Randall M. Hancock CPA, PC Available
Randall M. Hancock CPA, PC provides specialized financial statement preparation, general ledger reconciliation, and strategic tax planning for small to mid-sized businesses throughout greater Birmingham.
About
Randall M. Hancock CPA, PC structures its Birmingham accounting practice around rigorous forensic and general accounting protocols, focusing on general ledger integrity, payroll reconciliation, and tax compliance for regional businesses and private estates. The firm's operational baseline begins with systematic diagnostic audits of unadjusted trial balances, immediately isolating anomalies across accounts payable, accounts receivable, and fixed asset schedules. Rather than treating financial records as passive year-end summaries, the practice implements disciplined monthly and quarterly closing cadences designed to surface data entry variances, repair fragmented audit trails, and maintain compliance with both GAAP standards and Alabama state tax statutes.
When untangling complex reporting issues—such as undocumented owner draws, mixed personal and business expenses, or multi-state nexus sales tax allocations—the diagnostic workflow moves directly to source-document substantiation. The firm cross-examines digital ledgers against primary bank statements, point-of-sale clearing files, and loan amortization tables. Complex depreciation schedules are actively recalibrated using Section 179 expensing rules and MACRS conventions, aligning capital asset tracking with current federal write-off limits. By re-architecting disordered charts of accounts into standardized functional groupings, internal reports are transformed into reliable instruments for operational cash flow analysis and lender underwriting.
Intake assessments follow a phased review protocol to establish project scope, verify historical reporting accuracy, and configure recurring workflows. Full historical ledger clean-ups and back-tax reconciliations generally require two to four weeks of active processing, while standard monthly accounting deliverables are completed within ten to fifteen business days following the close of the billing period. To streamline the onboarding review, prospective clients should assemble prior three-year tax filings, year-to-date trial balances, recent bank and payroll summaries, and read-only credentials for existing accounting software prior to the introductory working session.
Services & Packages
Starting rates and standard packages offered by Randall M. Hancock CPA, PC:
General Ledger Diagnostic & Reconciliation
A comprehensive audit of balance sheet accounts to resolve uncategorized entries, clearing account balances, and ledger discrepancies.
Monthly Business Bookkeeping Package
Ongoing bank feed management, month-end closing procedures, and standard financial statement production.
Corporate & Partnership Tax Preparation
Federal and state entity income tax return filing, complete with Schedule K-1 preparation and capital asset depreciation schedules.
Full-Cycle Payroll Setup & Reporting
Initial setup of payroll ledgers, withholding schedule verification, and quarterly state and federal return filings.
Cash Flow & Financial Statement Analysis
In-depth review of trailing performance statements, liquidity ratios, and operating expense breakdowns.
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