Outsourced controller. Any which way but loose.

When it’s important for financial statements to be accurate, you need a Controller.

What do you mean?

When providing financial statements to banks, agencies, and third parties, companies want to put their best foot forward, avoiding embarrassing and public mistakes in financial reports. Controllers are experienced accountants and experts in compliance and historical recordkeeping.

We provide Controller services supporting clients to ensure the month-end close process runs smoothly, financial reports are delivered on time, balance sheet accounts are reconciled, and accrual entries are posted accurately.  Our Controllers partner with clients to provide oversight and guidance. We provide the comfort and confidence of having an expert on your team, so you can sleep at night.


You have it all wrong.  GAAP compliance.

GAAP compliance can slip under the radar of business owners before financial statement audits are required. It is a vital part of providing quality financial statements to banks and other organizations.  We work with clients to adopt common GAAP standards for quality financial statement preparation.


Don’t forget about me.  Accruals. 

In order to comply with GAAP, adjustments for revenue that have been earned and expenses that have been incurred,  yet not recorded in the general ledger, must be calculated and recorded. These accruals are made via adjusting journal entries at the end of each accounting period, so the reported financial statements are inclusive of these amounts.


Building to the finale.  Month-end close.

Monthly freeze-frame.  We perform a series of scripted steps to review, record, and finalize account information in preparation for issuing financial statements. This ensures accounting data is organized, accurate, and all transactions for the monthly period are captured.


Keeping the balance.  Reconcile general ledger accounts.

Through repeatable and scalable processes, we ensure all balance sheet accounts and sensitive income statement accounts are reviewed and reconciled routinely to maintain the integrity of the general ledger.


Just the facts.  Financial reports. 

We provide relevant financial reporting to include the basic three financial reports: Balance Sheet, Income Statement, and Cash Flow Statement.  Metrics and customized reporting are also provided to highlight the information most important to each of our clients.


What are covenants and why is the bank asking me for them? 

A loan covenant is a condition in a commercial loan or bond issue that requires the borrower to fulfill certain stipulations and meet ratio requirements.  A loan covenant may also forbid the borrower from undertaking certain actions, like taking cash distributions unless conditions are met.  We help calculate, track, and report loan covenant information and ratios to our clients and their banks.


One size does not fit all. The abacus is no longer an option.   

Accounting systems.  Have you outgrown your current accounting system?  Manual workarounds are time-consuming and insufficient for management decision making.  We help define requirements, evaluate available system options and make the best choice.  With deep expertise in a number of systems, we quickly understand and outline the benefits of each option.  The best solution meets business needs now and for the future without overcomplicating processes or overspending.

Post selection.  We support clients throughout new system implementations by providing project management, system testing, additional staffing, and configuration services.  We’re here to help.


Sales come at a cost.  Sales tax and reporting. 

Sales tax is complicated, and the rules are changing at a rapid pace. States are enforcing strict requirements that impact most businesses and make old sales tax processes obsolete. The good news – implementing the right sales tax procedures will reduce costly risks and can save your company thousands of dollars each year. Our sales and use tax services solve your unique pain points, from nexus exposure and compliance burdens to overpaid or underpaid sales tax and audit risks.


If you have a need for an Outsourced Controller, give us a call to learn how we can help.

Receive our Newsletter

We'll send you information about changes in regulations and other accounting and taxation news, along with details on our services and how we work. Your email address will NOT be shared, and you can unsubscribe anytime.

What Our Clients Say About Us

Fractional CFO Services


Privacy Policy

© 2020 CPA Department