Accounting Consulting

SERVICES TO HELP YOUR BUSINESS FLOURISH

VIP Accounting Consulting Solutions amplify control, accuracy and timeliness within your organization’s accounting functions.

Control Accounting Consultation
  • 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

Accuracy Accounting Consultation
  • 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

  • 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

Timeliness Accounting Consulting
  • 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

  • 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

  • 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

Accounting Case Studies

Project Leadership