We are a regional CPA firm serving western Texas through our offices in Midland and Odessa. Our firm serves clients in a wide range of industries with specialized expertise in: oil & gas, construction, manufacturing, wholesale-distribution, not-for-profit, health care, state and local governments.

   Our Financial Accounting Services department is primarily responsible for performing audits, reviews, compilations, agreed upon procedures, and management consulting.

   Our tax professionals work closely with clients throughout the year so that changes in tax laws can be brought to their attention, and tax planning opportunities can be implemented.

   Our goal is to ensure an orderly and tax efficient transfer of wealth upon your death or that of your spouse. With a clear plan in place, financial worries will not add to the pressing matters your survivors will face.

   We begin by looking at your business model. We help identify your organization's critical success factors. Then we implement the most effective technology for your business.

   We provide consulting services for QuickBooks, QuickBooks Standard Payroll and Quicken. We provide the local connection to service all your QuickBooks and bookkeeping needs.

   We perform an in-depth analysis, using relevant market data, and apply state-of-the-art valuation techniques to ensure an accurate and defensible business valuation report.

   Elms, Faris & Company, LLP can assist with acquisitions, mergers or divestitures, partnership and corporate reorganizations, and assistance in capital formation or debt restructuring.

   We offer a team approach in financial planning services with access to specialists in different financial planning disciplines. This plan puts all the pieces together, income and estate tax considerations, beneficiary designations, titling of assets, proper asset allocation, tolerance for risk, and anticipated retirement date.

 

 


 

Elms Faris & Company, LLP takes pride in the quality service it offers in several key areas.

 -Financial Accounting
 -Tax Services
 -Estate Planning
 -Management Consulting
 -Information Technology
 -Business Valuation


We are one of the oldest and and largest locally owned firms of CPA's and consultants in the Permian Basin. With offices in Midland and Odessa we are qualified to handle even the most complex engagements.
We specialize in several vital West Texas industries.

 - Oil & Gas
 - Construction
 - Manufacturing
 - Wholesale-Distribution
 - Not-for-profit
 - Health Care
 - State & Local Government


With the rapid change in the accounting, tax and consulting industry Elms, Faris & Company, LLP Is looking for forward-thinking goal driven persons to join our motivated professional team. To explore these opportunities please contact us.

We are always looking forward to you contacting us. Our company thrives on the ability to communicate effectively with out clients. With out open roads of communication true efficiency can not be reached.


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