King & Associates CPA PC
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King And Associates, CPA, PC is a full-service accounting firm serving clients throughout the Central Islip, NY area. For years, King And Associates, CPA, PC has been providing quality, personalized financial guidance to local individuals and businesses. Our calculators have been provided as a resource for you to help plan your financial matters. Stay current with recent tax changes, news, and financial tips.

We provide a newsletter monthly here on our site and via email so you can stay in touch with changing regulation.
Services
Here at King and Associates CPA PC, we believe in the value of long term relationships.
We view every client relationship like a partnership and truly believe that our success is a result of your success.
Our firm has sucessfully been accepted to the AICPA Peer Review Program, and the New York State Society of Certified Public Accountancy Society.
We are committed to providing close, personal attention to our clients to assure that the services we provide you with are always at our highest standards.
King and Associates, CPA, P.C. is a full-service accounting and valuation firm serving clients throughout the Long Island and New York City, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs.
On this website, you will find information about King and Associates, CPA, P.C., including our list of services.
We have also provided you with online resources to assist in the tax process and financial decision-making.
As an auditor, Bob has performed many financial statement audits of for profit and not-for-profit- entities over the past 25 years.
In addition to auditing small to mid-sized private companies, our audit experience has been concentrated in the Long Island ferry industry and the HUD (United States Department of Housing and Urban Development) real estate housing industry, including both not-for-profit and for profit (low income housing tax credits) HUD audits.
Our HUD experience includes both financial statement and HUD compliance audits of Section 202(Supportive Housing for the Elderly Program) and Section 8(Housing Choice Voucher Program) properties as well as assistance with the electronic filing of the required financial statements to HUD through REAC (Real Estate Assessment Center).
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency.
Audits differ from reviews and compilations, as they are an intensive examination of your company's systems and records providing the highest level of assurance.
We have successfully completed and are members of the New York State Society of Certified Public Accountants and AICPA Peer Review Program.
An auditing firm may be required to obtain and maintain successful completion of "Peer Review" by lenders and other governmental users of the audited financial statements of for profit and not for profit entities.
Whether you are thinking of buying a new business, gifting part or all of of your business to your family, need a valuation for an estate or in the midst of a difficult divorce, the amount attached to the value of your business is important.
We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.
We have performed over a 1,000 business valuations and have an accredited valuation professional designation, Certified Valuation Analyst, for over 15 years.
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