Outsource Controller and CFO Functions
fk advisors provides provides various levels of outsourced Controllership and CFO services to a variety of clients. These services may be performed onsite at the client's office or at our office, utilizing current technologies for transferring information and data instantaneously. Following are some of the services available for privately held companies.
- Accounting Systems
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- Establishment of accounting systems, procedures, and internal controls
- Selection of initial accounting software package
- Personnel
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- Hiring and supervision of accounting personnel to support your finance business units
- Financial Statements
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- Ensure accrual accounting procedures are in accordance to FASB and GAAP
- Ensuring revenue is recorded when earned not received
- Ensure expenses are recorded when owed, not paid
- Analytical review of all financial results - budget vs. actual
- Explanation of all variances in the company’s annual report
- Revenue and profitability analysis
- Overseeing Accounts Receivable aging reports to ensure company gets paid in a timely fashion
- Overseeing Accounts Payable to avoid incurring working capital charges for late payments
- Company Operations
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- Overseeing the accuracy of journal entries that are reported in general ledger accounts
- Tax Return Preparation
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- Coordinating and ensuring timely execution of payroll tax returns and reports
- Overseeing the preparation of personal property and sales tax returns
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