CPA of Denver · Work directly with Philip M. Falco, CPA
A business planning meeting works best when the owner brings clear questions and current numbers. Use this agenda to identify the decisions that matter most, then agree which topics fit the meeting and which need separate analysis.
1. Start With Your Decisions and Deadlines
List up to three priorities: a hiring decision, equipment purchase, change in owner pay, cash shortfall or upcoming transaction. Explain what you need to decide and when. A general catch-up can become more useful when it starts with a concrete choice.
2. Review Profit and the Quality of the Books
Compare year-to-date results with the prior period and budget. Identify unusual revenue or costs, missing entries, unreconciled accounts and personal transactions. Confirm whether the financial statements are complete enough to support a tax projection.
3. Explain Cash Flow
Review receivables, inventory where relevant, debt payments, capital spending and owner withdrawals. Profit and cash in the bank measure different things. A loan payment or equipment purchase can affect cash differently from the income statement.
4. Coordinate the Owner and Business
Discuss compensation, distributions, retirement contributions, withholding and household income changes. Flag additional owners, new entities or activity in other states. For S corporations, use a fact-based compensation review.
5. Update the Tax Outlook
Identify which projection inputs changed and whether payment calculations need updating. Review federal and Colorado considerations within the agreed scope. Major transactions may need a separate scenario comparison before the owner acts.
6. Leave With Assigned Next Steps
| Item | Owner | Target date |
|---|---|---|
| Supply missing financial records | Business owner / bookkeeper | Agree during meeting |
| Confirm projection assumptions | Owner and CPA | Before calculation update |
| Authorize additional implementation | Business owner | Before work begins |
Records to Gather
Bring year-to-date and comparative financial statements, reconciliations, payroll summaries, estimated-payment records, the prior return and your priority questions. Send records only through the agreed secure process.
This agenda does not expand the meetings or deliverables included in a package. See annual advisory scope, financial statement analysis and the Tax Strategy Series.
Frequently Asked Questions
Does every meeting cover the whole agenda?
No. Prioritize the decisions that matter and agree which work fits the meeting allowance. Additional analysis may require a separate engagement.
Choose Your Next Step
For a focused question, review the $350 CPA Consultation: up to one hour total for document review, preparation and the telephone call. Larger analyses and implementation require a separate engagement. For service-fit and pricing questions, send a brief inquiry; do not include sensitive financial records.
Updated October 17, 2026 · CPA of Denver. General information; the applicable tax year, facts and written engagement determine the work and advice provided.