Our Outsourced Accounting Services

• Review and analysis of financial systems, current practices and staff.
• Recommendations for process improvement, implementations and guidelines
• Establish or review of processes and procedures
• Assistance with creating budgets and projections that can aid in planning for the future
• Accounting Department Management: Ongoing, experienced help with procedures, reports, people management, and accounting issues
• Creation or review of month-end closing processes and checklists
• Support, leadership, and/or execution of daily accounting activities including A/P, A/R, payroll, billing, and credit and collections
• Coordination with outside vendors (banks, leasing companies, insurance, CPAs, etc.)

• Assistance with preparing and understanding the audit, review, and compilation processes and requirements
• Assistance in compliance with requests for documents and information
• Direction, and personnel if needed, to handle any updates or completion of accounting information that may be necessary before an audit begins
• Coordination with outside vendors (banks, leasing companies, insurance, CPAs, etc.)
• Assistance with pre-audit financial statement preparation (including reviewing working papers for submission) and assist accounting staff with audit requests

Broken processes cost you time and money. We can work with you to identify, analyze and improve existing processes and improve your performance and results.

• Review and analysis of financial systems, practices, and staff followed by a strategic action plan detailing recommendations for improvement
• Process improvement, implementation, and guides
• Assistance with accounting system selection, including add-on selection process (3rd party tools)

Establishing your company’s financial processes correctly will save time and money in the long run. iThinQ Consulting’s outsourced CFO services will help you set up your business correctly from the start.

• Establishment of financial controls that make sense
• Review of regulatory issues to stay compliant
• Establishment of appropriate procedures and processes
• Risk Management and Compliance

Financial forecasting and modeling can improve your business decision-making.

• Business financial projections and forecasting
• Creation of budgets
• Establish and manage Key Performance Indicators (KPIs)
• Risk Management and Compliance: iThinQ Consulting can serve as a liaison with your audit and legal teams to maintain compliance

• Cost analysis and reorganization support
• Expense reduction programs
• Vendor analysis
• Creation of alternative scenarios

• Cash flow analysis
• Establishment and/or review banking relationships
• Review of cash management, fees, and costs
• Perform metrics and analysis

• Mentoring and coaching for your current accounting department
• Training on best practices where needed