Accounting & Financial Reporting

Many growing companies do not have a clear understanding of how their businesses are doing and lack the information they need in a timely enough fashion to adjust their plans and actions to changing economic or industry conditions.  Many of these businesses do not have the budget for a seasoned financial officer or a strong back-office staff.  As such, financial functions are often performed by the business owner, who has the business know-how but not the skills of a financial professional or accountant.  Many businesses with great products, services, or entrepreneurial ideas have failed for a lack of strong financial oversight.

Our mission at CFO Strategies is to provide financial oversight and strength in an affordable way so that your business is protected, you can monitor business performance and can anticipate and adjust to a changing business climate.   Comprehensive, timely, and accurate financial reporting enables organizations to make better business decisions on a more timely basis.

Preparing financial statements and related schedules and analyses take time and require specialized skills.  Many small- to medium-sized companies cannot afford the cost of a full-time in-house CFO or a financial controller to perform this type of work. CFO Strategies offers the expertise and will tailor the types of the timing of services to meet a client’s financial reporting needs in an affordable way.  

Our standard monthly financial reporting packages include:

  • Balance Sheet
  • Income Statement 
  • Work in Process Schedule (with Profits by the job, over and under billings, and backlog)
  • Detail of Direct Overhead and General and Administrative Expenses
  • Analyses of financial results against business plans
  • Key Performance Indicators / Dashboards
  • Earnings Forecast
  • Cash Activity and Cash Flow Forecast
  • Debt Covenant Compliance Analysis
  • Aged Accounts Receivables
  • Aged Accounts Payables

How Can CFO Strategies Help You?

Financial statement preparation is one of many services we offer. CFO Strategies will tailor the nature, timing, and extent of services to meet your specific needs in an affordable way.  You can outsource our CFOs and controller-level accounting services in a way that meets your needs. We offer outsourced bookkeepers, too. When you use our services, you gain insight into where your company stands. What’s even better is that you get access to all of the services – from cash management support to professional development – without having to onboard CFOs or other pros to manage the process for you. We do it all for a fraction of the cost and all of the experience necessary.

Are you ready to learn more? Contact our team at CFO Strategies to learn more about our services.