Financial & management accounting in the USA

Bookkeeping services, Reconciliation, Books Cleanup & Year-End Adjustments, Invoicing, AR/AP Management, Strategic Reports, Budget & Variance Analysis

Accounting…. Simplified!

Financial Accounting is a necessity of any business not only for tax filing but also to get some valuable piece of information on how your business is doing. The financial statements, at the end of the accounting cycle, give you first hand information on the operating efficiency and financial strength of your business.

Paperless

Just share your bills / receipts and bank / credit card statements on Document Management System and that’s it. Rest is our job!

Invoicing, diy

We will configure invoicing for you. Prepare and email professional looking and sophisticated Invoices to your Clients from your laptop or cellphone!

Anywhere, anytime access

Online Accounting Software lets you access your accounting data anywhere, anytime, no matter you are at your office or home from laptop or cellphone!

Accuracy & attention to detail

100% Accuracy and complete attention to micro level details in our approach to work gives you total confidence on your accounting records.

Flexible update

Get your accounting records updated at your desired frequency, may it be daily, weekly, fortnightly, monthly, bi-monthly, quarterly, semi-yearly or yearly at your choice.

Scheduled reports

Select from wide range of accounting reports and we will have them delivered in your email at your scheduled time and have complete control on your financial information.

Accounting Is Our Passion More Than Our Profession…

Ambition comes from passion. Finding what we love and then expanding on that takes us to become the Global Accounting Hub serving as many as six countries, Canada, United States of America, United Kingdom, Singapore, Australia and India and still counting.

Your own virtual cfo…

This is our specialised service aimed at helping you focus on your core activities, your business development by providing support in managing your non-core activities like invoicing, payroll management, AR & AP management including collection report, payment reminders, vendor payment alerts, cash flow forecast, timesheet and expense sheet approvals of your resources, budgets and variance analysis and supplying periodical strategic reports to help you gain insights in how your business is doing.

Management Accounting... An Unavoidable Non-Core Activity!

Management Reports can dramatically change your business with strategic inputs. Virtual CFO is the most suitable arrangement for any Small & Medium Businesses as it provides the required flexibility coupled with savings in the cost still keeping the business equipped with needed management reports.

Choose What Is Best For You

01

Do your management accounting yourself and compromise on your time you need to spend on business development

02

Hire a full time Management Accountant or CFO at a huge cost though you don’t need a full time resource

03

Outsource Management Accounting through Virtual CFO, save cost and focus on your core business Check out what best works for you.

Why You Need Professional Accounting Services?

As businesses grow and expand, their financial responsibilities become increasingly complex. Properly managing finances is critical to the success and sustainability of any organization. This is where professional bookkeeping services come in. Bookkeeping is the process of recording and organizing financial transactions, which helps businesses track their financial health and make informed decisions.

One of the key services offered by professional bookkeepers is bank reconciliation. Bank reconciliation is the process of comparing a business’s financial records to its bank statements to ensure that all transactions have been recorded correctly. This process helps identify any discrepancies or errors that may have occurred, which can help prevent fraud and ensure accurate financial reporting.

In addition to bank reconciliation, bookkeeping services also include management reporting. Management reporting involves creating and analyzing financial reports to help businesses make informed decisions. These reports may include cash flow statements, profit and loss statements, and balance sheets. By providing businesses with a clear understanding of their financial performance, management reporting helps business owners identify areas for improvement and make informed decisions about future investments.

Services such as bank reconciliation, management reporting, and financial reporting are critical for ensuring accurate financial records and informed decision-making. By outsourcing bookkeeping services to professionals, businesses can focus on their core operations while leaving financial management to the experts.

FAQs

What is financial and management accounting?

Financial management accounting is the support most often associated with the Chief Financial Officer (CFO) and finance department of a company. These services primarily involve looking into the future by converting a business plan into a budget or financial model and helping a company manage its plan.

What is the major difference between financial management and accounting?

Accounting involves reporting past financial transactions in the meaningful form of financial statements, whereas financial management involves planning the future by analyzing and interpreting financial statements.

Which is better financial or management accounting?

One is not better than the other: they are two different jobs. Management accountants are responsible for providing data and information related to operating expenses while Financial Accountants prepare reports on the assets and liabilities of an organization.

Is the IRS financial or managerial accounting?

Financial accounting is a type of accounting that is focused on communicating the financial information of a company to external stakeholders, such as the IRS, creditors, investors or the U.S. Securities and Exchange Commission.