Financial/Operations Reporting and Tax PreparationÂ
Comprehensive Service for Better Financial Stability
Trinity rounds out its oil and gas accounting outsourcing services with complete reporting and tax preparation. As opposed to many firms that hand off the tax portion of their clients’ accounts, we can keep that work in house, maintaining consistency throughout the process and simplifying your accounting interactions. Our CPAs bring focused experience and deep knowledge of the specific conditions relating to the oil and gas industry.
Our services in this area include:
Financial Reporting
- Prepare monthly, quarterly and annual financial reporting packages
- Assist in the preparation of Securities and Exchange Commission filings
- Prepare budgets
- Provide audit support
Operations Reporting
- Produce lease operating statements (LOS)
- Manage AFE budget to actual comparison reporting
- Track and report payout calculations
- Offer client access to reports using Web application
Tax Preparation
- Produce federal and state income tax returns
- Prepare federal 1099 filings
