# DesRoches & Company CPAs

## About

DesRoches & Company, CPAs is a full service accounting firm located in Virgina Beach Virgina. For more than 30 years we've been serving the tax and accounting needs of the Hampton Roads area.

- Verified: Yes

## Services

### Business Financial Services
- [Outsourced Accounting Services](https://bilarna.com/services/business-financial-services/outsourced-accounting-services)

## Frequently Asked Questions

**Q: What is HOA accounting and what specific services does it include?**
A: HOA accounting is a specialized branch of financial management and reporting tailored for Condominium and Homeowners Associations, often referred to as Common Interest Realty Associations (CIRAs). This involves managing the association's finances according to strict governing documents and state regulations. Key services include preparing comprehensive financial statements, managing collection assessments and delinquencies, administering reserve fund studies for long-term capital projects, processing accounts payable for vendor services, and overseeing the annual budget preparation and audit process. For associations with multiple properties, accounting also entails detailed fund accounting to track finances for individual buildings or neighborhoods within the larger community, ensuring transparency and regulatory compliance for all members.

**Q: What are the key benefits of outsourced accounting and advisory services for businesses?**
A: Outsourced accounting and advisory services provide businesses with scalable, expert financial support without the overhead of a full in-house department. The primary benefit is access to a team of specialized professionals for functions like bookkeeping, payroll processing, and controller-level oversight, which improves accuracy and ensures regulatory compliance. This model offers significant flexibility, allowing services to scale up or down with business needs, from managing day-to-day transactions to providing strategic CFO-level insights for growth planning and decision-making. It also reduces operational risk by implementing robust financial controls and provides deeper business intelligence through regular reporting and analysis. Furthermore, it frees up internal leadership to focus on core business strategy rather than administrative financial tasks.

**Q: What services are included under business valuation and litigation support?**
A: Business valuation and litigation support services encompass a professional analysis to determine a company's economic worth and provide financial expertise for legal disputes. A formal business valuation establishes a defensible value for purposes like mergers and acquisitions, succession planning, shareholder transactions, or tax reporting. Litigation support involves certified professionals acting as expert witnesses or consultants, offering financial analysis for cases including commercial damages calculations, shareholder oppression, forensic accounting to uncover fraud or embezzlement, and marital dissolution proceedings. These services require a deep understanding of financial standards, industry benchmarks, and legal procedures to produce court-admissible reports and testimony that can withstand scrutiny from opposing counsel, ultimately helping clients navigate complex financial and legal challenges.

## Links

- Profile: https://bilarna.com/provider/desrochescpas
- Structured data: https://bilarna.com/provider/desrochescpas/agent.json
- API schema: https://bilarna.com/provider/desrochescpas/openapi.yaml