Value Added Advisors specializes in working with public accounting audit firms prepare the clients financial statements for companies going public, reverse mergers and 10K’s, 8K’s and 10Q’s to comply with Sarbanes-Oxley 404 Act regarding independence.  We can prepare all footnote disclosures, the management discussion and analysis as well as the necessary adjusting entries to prepare the financial statements and all statistical data required in the annual year’s 10K report submitted to the SEC.  We also do all the valuation of intangibles related to purchase price allocations, goodwill and other intangibles impairment testing.  We evaluate equity based compensation, complex hybrid capital financing and cheap stock related to deferred compensation under IRS Section 409A.

From 1996 on, the need for business valuations grew dramatically.  Today, we concentrate heavily in business valuations, auditing financial statements of privately held companies which need debt and equity financing and private companies selling to public companies and the seller prefers an auditor other than the buyer’s auditor.

Value Added Advisors owned by Gil Ostrick then merged his valuation and accounting firm into Kallman at the end of 2004. 

Kallman and Co., LLP CPA’s (Kallman) does tax planning and tax compliance for any tax situation or transaction which may arise.  The company does audit and reviews and supplements Gil Ostrick with his projects (audit or review)  which are specifically for the purchase or sale of business raise debt or equity financing, or to increase or maintain bank lines of credit or asset based financing lending.

Kallman has tax experts that are involved in FIN 48 opinions on tax liabilities related to aggressive tax positions which more likely than not will be audited by the IRS and will result in increased tax liabilities.

Kallman specializes in manufacturing and distribution entities, complex service entities and all aspects of real estate activities.