Chicago tax accountants and tax preparers

Acting as Your Business Advisor

We look at the big picture as well as the small.  We focus on three main objectives for our accounting clients... enhanced efficiency, reliable and timely business data, and improved cash flow and profitability. Serving as an outside advisor, we take responsibility to go beyond the numbers.

Cash Flow Management

Cash flow management is the lifeblood of an organization.

It is more than receivables and payables. It can be the difference between a successful organization and an unsuccessful one. We can help you understand your inflows and outflows of cash. More importantly, we can help you forecast your need for cash and plan your cash flow over time.

Shared Accounting Support

Accounting Support When You Need It

Serving Small and Mid-sized Businesses

Many closely-held businesses find it impractical to hire a full-time Controller or Chief Financial Officer at a substantial salary. We help by performing many of the areas traditionally burdensome to owners of smaller businesses... such as generating and analyzing financial statements and business and tax planning. If you do have inside accounting people, but want us to look over your accounting on a monthly or quarterly basis, we will be glad to act in this capacity as well.  When you have questions in between our visits, rest assured we will help.  We want you to call us and don't charge our clients for routine phone conversations.

Serving Not-for-Profit Organizations

The budgets of many nonprofit organizations don't permit large accounting staffs.  In addition to a good deal of work, accounting professionals in nonprofit organizations have to keep pace with rapidly changing laws and regulations facing the not-for-profit industry each year.  We understand and can offer you the additional accounting support when you need help.  Whether you need a person to turn to discuss how to handle a single transaction or more active monthly or quarterly accounting support, we can help.

Financial Statement Preparation and Analysis

We don't just help produce the financial statements and walk away. We make sure they help you.

Why do you have financial statements... to make informed decisions?... to inform others as to the financial position of the organization?... to see where you stand at the end of the day?

Most all accounting firms can prepare financial statements and many can prepare audited statements. What, then, is different about Dugan & Lopatka?

We have always taken the position that educated clients make better decisions. Most leaders are not accountants and therefore, accounting is not one of their strengths.  As a result, most leaders learn by fire how to read a financial statement.

We believe that it is our job to make sure clients know how to use the financial statements to examine the past and look at implications for the future. We don't just help produce the financial statements and walk away. We make sure they help you.

Whether you need accounting support and a CPA to turn to when you have questions or you need compiled, reviewed or audited financial statements, we can help.

"Hit By the Bus" Support for Your CFO or Controller

Is your organization at risk if your leading accounting or finance person gets "hit by the bus"?  Who would take over immediately?  Who knows your accounting systems, policies and procedures?  Who can make important financial decisions?

Dugan & Lopatka can serve as a backup to your CFO or Controller.  In the unfortunate circumstances where you lose a key financial employee either through death, accident or simply they leave the job, Dugan & Lopatka can step right in to ensure a smooth transition to their replacement.

Our service entails:

  • An initial Discovery process occurs to map out and document your accounting and financial systems, policies, procedures and related infornation.  We sit down with your leading accounting and financial people to learn what we need to know to replicate their daily activities.
  • Next, at least twice a year, we again sit down with your leaders to see what has changed, what new projects or initiatives are being conducted and collect other information to keep us current.

With this close understanding of how you operate, we are positioned to come in quickly to keep your organization operating effectively.

This knowledge is also extremely valuable to the individual you hire to replace your departed employee.  Dugan & Lopatka can help in the recruitment of this individual and then train them on how your company operates.  This reduces the learning curve dramatically for the new person and ensures a smoother transition for other employees.

Not sure you want to replace this person?  Ask us about our Shared or Outsourced Accounting Services.

Temporary Accounting Staffing and Recruitment Services

Did your Controller quit or go on temporary leave?

Do you need help screening potential employees for an open internal accounting position?

We know the accounting, payroll and the financial functions of an organization. We can help you get through a temporary situation by providing you with people skilled in accounting and financial management.  We can also assist you in the recruitment of skilled financial people. Avoid the hassle and headaches of recruitment. We will place the ads, screen resumes and calls, conduct interviews and identify the top candidates for your review.

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Whether you need a lot of help or just a little, we would like to be your business advisor. Please contact us today or give us a call at (630) 665-4440.

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By Dugan Lopatka - Accountants for Midsize Businesses in Chicago:  CPAs for Small Businesses

  • Addison
  • Aurora
  • Bartlett
  • Batavia
  • Bensenville
  • Bloomingdale
  • Bolingbrook
  • Burr Ridge
  • Carol Stream
  • Chicago
  • Clarendon Hills
  • Darien
  • Downers Grove
  • Elgin
  • Elk Grove Village
  • Geneva
  • Glen Ellyn
  • Glendale Heights
  • Hanover Park
  • Hinsdale
  • Hoffman Estates
  • Itasca
  • Joliet
  • Lemont
  • Lisle
  • Lombard
  • Montgomery
  • Naperville
  • North Aurora
  • Oakbrook
  • Oakbrook Terrace
  • Oswego
  • Plainfield
  • Romeoville
  • Roselle
  • St. Charles
  • Schaumburg
  • Streamwood
  • Villa Park
  • Warrensville
  • West Chicago
  • Western Springs
  • Westmont
  • Wheaton
  • Willowbrook
  • Winfield
  • Wood Dale
  • Woodridge

Dugan & Lopatka, CPAs, PC, 104 E. Roosevelt Road, Wheaton, Illinois 60187 -MAP- T: (630) 665-4440 Fax: (630) 665-5030