Accounting Consulting

AMPLIFY CONTROL, ACCURACY AND TIMELINESS WITHIN YOUR ACCOUNTING FUNCTIONS

ACCURACY

Account Responsibility Alignment 
Align workforce to each trial balance account & measure performance.

Standard Reconciliation Template Formats 
Consistent presentation & expectations across the population of accounts & preparers

Task-by-task Close Calendar 
Implement detailed task by task process & calendar of close related activities

Review, Remediation & Approval Process 
Cadenced review, remediation and approval to fit the control needs.

Prepare Reconciliations & Schedules 
Extra manpower to prepare or catchup reconciliations & deliverables

Complex Accounting, Estimates & Reserves 
GAAP compliance for complex accounts (contingent liabilities, E&O, Bad Debt)

Global Accounting Standards 
Accessible expertise in IFRS & other global standards

Foreign Currency & Consolidations 
Consolidation, analysis of gains(losses) & Cumulative Translation Adjustments

Accounting Standard Implementation 
Conversion & implementation of new standards (606, 842)

Organization Rationalization, Rollups, & Winddowns 
Advisory of optimal legal entity organization structure, rollup & winddown processes

Audit Readiness Review 
Assess prior period deficiencies & current business activities to qualify readiness cycles

Prepare Financial Statements & Footnotes 
Prepare opinion ready financial statements & footnotes

Communication & Planning with the Audit Firm 
Plan deliverable preparation & testing period cycles to meet deadlines

Review Internal Controls 
Prepare internal control memos, assessments, & remediation plans

Preparation of Audit Schedules 
Drive deliverable preparation & auditor review cycles to meet deadlines

Technical Research 
Accessible expertise in US GAAP, IFRS & other global standards

Headcount 
Implement headcount payroll alignment to business units

Cash Flows 
Implement tracking & reporting of cash flow alignment to business units

Revenue / Receivables 
Implement product line or customer alignment to business units

Purchasing / Payables 
Implement vendor spend alignment to business units

IT & Communication Systems 
Implement technology stack alignment to business units

Overhead 
Implement facility & overhead alignment to business units

CONTROL

Process To Manage Daily Postings, Reconciliations & Reporting 
Reconciliation & reporting to facilitate decision making & expedite month end procedures

Cadence Of Process & Control 
Cadence driven processes that align with control needs fit to the business

Batch Volume Scaling 
Large batch transaction processing slimmed down to frequencies that fit the business

Daily Reporting 
Dashboards aligning goals & drivers to metrics & baseline data inputs

Role Tasking 
Task by task documentation to roadmap responsibilities and transfer to incoming leadership

Capacity Analysis & Recommendations 
Analysis of tasks and roles to assess capacities and identify opportunities for efficiencies

TIMELINESS

Task-by-task Close Calendar 
Implement detailed task by task process & calendar of close related activities

Acceleration Assessment 
Identify & implement close acceleration opportunities

Task-by-task Accuracy & Timeliness Assessments 
Task based scorecards to manage accountability

Process Improvement 
Assess, analyze & implement procedures in the collection, processing, & communication of financial information

Resource Capacity Balancing 
Rationalizing & balancing the tasks consuming your organization capacity

Close Process Program Management 
Coordinate close process tasks to ensure accurate & timely completion of close cycles

Acceleration Assessment 
Identify & implement close acceleration opportunities

Continuous Analysis 
Identify & implement close acceleration opportunities

Process Improvement 
Assess, analyze & implement procedures in the collection, processing, & communication of financial information

Standardized Reporting Formats 
Identify audience’s needs.  Implement ease of update reporting

Close Process Program Management 
Coordinate close process tasks to ensure accurate & timely completion of close cycles

Simple Communication
Simple concise tables, narratives, & graphs to support quick consumption of content

Project Leadership

Accounting Case Studies