Monthly Plan
This Plan is designed for business owners who need an oversight review of the company’s business and active guidance on financial decisions and activities.
This is a monthly service with a minimum commitment of 3 months. Over this time, I become your CFO. I will perform a review that could cover a wide range of areas depending on your particular situation or needs.
Example of activities are:
- Review bookkeeping entries and 3rd party reconciliations
- Make journal entries necessary for closing monthly books
- Prepare financial statements including Balance Sheet, Income Statement and Statement of Cash Flows
- Prepare variance reports comparing actual and budgeted income and expenses
- Monthly consultation with owner to review financial statements and to cover any business concerns and issues
The program includes time spent on site at your location. During this visit I will perform my evaluation and review work. I will also meet at least once a month with the owner to review current issues and present my findings. The remainder of the monthly work will be done at my office. Personnel designated by the owner will have email and phone access to me during normal business hours.
Quarterly Plan
This Plan is designed for clients who want a more comprehensive quarterly review of financials, accounting transactions and/or methods, budgeting and forecasting processes, analyzing particular business issues and strategies.
Example of activities are:
- Review of financial statements
- In depth review of actual expense vs. budget expense variances making adjustments if necessary
- Review trends of Key Performance Indicators (KPIs) such as income, budget variances, sales, number of customers
- Review EBTIDA
- Track progress on annual goals and objectives
- Update rolling cash forecasts and discuss differences
- Discuss business concerns, issues and possible plans
This program includes time spent on site at your location as well as work performed in my office. I will meet with the owner to review current issues and present my findings. Personnel assigned by you will have email and phone access to me during normal business hours.
Your plan will depend on your specific needs. I will provide a detailed scope of work that includes all services and related costs before beginning.
Getting Started
The first step will be to discuss your needs. This initial discussion is free. To schedule your evaluation, please contact me at mike@mobriancpa.com or 317-902-0151.