Farid Faryab

About Farid Faryab

Mr. Faryab has more than two decades experience in providing Accounting, Taxation, Payroll, Audit Defense Representation, Business Advisory, and Financial Consulting Services with the emphasis on the areas of Corporate, Partnership and Individual taxation to high net worth clients and the businesses they control. He views every client connection like a partnership, and truly believe that his success is a result of their success. His integrity raises your trust when respond promptly to any concerns you may have in a changing financial and taxation regulatory environment.As an professional accountant, he believes in the value of relationship. Therefore, the majority of his triumph is the ability to communicate and manage personal relationships effectively with his clientele. His primary goal as a trusted adviser is to provide insightful advice to enable you to make informed financial decisions. It matters to him in identifying new and innovative ways to exceed expectations and helping you to achieve your valuable business goals. Thus, his extensive investment of time and resources into business relationships is indicative of his commitment to excellence.Consequently, choosing the right accounting firm is a key ingredient to your prosperity. World Accounting Group is one of the leading accounting firms which serves in a broad range of services for Business Owners, Executives, and Independent Professionals in a variety of industries such as Real Estate Investment, Retail and Wholesale of Consumer Goods, Construction, Legal, Dental, Medical and many other Professionals and Industries. By combining his expertise and experience, he is dedicated to helping you navigate through your financial wealth and business tax decisions.

Experience

1. Investment Advisor

   World Real Estate Group

   Apr 1994 — Present

   Manage potential Tenant Acquisition or Disposition Opportunities, including Cash Flow Modeling, Property Valuations, and Investment Analyses. Oversee the Due Diligence and Closing Process.Perform return on Investment Analysis to include Internal Rate of Return and Capitalization Rates in order to make recommendations that match the client’s investment goals and expectations.Created cost sheets to Determine Rental Values for different office spaces for large commercial buildings and analyzes the Financial Feasibility of property improvements.Recommended Internal Control Improvements to Detect Fraud and assess internal control procedures in order to Safeguard Assets and Effectively Monitor Operations.Computed Annual Expenditures, reduced Operating Costs, while provided vision and direction for preparation of general ledger.Prepared Income Statements, Balance Sheets, Bank Reconciliations, and Development of Year-End Tax Returns for evaluation of the business operation for loan activities.Demonstrated ability to efficiently prioritize a broad range of responsibilities; Interview and Screen prospective tenants and complete background checks.Supervised and monitored activities of outside contractors in order to solicit competitive bids, along with excellent communication skills to Facilitate Projects with both Budget and Time limits.Prepared and presented different financial reports for real estate assets held in the company’s Investment Portfolio in order to negotiate with company’s bank and other funding sources.Developed unique solutions to construction problems by being extremely inventive in the Project Design Plans and for timely completion of construction activities.Supported development of annual business plan to meet Organizational Mission, goals and objectives dedicated to foster teamwork and professional development.

Education

• California State University, Northridge

  Master of Science, Taxation

  2007 — 2009

• Santa Monica College

  Associate Art Degree, Real Estate

  1990 — 1994

• California State University, Northridge

  Bachelor of Science, Accountancy & Finance

  1994 — 1999

• Taft Law School

  Juris Doctor, Cum Laude Honors

  2012 — 2016

Skills

• Cash Flow
• Payroll
• Bookkeeping
• Tax Advisory
• Small Business
• Investment Advisory Services
• Real Estate
• Forensic Accounting
• Accounting
• Corporate Tax
• Managerial Finance
• Strategic Financial Planning
• Financial Analysis
• State Tax
• Accounts Receivable
• Income Tax
• Arbitration
• Accounts Payable
• Tax
• Wealth Accumulation Strategies
• New Business Development
• Business Valuation
• Litigation Support
• Financial Accounting
• Financial Reporting
• Management Consulting
• Mergers
• Part-Time CFO Services
• Auditing
• Sales & Use Tax