Aiding clients across industries with outsourced accounting services, bookkeeping, and virtual accountants
See if this sounds like your organization: Your field changes constantly and moves at the speed of light. To remain ahead of the competition your operation must remain flexible and make sound strategic decisions quickly.
You are spending most of your time managing your staff and working out ways to stay near the top of the pack in your industry. That leaves very little time for you to make sure your accounting staff is keeping up with the many changes in regulations that come through annually and to focus on better financial strategy and procedures.
If that situation sounds too familiar, you’re not alone. Most of our clients had the same problem before they outsourced their accounting services to us. Now, they breathe a sigh of relief during and at the end of every month.
They know that our professional accounting staff is taking care of transactional, reconciliation, and financial statement preparation services to satisfy their requirements.
We offer a full range of accounting services, including bookkeeping and tax accounting, GAAP compliant accrual accounting, job cost accounting, Controller and CFO services, and Tax Services.
For smaller businesses, we offer complete outsourcing of their accounting operations. For mid-size businesses, we offer complete outsourcing or a managed accounting solution, in which we oversee and manage the firm’s internal accounting function — providing guidance and advice on how to improve procedures and outcomes.
How Outsourced & Managed Accounting Works
You’ll choose whether to have us host your accounting database or to host it yourself.
You’ll give us your database or access to your transactions, if you maintain the data.
We’ll manage your accounting system and process transactions.
We’ll meet with you regularly to review financial statements and tax liabilities, answer questions, and make recommendations.
Why Choose Outsourced & Managed Accounting Services?
The simple answer is to save money and focus on what your organization does best.
A recent Outsourcing Institute member survey found five main reasons why clients outsourced their accounting functions:
Reduce and control operating costs.
Improve company focus on core competencies and growth.
Gain access to world-class capabilities.
Free internal resources for other purposes.
Obtain resources that are not available internally.
The CPA Department maintains the expertise necessary to navigate clients through the maze of changing regulations and expectations from government agencies. Because our focus is on these details, we can manage or completely handle all of our clients’ accounting in a more efficient manner than they can do so themselves.
This, in turn, leads to predictable costs that clients realize from our fixed monthly fees and savings from not needing as many (or any) internal accounting staff and related overhead. On top of that, they don’t have to spend the time or go through the effort to recruit, hire, and train new accounting staff.
In addition, many clients can’t justify maintaining a full-time CFO or Controller. This level of expertise isn’t needed on a daily basis but is required for high-level tasks and occasions, such as presenting to the board of directors, negotiating with bankers and finance sources, planning mergers or major equipment purchases, and analyzing or interpreting results for stakeholders and shareholders. Many of our clients call on us to handle their part-time CFO or Controller function. To learn more, please click to this page: Outsourced CFO Services.
Our most popular services are day-to-day, month-to-month bookkeeping and accounting services that include what every business needs:
Monthly, Quarterly or Annual accounting services and financial statement preparation
General Ledger Account Reconciliations
Vendor Bill Payment
Fixed Asset Tracking and Depreciation
Business Property Tax Returns
Sales and Use Tax Returns
Business and Personal Income Tax Returns
We also specialize in accounting system support and integration – meaning we can help you evaluate your current accounting system and whether its adequately meeting your needs. We can also help you identify new systems if it’s time to move to a more or less sophisticated accounting system. We will assist you in the setup and implementation of a new system, and incorporate our accounting services, and your internal procedures, into your chosen accounting system.