What We Do
After an initial evaluation, we will agree on which areas below are right for your company for Survival CFO to investigate and report upon.
Evaluation & Selection
Accounting & Accounting Compliance
- Reconciliation of Bank Accounts
- Reconciliation of Inventory Accounts
- Reconciliation of Prepaid & Accrual Accounts
- AR & Dunning Processes & Subledger to Ledger Balances
- AP & Payment Processes & Subledger to Ledger Balances
- Intercompany Transactions & Subledger to Ledger Balances
- Other Balance Sheet Account Reconciliations
- Financial Closing Process
- Internal Reporting Process
- Bank Covenants Reporting Compliance
- GAAP Compliance
- Sales Tax Process & Compliance
- Cash Flow Stress Test
- Embezzlement Investigation
Human Resources & HR Compliance
- I-9 Documentation
- Employee File Maintenance
- 401k Fiduciary Responsibility
- 401k Summary Document
- New Hire Interview Process
- Employee Performance & Review Process
- Employee Disciplinary and Termination Process
- Employee Handbook
- Employee Benefit Analysis
Other Areas of Service
- Key Vendor & Service Provider Referrals
- Corporate Insurance Analysis
- Contract Negotiations
- Economic Development Reporting Compliance
- Ongoing Fractional CFO Service
- Ongoing Bookkeeping Service
Our Process
1
Action
The analysis and investigation period will commence at the agreed upon time.
2
Report
We will report our findings to the ownership along with proposals on how to solve the challenges before they become problems.
3
Implementation of Solutions
The client is welcome to implement any or all of the proposals presented. If assistance is requested from Survival CFO on implementing these Best Practices, further scope will be determined.
4
Regular Spot Check
Survival CFO recommends a quarterly or annual spot check to ensure that all processes are being followed and / or fine-tuned.