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Piascik & Associates creates outsourced accounting program to meet clients’ needs

Piascik Outsourced offers value-added services, while reducing corporate risk

Richmond, Virginia (November 29, 2011) – The current U.S. economic and market conditions are placing new challenges to corporate America. Now more than ever, companies are seeking ways to improve their financial foot-hold, at a time when layoffs and hiring freezes are all too familiar in America’s workforce.

Piascik & Associates, P.C., a provider of premier personalized financial services to a broad range of clients throughout the United States and abroad, is offering new solutions to its client companies that have downsized their in-house accounting staff. Through Piascik Outsourced, Piascik & Associates can offer enhanced outsourced accounting services that can reduce a client company’s costs by around 30%. Since the service began in 2007, Piascik Outsourced has enabled the firm to hire four experienced accountants, contributing to the growth of the firm, as well as Virginia’s overall economy. These four accountants – who might otherwise be among Virginia’s unemployed – are providing dedicated, outsourced accounting services to a number of international companies with U.S. locations and affiliates.

“Piascik Outsourced is a value-added service offering simplicity, ease and expertise at a time when companies are looking for outside expertise rather than hiring for full-time, in-house positions,” says Steve Piascik, CPA, MT, Founder and President of Piascik & Associates. “By offering experienced outsourced accounting services, we are assuming the risk of hiring accountants, while our clients are benefiting from full-service expertise at a lower rate than hiring in-house. What’s more, they are receiving year-round involvement from a trusted and valued CPA firm –and not just at tax time – enabling them to make sound executive decisions thanks to a high level of expertise.”

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Nationwide, a senior-level in-house accountant position averages an annual salary of $100,000 plus benefits which account for roughly 20 percent additional, compared with an outsourcing salary of $60,000 to $80,000.

Piascik Outsourced provides a full array of services, which includes:

• Accounting

• Bank financial statements

• Appreciation

• Sales invoicing

• Debt collection

• Bill pay

• Loan reconciliation

• Executive compensation and benefits

• Executive concierge services – travel arrangements, company car lease arrangements, etc.

Globally, outsourcing trends is a direct result of the present financial climate and market; the U.S. Department of Labor estimates that outsourced jobs in the U.S. will peak to over 3 million by the year 2015. Cost reduction is a major reason for outsourcing, which can reduce costs by around 30 percent. Another benefit from outsourcing is better service quality due to the fact that the provider – in this case, Piascik & Associates – has a proven track record in specialized tax and accounting services.

In addition, statistics have the American economy growing despite its increase in outsourcing, as more jobs are being created from service firms such as Piascik & Associates providing outsourcing. As with the case of Piascik & Associates, the firm has hired four accountants to service Piascik Outsourced clients.

“From Day One and since this firm was founded 10 years ago, Piascik & Associates has consistently put the needs of our clients first. Seeing the challenges that many companies are facing in today’s market conditions, we are helping our clients to reduce their own risk, by the firm taking the responsibility of hiring accounting staff who can service our clients’ tax and accounting needs – more efficiently, and more affordably.”

Headquartered in Richmond, Virginia, Piascik & Associates, P.C. provides premier personalized financial services to a broad range of clients throughout the United States. For 10 years, Piascik & Associates has served publicly traded companies to multi-million dollar international companies, as well as businesses ranging from automotive and retail to medical practices, as well as high wealth individuals including professional athletes.  For more information, please visit .

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