1 – Financial Consulting: Making Dreams Reality

  • Plan pricing structure
  • Strategize cost of goods sold to better ensure profit
  • Discuss what’s needed to make future projects profitable

2 – Corporate Accounting: Gathering Puzzle Pieces

  • Record daily transactions
  • Reconcile accounts for month-end close
  • Invoice clients and apply payments to invoices
  • Accounts Receivable follow-up and analysis
  • Payroll Processing

3 – Budget Tracking: Staying Profitable

  • Build budgets for potential projects
  • Track budgets weekly to ensure project profitability
  • Warn if project is about to go over budget

4 – Ratio Analysis: Overall Financial Health

  • Liquidity – shows the firm’s ability to pay off debts as they become due
  • Asset Management – also known as efficiency or activity ratios that evaluate how efficiently management uses resources and how much activity is generated from assets
  • Debt Management – shows the extent to which a company finances its assets with debt
  • Profitability – shows the combined effects of liquidity, asset management, and debt on operating results
  • Market Value – The stock market’s assessment of the company as an investment

5 – Common Size Analysis: Cutting Costs

  • Uses historical data to point out financial trends
  • Helpful with finding ways to cut costs
  • Keeps track of increases and decreases in gross profit