Outsourcing services include:
- In-house or out of house reconciling of accounts and preparation of management, internal-use financial statements on a monthly or quarterly basis.
- Internal controls and accounting system oversight
- General accounting clean-up when it is needed
- Accounting system development and training of client personnel
Benefits to client:
- Clients receive timely and accurate financial information to make informed decisions
- Clients have the ability to access upper-level accounting skills without having to add the fixed cost of a full-time controller.
- Many of the internal control weaknesses present at smaller organizations are completely eliminated by outsourcing, thereby minimizing the ever-present threat of errors, omissions, fraud or other defalcations.
- Clients gain an extra layer of security knowing that their accounting will be overseen by qualified professionals.