Westbrook & Co., PC, a certified public accounting firm, was founded in 1989 by Mr. Richard D. Westbrook. The firm has experienced considerable growth over the past twenty-eight years and during 2013 acquired another firm in Carrollton, Missouri. The firm remains headquartered in Richmond, Missouri and is currently composed of twenty-six employees consisting of twenty-one professionals and five administrative staff.
Rick Westbrook the founding father has retired from the firm as of May 2017.
Westbrook & Co., P.C. :
The firm’s objectives are to-
Provide high-quality accounting, auditing, tax, and management advisory services to individuals, profit and not-for-profit companies and governmental entities.
To be a firm that is enjoyable to work for and rewarding to work with.
Be actively involved in professional, business, community, and civic affairs.
Offer close, personalized service on a timely basis, and to help each client reach its maximum potential through sound and efficient accounting, financial, tax, and management advice.To adhere to the Code of Ethics of the State Board of Accountancy, American Institute of Certified Public Accountants and Missouri Society of Certified Public Accountants.
In order to achieve these goals and objectives, the firm will continue to hire and grow the highest quality professionals, seek to grow through a combination of expanded service to present clients and the addition of new clients on a regular basis.
Our services set us apart from other firms because of the commitment to quality by our professionals and our focus on the financial well-being of our clients. Any of the following services can be customized to individuals and businesses specific needs.
Accounting and Auditing – Westbrook & Co., PC provides accounting and audit services to all sizes of government, non-profit and private businesses. Depending on the end users; the engagement may take the form of preparation, compilation, review or audited financial statements.
We believe that it is necessary to maintain a small staff of highly experienced individuals in order to provide quality audits. This is a result of our understanding of the highly specialized areas which are encountered in audits. Our audit staff has an average of 10 years of experience. As a result, you will not need to train our staff on auditing issues.
All audit staff have experience in performing audits in accordance with the Single Audit Act, Government Auditing Standards and OMB Circular A-133. Extensive experience has been acquired by our staff in audits under all major federal government branches.
We also believe that each audited entity should receive something from their audit other than just a “rubber stamp” of approval. For this reason we place a great amount of effort in our report to administration which includes recommendations regarding internal controls and operational issues. We will work closely with the administration in developing meaningful and helpful recommendations.
Our firm’s utilizes the audit process to provide savings benefits to our clients. Our audit team has extensive experience with school accounting issues, enabling us to identify key areas where the District can increase funding. These savings have been realized through identifying additional At-risk students and eligible pupils, as well as determining additional route mileage and implementing recommendations to improve transportation reporting. The annual savings from these areas have often exceeded the audit fees incurred by our clients.
Tax – We provide a comprehensive tax services, including the compliance services relating to the preparation of federal, state and local tax returns for corporations, partnerships, individuals, non-profit organizations, estates and trust. We encourage and provide tax planning – corporate, personal, retirement and estate – which includes such areas as compensation, tax mitigation, retirement plans and acquisitions and mergers.
Management Advisory – The firm’s staff assists clients in improving their efficiency and profitability from an objective viewpoint, evaluating internal controls and procedures and recommending sound mitigating controls, litigation support, and forecasting.
Specialized Accounting (Write-up) – We strive to provide the highest standard of professional services expected at a large firm along with the range of personal services expected of a local firm. We assist in establishing basic accounting records and in the preparation of interim financial statements and various tax returns including income, sales and payroll. We provide full accounting and payroll services as well as after the fact bookkeeping; considering the end user when issuing prepared or compiled financial statements.
Technical Services – We have skilled accountants with expertise in QuickBooks, Software Unlimited, Peachtree, Asset Keeper and Excel who can either remote into your network or come to your site to provide the following services:
- Accounting system install, support and implementation
- Customized reports
- Reconciliations and error detection
- Software permissions analysis