- Virtual CFO Services
- Forensic Accounting
Accounting Services for Small Businesses
Technology has allowed small and medium sized business to serve national and global markets. No longer are they confined to their specific geographical region. Utilizing service-based companies has helped streamline business.
Accounting services is an area where these businesses have benefited. Skilled accounting experts that offer services at a fraction of the cost of a full-time accountant.
At Hovland Forensic & Financial, our accounting services are staffed by CPAs and professional accountants. We offer a wide range of services from CFO, Controller, and bookkeeping, all done virtually. With fixed pricing, our accounting services are ideal for companies between $500,000 and $10+ million in revenue.
What are outsourced accounting services?
Outsourced accounting services represent the same level of accounting you would receive from full-time staff, at a fraction of the cost. Our outsourced accounting services are all reviewed by a CPA, and our higher-level services are also reviewed by a forensic accountant. Expert knowledge at a fraction of the cost.
Accounting services we offer:
Our virtual accounting manager works closely with your bookkeeper or staff accountants and helps check the accuracy of the financial information as well as produces financial statements that you can give to your banker or shareholders. Average client size for this type of service is less than 10 employees. The accounting managers work is overseen by a CPA.
- Month End Close
- Core Financial Statements
- Scheduled Meetings
Our fractional controllers (virtual controllers) work virtually and provide proactive guidance for you and your staff. They work hand in hand with your accounting staff as well as your in-house CFO. Average client size for this type of service is 10 – 20 employees. The controller services include all of the services from the Accounting Manager plan plus:
- Company-wide KPI
- Break-even Analysis
- Free Cash Flow
- Financial Levers
- Pipeline Report
Our fractional CFOs (Virtual CFOs) work virtually and provide strategic guidance for you and your staff. They become part of your C-Suite team. Average client size for this type of service is 20+ employees. The CFO services includes all of the services from the controller services plus:
- Performance by Project
- Team Member Performance
- Customize Department Reports
- Debt Planning and Reduction
- Bank Relationships
- Resource Planning
Virtual bookkeeping is the same as traditionally bookkeeping, but with one distinct advantage—the small business owner has access the expertise of an accountant no matter the businesses location. With virtual bookkeeping, the owner has access to real time information and is not tied down to one location.
With this service, our accountants:
- Keep records clean and up-to-date with the latest accounting standards.
- Provide the tools needed to produce accurate financial statements.
- Provide a solid foundation for accounting records.
Our pricing is up front and fixed for one year. We meet with you to find out what your needs are and adjust accordingly. If you don’t need it, you don’t pay for it.