Businesses that aren’t large enough for a full-time CFO or Chief Financial Officer, often rely on a controller or bookkeeper to keep the CEO informed on financial issues. They should consider the value of an outsourced CFO instead or in addition to their in-house financial management.
Far too many businesses rely too heavily on either a professional bookkeeping company or an in-house bookkeeper. Asking them to provide annual tax returns, cash-flow analysis, or long-term financial planning isn’t likely to give you accurate control of your company’s financial situation.
A bookkeeper is not usually a CPA. A licensed CPA is required to have 150 semester hours of education (most usually earn a Bachelor’s Degree) before they can even take the CPA exam. While bookkeepers learn the ins and outs of record keeping and book entries, a CPA’s training includes accounting, finance, and business training.
As an outsourced CFO, Mike Goossen can provide your organization with insights into your organization’s financial health, cash-flow monitoring, and financial reporting and planning.
Decisions which will have a financial impact on your company and on the employees who will need to work side by side with each other.
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