of the external auditor. Internal audit reports are primarily used by a company management to improve company operations and prepare for an external audit, where reports are primarily used by outside parties to satisfy a reporting requirement or to be used in arbitration/ independent review processes. Internal audits may be less formal with blurred structure in the form of a casual guidance. External audits are often formal procedures with defined boundaries and disallowed services, as prescribed by the auditing authorities, such as the Generally Accepted Auditing Standards (GAAS) set by Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA). Additional rules for the audits of publicly traded companies are made by the Public Company Accounting Oversight Board (PCAOB), which was established as a result of SOX in 2002. A separate set of international standards, called the International Standards on Auditing (ISA), were set up by the International Auditing and Assurance Standards Board (IAASB).

Why Consider Revenue Performance & Compliance Audits

In today’s complex healthcare and reimbursement environment, organizations must balance accurate revenue capture with strict regulatory compliance. Billing errors, coding inconsistencies, and misalignment with payer-specific reimbursement methodologies can result in significant revenue leakage, compliance exposure, and operational inefficiencies. A structured review of revenue cycle processes is essential to ensure that services are accurately documented, coded, and reimbursed in accordance with applicable regulations and contractual requirements.

AJHC Financial Partners conducts comprehensive Revenue Performance & Compliance Audits to evaluate the integrity of billing and reimbursement practices across the organization. Our approach focuses on validating medical coding (CPT, HCPCS, ICD-10, NCCI), assessing documentation support, and ensuring alignment with Medicare, Medicaid, commercial payers, and No-Fault / Workers’ Compensation fee schedules and reimbursement methodologies. We analyze denial patterns, payer behavior, and adjudication outcomes to identify systemic issues impacting revenue realization and compliance.

These audits are designed to detect underpayments, overpayments, missed revenue opportunities, and billing irregularities, contracting and credentialing issues. At the same time, we assess internal workflows related to charge capture, documentation, and claims submission to identify process gaps that may contribute to financial loss or regulatory risk.

Beyond identification of issues, AJHC provides actionable, data-driven recommendations to improve revenue capture, strengthen compliance frameworks, and enhance operational performance. Our goal is to equip leadership with clear insights and practical solutions that support accurate reimbursement, reduce exposure, and drive sustainable financial outcomes.

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