If your business can’t afford the significant financial commitment it would take to hire a full time CFO, we have the answer. Bring us in to develop the financial information you require to make the most informed business decisions.
This starts with the analysis of your previous results of operations and a review of your budgeting process. Of course, we understand that the timeliness and accuracy of your financial reporting may need improvement, and your budgeting methods may not be the most up-to-date. If they are, you probably don’t need us anyway.
We also offer all of the standard stuff:
· Cash flow projections and monitoring
· Cash management
· Assistance in obtaining bank financing
· Staff training
· Liaison with business service providers (banking, insurance, vendors, etc.)
· Tax strategies
· Whatever else YOU feel you need to maximize your business results
With the depth and breadth of our experience, we can quickly analyze your company’s needs and determine how our skills will benefit you.
Accounting & Bookkeeping Services
Your business may have grown beyond your (or your partner’s, or spouse’s) ability to maintain your company’s financial records, but are not yet ready to bring someone in full-time, we’re the solution.
We’ll maintain your books and records, including:
· General ledger maintenance
· Bank reconciliations
· Financial statement preparation
· Accounts receivable
· Accounts payable
· Payroll processing
This may even be a temporary solution until you can find the right person to take over these responsibilities full-time. We’ll even help you prepare a job description, as well as screen and interview applicants.
Call us, you’ll wonder why you hadn’t done this sooner.
Tax Return Preparation for Businesses and Individuals
Most tax preparers will promise you large refunds. We can’t do that, as we don’t know what your present tax situation is. We can, however, promise you all of the deductions and credits that you’re legally entitled to. We will do our best to make sure that nothing is overlooked.
In addition, we will be able to anticipate potential problems and propose solutions that will enable you to finish the year with the lowest possible tax bill. You can take comfort in the fact that we’ll be here all year to answer your questions.
We’ll take you from "A" to "Z." We’ll help you determine the type of business entity you should form in addition to setting up all of your financial information systems. We’ll also be your liaison to the outside business world.
We’ll help you prepare an effective business plan that will present your vision to potential investors in the best possible light.
Who knows, maybe we’ll take you public in a few years. We’ve done that before.
We will help you design and document your accounting (and operational, should you so desire) policies and procedures. The importance of a well thought out set of policies and procedures cannot be underestimated. All business owners want the security and confidence that their company is operating under a set of policies that insure its assets are safeguarded to the maximum degree. Sound operational policies should provide the assurance that your company is operating at peak effectiveness.
We will most often start by documenting your current procedures and then suggest what improvements should be made. We will also identify potentially overlooked areas. All of this will be done with the realization that separation of duties (a primary principle of internal control) may require the involvement of more staff than you presently have. In these instances, we will design procedures that take advantage of the personnel you do have and advise you how to improve controls as you grow and bring on more people.
We will then develop a reasonable, practical, document specifying not only what should be done, and how, but also why.
Are budgetary restrictions preventing you from exercising your contractual rights to review the books and records, or operations, of a vendor, customer, or partner? Perhaps you’re just wondering how effectively your own remote operations are doing.
With your help, we will design an effective audit program, and perform an audit that will answer your questions and allay your fears, or we will validate your concerns and work with you to correct any problems that we find.
Have your audits been unpleasant experiences in the past? Do you feel you’re adequately staffed, but during audit time there aren’t enough hours in the day for your accounting department to finish its work AND answer the myriad of questions your auditors have? Are you new to the experience of having your financial statements audited?
We will act as your “audit runner.” We will communicate with your audit firm and insure that you are ready BEFORE the audit starts. We will prepare or accumulate the information your auditors need with the minimum burden to your staff. We’ll even gather supporting documents (such as invoices, shipping documents, etc.), although that may not be the most cost effective use of our time.
The cost of your audit should be reduced beyond our fees.
During this process, we will also review your procedures and make recommendations for you to be “audit prepared” all through the year, so year-end will be just like any month end or quarter end. With the proper procedures in place, you probably won’t need us next year!!!
If there’s anything you feel you need that we haven’t covered above, call (or write) us. We’ll be more than happy to help.
