Employee: Monica Frost
Position: Senior Accountant
Years with firm: 7
Q: Your primary focus is preparing corporate tax returns. What is the allure to preparing those tax returns as compared to other types of returns?
A: When doing business returns, we include a balance sheet in the return. In making sure the balances are correct when we put them in a tax return, we tie out all of the balances on the balance sheet. This is my favorite part because I get to do real accounting with journal entries and everything. When clients provide us with their QuickBooks files, in some cases, it can turn into forensic accounting (not fraudulent) trying to figure out what the client’s intentions were when they entered transactions. My goal as their tax accountant isn’t to fix their books, only to understand and make sure they are getting all of the expense write-offs they deserve while also making sure they are reporting all of the income received.
Q: Even though we have over 50 people in the firm, Soldotna is one of our small offices. What do you like about working in our Soldotna office?
A: The staff in the Soldotna office is a huge part of why I enjoy my job so much! I even miss them when I take vacation! I can’t wait to come back and tell them about all my adventures. We do a group text chat to keep each other in the loop about anything we have going on- whether it is personal or work-related.
Q: If you could be an animal, what would it be and why?
A: I think I would be a cat. Not sure if I would prefer to be domesticated or wild. Cats can be cool or jerks, and no one questions them- and in most cases they are not the prey.