Areas of Specialization

1. Financial Services

We have a long history of serving the needs of financial institutions including state and federally chartered savings and loan associations. In more recent years, our capabilities have broadened and been enhanced to include accounting and advisory services to broker-dealers, investment managers, third-party administrators, and other entities that provide financial services to businesses and individuals.

2. Manufacturing

Manufacturing has played a key part in the economy of southwestern Ohio. And, we have had the privilege of serving many of these companies. Today, the manufacturing sector faces many challenges that go beyond the traditional. These include offshore competition, labor, e-commerce, capital formation, supply-chain, and customer loyalty. For many years, J.D. Cloud & Co. L.L.P. has served the manufacturing sector by providing sound advice and offering innovative and cost-effective solutions to help companies achieve their financial and operating goals.

The services that we provide to the manufacturing sector include:

  • Audits, reviews and compilations
  • Federal, state and local tax strategy and planning
  • Strategic and business planning
  • Inventory costing
  • Financing analysis and sourcing
  • Mergers and acquisition consulting and due diligence
  • Business valuations
  • Employee benefit plan analysis and design
  • Operational and organizational audits
  • Shareholder agreements
  • Executive compensation planning

3. Employee Benefit Plans

Services related to employee benefit plans are an integral part of J.D. Cloud & Co. L.L.P.’s audit and advisory services. We assist plan sponsors and administrators with the complexities of complying with ERISA, DOL and IRS requirements.

Our goal is to provide value to our clients by assisting them with understanding their plans and the related compliance requirements. We also make recommendations to assist our clients with plan administration and operations. Our expertise includes several plan types, including:

  • 401(k) and Profit Sharing Plan
  • Defined Benefit Plans
  • Health and Welfare Benefit Plans
  • Employee Stock Ownership Plan (ESOP)

The services that we are capable of providing to such plans include:

  • Full or limited scope audits
  • “Agreed-upon” procedures
  • Compliance and tax reporting (Form 5500 series)
  • Operating and funding issues
  • Consulting on various regulatory matters

4. Non-Profit Organizations

J.D. Cloud & Co. L.L.P. recognizes the important contributions that these organizations make in our community. To that end, we consider it to be our responsibility to be engaged with the non-profit community. To that end, we provide accounting, auditing, tax and consulting services to a variety of non-profit organizations in Southwestern Ohio and Northern Kentucky. The financial and tax reporting, governance, and overall complexity of these organizations continue to evolve. We are experienced with the needs of these organizations and their directors. Our services to this specialized market segment include:

  • Audits, reviews and compilations
  • Agreed-upon procedure engagements
  • OMB Circular A-133 audits
  • Strategic planning
  • Budget and cash flow planning
  • Form 990 compliance

5. Construction and Real Estate

The services that we provide to the construction and real estate sector include:

  • Audits, reviews and compilations
  • Federal, state and local tax strategy and planning
  • Acquisition and entity choices
  • Cost segregation studies
  • Financing analysis and sourcing
  • Planning for real estate professionals
  • Title agency escrow account reviews