BUILD ON AMBITION - DELEVERING ON BELIEF
Virtual CFO services are provided to the businesses who have not appointed an inhouse CFO (Chief Financial Officer). It offers an immediate solution to the acute problems of Entrepreneurs/business entities at the initial stage of business towards business financial planning, setting up of accounts/finance department and Management Information System (MIS).
During upgrade/change over/exit stage of running businesses, with the advice & execution support of Virtual CFO Services providers, the business challenges are handled most effectively by availing their financial and professional advice, analysis, and support to the management in any concern area not limited to the finance department but business as a whole.
CFO is a recognized management authority which is sometimes out of budget for small enterprises, start-ups, and SMEs. Therefore, there is a requirement to have a virtual CFO. It is a way for small businesses to get CFO support that they would have not been able to afford previously
Preparation and Explanation of Management Accounts
Cash flow projections
Budgeting – interim and annual
Overview of Bookkeeping and Month end closes
Compensation designing
Debtor and creditor management
Project management of the financial component of new ventures
Compliance management – Corporate, Taxation and Listing laws
Review and assessment of internal controls