--- title: "Services" url: "https://ithinqconsulting.com/services/" post_type: "page" date_published: "2022-12-29T01:38:18+00:00" date_modified: "2023-04-07T20:51:12+00:00" --- # Services Our Outsourced Accounting Services We provide a one-stop shop for expert outsourced accounting, business intelligence, and CFO services. Controller Consulting Services iThinQ Consulting uses both a strategic and tactical mindset, managing the small details as well as the bigger picture to help your small company or startup grow. Accounting Operations Proper accounting operations provide accurate and timely financial information. Let iThinQ Consulting manage your small business accounting services to keep your financial house in order. 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.) Audit, Review, & Compilation Support and Management Reduce the cost of CPA engagements by starting out prepared and providing accurate documentation with timely responses. 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 Systems and Processes Assessment 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) CFO Consulting Services CFO services for small businesses can include everything from managing cash flow, to strategic analysis and advisement. Whether you run a newer business or a mature one, hiring a part-time CFO is the most cost-effective way to ensure your financial operations are in order. Startup Support 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 Modeling, Forecasting, Metrics and Analysis 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 Strategic Profit Analysis & Optimization Sometimes assessing your business to figure out what’s blocking profitability can be challenging from the inside. Sometimes a single factor can be the keystone to significantly increase profitability. Often, many small changes must be implemented over time, and having an advisor to help steer you in the right direction is essential. Cost analysis and reorganization support Expense reduction programs Vendor analysis Creation of alternative scenarios Cash Flow Management iThinQ Consulting assists with determining where your money goes and supports you with managing cash flow. Cash flow analysis Establishment and/or review banking relationships Review of cash management, fees, and costs Perform metrics and analysis Staff Development Mentoring and coaching for your current accounting department Training on best practices where needed “David brings a remarkable strategic partnership mindset that can elevate any company’s business financials.” Serena Bell Executive Compass, Founder / CEO “We appreciate what [David] does for QOL Corp and look forward to working together in the future.” Joseph Jones QOL Corp, CFO and COO “David has worked with us for over 15 years...We highly recommend David.” Mike Rye Ryebuilt Construction, CEO Why Trust Us With Your Small Business Financials? Whether you run a hospital, hair salon, or daycare, iThinQ Consulting can help make sure you’re making every dollar count. Experience With 16 years in public accounting, owner David Kvendru, CPA, CCMA has helped hundreds of businesses optimize their businesses so they can make profits soar. Excellence David Kvendru’s accomplishments include serving as CFO of San Diego Association of REALTOR® which operates a $14M budget, managing daily cash flow for multiple companies totaling $18M annually, and saving companies significant amounts of money through optimizing and implementing procedural changes. Expertise As a Certified Public Accountant and Chartered Global Management Accountant, David Kvendru has demonstrated advanced knowledge and competence within his field. He holds an MBA, serves on multiple professional associations, is a professor in his field, and has received recognition for his achievements. Ready to learn more about how we can help your business? 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