ACCOUNTING SERVICES & DEPT. OVERSIGHT
*These services are typically performed on a monthly basis:
- Oversee/Manage/Advise the accounting department & related functions. Evaluate for accuracy and effectiveness
- Journals review & corrections
- Oversee and assist, as needed, the accumulation and consolidation of all financial data necessary for an accurate accounting of total business results
- Accurate period end closings to facilitate relevant and meaningful reporting and statement presentation
- Align Revenues to Expenses(Fin. Reports are useless until revenues and expenses are matched/aligned in the proper periods)
- Other accruals, adjustments, etc.
- Manage & maintain the accounting system, coordinate with provider/developer as needed.
- Internal Controls – Specify/Verify/Audit for effectiveness
- Chart of accounts maintenance & oversight
- Independent account reconciliations(good internal fraud control measure)
- Coordinate with outside CPA
OTHER ACCOUNTING SERVICES
*These services are typically performed on a monthly or quarterly basis:
- Full service bookkeeping
- A/R collections procedure development & oversight
- Independent account reconciliations
- Sales tax oversight and assistance
- Income tax liability estimates and funding plans
- Recommend accounting function improvements, implement new processes where necessary
- Insurance internal/external audits, earned premium monitoring & reporting
- Oversee regulatory reporting
- Tax Preparation(through partners)
