MBS Accountancy Corporation is a certified public accounting company offering various tax, accounting, and advisory services to business and nonprofit organizations. The company, founded on a practical approach, assists clients with bookkeeping, financial reporting, tax planning, and CFO-level financial management. Their mission is to enable organizations to enhance financial clarity and stay compliant, enabling decision-makers to make informed business decisions. MBS Accountancy prioritizes professional development—for its staff, clients, and the accounting profession overall—understanding that ongoing refinement is necessary in a dynamic economic environment. Without placing priority on quick growth or showy fixes, the company instead focuses on establishing solid, consistent relationships with organizations seeking to make sense of and control their financial practices. Under its strategy of clarity and form, MBS Accountancy advocates for companies that are dedicated to sustainable methods and long-term development.

Services Provided by MBS Accountancy Corporation         

Bookkeeping and Accounting Services

MBS Accountancy Corporation provides extensive bookkeeping and accounting services in accordance with the changing financial requirements of small enterprises, nonprofits, and expanding organizations. Its strategy is meant to enhance financial transparency and enable informed decision-making through proper and timely reporting. Services range from transaction categorization, accrual and cash basis accounting, and conversion assistance. They also undertake QuickBooks implementation and consulting, such as cleanup, tune-ups, and system optimization for enhanced day-to-day accounting processes. Full-cycle support benefits clients by addressing accounts payable and receivable reporting, fixed asset handling, expense tracking, and depreciation and amortization. MBS also undertakes month-end close procedures and produces managerial financial reports monthly or quarterly. Their budget vs. actual analysis and revenue tracking help businesses identify trends, manage cash flow, and stay on target with financial goals.

Other services involve municipality licensing and registration support and bookkeeping strategy assistance. Whether an organization is implementing systems for the first time or wants to streamline and enhance existing processes, MBS Accountancy has advisory services designed to support stability and compliance. Their staff collaborates with clients' internal staff as necessary or can manage the bookkeeping function completely on behalf of the organization.

CFO and Controller Services

MBS Accountancy Corporation provides CFO and controller services for organizations that require strategic financial guidance but do not have internal capacity. These services give clients—whether nonprofits or for-profit companies—timely, accurate financial information and forward-looking advice to inform more effective decision-making. Their controller services include transaction breakdown by detailed categorization, accounts payable and receivable management, accrual/cash basis accounting, and assistance with the month-end close process. Through the adoption and streamlining of tools like QuickBooks Online and Bill.com, MBS provides smooth financial operations and audit-ready files. Tracking fixed assets, managing depreciation, and budget-to-actual analyses are also included in their day-to-day support.

For CFOs, MBS assists companies in creating long-term financial plans, tracking cash flow, and generating board-level reports. Their consulting services help with complex matters like entity structuring, nonprofit grant billing, and financial compliance. Whether navigating clients from insolvency or facilitating audit preparedness, MBS oversees operations that support organizational objectives. Clients enjoy added clarity into financial results, enhanced internal controls, and strategic forecasting. MBS also interfaces with internal staff, providing training and assistance where necessary. With controller and CFO services, companies can depend on sound financial guidance without the expense of an in-house executive team.

Tax Advisory Services

MBS Accountancy Corporation offers expert tax advisory services specifically designed for nonprofit organizations that are operating under intricate financial and compliance hurdles. Its services assist in ensuring tax compliance, lowering liabilities, and identifying savings potential that could be lost otherwise. Services also include business, trust, estate, and gift tax return preparation and fiduciary accounting and quarterly estimated tax computation. They also coordinate S-corp and partnership reporting, sales and use tax returns, and execute tax planning for buy-sell agreements and mergers. With a background in incentive analysis and multi-jurisdictional compliance, MBS assists nonprofits in synchronizing financial procedures with the law and achieving maximum tax efficiency.

Cassidy Jakovickas - President and CEO

Cassidy Jakovickas serves as President and CEO of MBS Accountancy Corporation and is an acknowledged leader in the accounting field. He was a 2021 honoree of CPA Practice Advisor's "40 Under 40" award, which recognizes his influence and innovation in the field. A published author with more than 50 published articles on accounting trends, changes to tax laws, business leadership, and tax incentives, Mr. Cassidy is an active contributor to the profession as a member of the CalCPA Fresno Chapter, the AICPA, and the Accountant Council for Intuit. Beyond his work, Cassidy likes to spend time with his family, play basketball, read novels and other genres, and listen to podcasts.

MBS Accountancy offers tax advisory ensuring compliance, minimizing liabilities, and identifying opportunities for tax savings.

MBS Accountancy prioritizes professional development, understanding ongoing refinement is necessary in a dynamic economic environment.