Accounting Workflow Consulting

I help companies develop clear accounting work flow for maximum efficiency.  Poor accounting workflow can lead to missed deadlines, employee frustration, audit deficiencies, cash flow issues and late financial statements. My key areas of focus include:

  1. Develop and document clear accounting policies and procedures in the areas of:
    • Banking and cash management
    • Asset management
    • Inventory management
    • Payroll and Human Resources
    • Accounts Payable
    • Accounts Receivable, credit and collections
    • Budgeting and strategic financial planning
    • Cash Flow management
  2. Establish a standard, timely and useful financial reporting package.
  3. Establish a clear system of work flow to reduce redundant processes.
  4. Create month end and year-end closing procedures.
  5. Identify a clear chain of authority.
  6. Identify and document each accounting department employee’s responsibilities and expected job outcomes.
  7. Identify and correct weaknesses in internal control.
  8. Implement clear paperwork flow for maximum efficiency.
  9. Develop forms and tools.
  10. Train staff in new procedures.
  11. Proper archival of old records.
  12. Establish cost center accounting and managerial reporting.
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