Regional accounting firm · New Philadelphia, OH

Rea Business Advisors

Regional Ohio firm, formerly Rea & Associates, offering audit, tax, and accounting and CFO services, with industry practices including government, construction, manufacturing and nonprofits.

Visit the firm’s website

Profile

Headquarters
New Philadelphia, OH
Size type
Regional: Firms with offices in one region or a handful of states, often with deep industry niches and partners who work on each client directly.
Services
Audit and assurance, Tax advisory and compliance, Client accounting services
Industry niches
Nonprofits, Manufacturing and distribution, Construction, Real estate, Government and public sector
Website
reaadvisory.com
Last checked
November 11, 2026

Services

Audit and assurance

An audit is an independent CPA firm's examination of your financial statements, ending in a written opinion on whether they are fairly presented under the accounting framework you use (usually US GAAP).

Tax advisory and compliance

Tax compliance is preparing and filing returns: federal, state and local income tax, sales and use tax, payroll tax, and information returns such as Forms 1099.

Client accounting services

Client accounting services (CAS) is outsourced accounting: a firm keeps your books, closes the month, reconciles accounts, runs payables or payroll, and can act as your controller or fractional CFO.

Not listed on the firm’s website: SOC 1 / SOC 2. If you need it, ask the firm directly.

Industry niches

Nonprofits

Nonprofits file Form 990, follow nonprofit accounting standards for restricted gifts and net assets, and, when they spend federal money above the threshold, need a Single Audit under the Uniform Guidance. Boards and funders read these reports closely.

Manufacturing and distribution

Manufacturers and distributors carry inventory costing, multistate sales and payroll, and tax incentives such as the research credit and cost segregation. A firm that knows inventory observation and standard costing audits faster and finds more in planning.

Construction

Contractors are judged by sureties and banks on their financial statements: percentage-of-completion revenue, work-in-progress schedules and bonding capacity. A firm that knows what sureties look for writes statements they accept.

Real estate

Real estate owners and developers rely on partnership tax planning, depreciation and cost segregation, 1031 exchanges and investor reporting. Audits for lenders and investors have their own fair-value and lease questions.

Government and public sector

State and local governments report under GASB standards and, when they spend federal awards, need Single Audits. Many are selected through formal procurement, where a firm's government experience is scored.

What to ask Rea Business Advisors

  1. Is Rea Business Advisors licensed in our state, and is the partner who would sign our work a licensed CPA there? (Check on CPAverify before the first call.)
  2. What was the result of your most recent AICPA peer review, and can we see the report?
  3. Who will be our day-to-day contact, and how often will we speak with the partner?
  4. How will you bill us: fixed fee, hourly or retainer? What is included, and what would cost extra?
  5. If we are a public company or broker-dealer: is the firm registered with the PCAOB, and what did its latest inspection report find?
  6. Who prepares our returns and who reviews them? Is the reviewer a CPA or an enrolled agent?
  7. Which accounting software do you work in, and do we keep ownership of our books and login?
  8. Do you prepare and review work-in-progress (WIP) schedules?
  9. How many governmental audits under GASB do you perform?
  10. How do you approach inventory observation and costing?