The company I work for was duped into using IPA/IPA services this year. I was not on staff at the time. Let me tell you what a terrible rip off. For the money that they paid, in a month, they could of hired a private accountant, attorney, and admin assit to do the same thing with better results.
They pre package a basic Acct 101 over view explain profit and loss, and balance sheets, they make spread sheets, that are not any more useful than the ones in Quick books.
On several documents generated for this business, there was a name of another business on the footer of the page ( more evidence, that this is a cookie cutter scam for any one who uses them)
I am frustrated, these people are good people, hard working, and because IPA/IBA counseled them to renogiate a current contract to lower price ( their revenue) and charged them 60,000 this company will be lucky if they end the year with a $100,000. loss.
Seriously, I am thinking about suing them, it is ridiculous.