Professional Documents
Culture Documents
Controller/CFO Services
Accounting Services
Bookkeeping
General Accounting
Software Assistance
Our Professionals
Tim Garrison, CPA
317-572-1227
timg@thecontrollershipgroup.com
Tax Services
Corporate Taxes
Personal income taxes
Sale and Property Taxes
These 5 keys all work together and have major impacts on each other
Beginning cash +/- cash provided or used in operations +/- cash provided or
used from investing +/- cash provided or used in financing = Ending cash
Total of these transaction will show cash used or provided from financing.
Beginning cash +/- cash provided or used in operations +/- cash provided or used from investing +/cash provided or used in financing = Ending cash
Internal Controls
Document business processes, policies and procedures
In order to be assured that what you are looking at in your financial statements are
real numbers you will need systems and controls in place to timely record
transactions and insure the accuracy of the information
Documentation of your business process, development of policies and procedures
will help insure consistency and accuracy.
Do you know how sales get recorded? How are cost tracked and recorded in
inventory? How is inventory relieved when sold? Are there systems in place to identify
old or obsolete inventory? When does an outstanding A/R require a phone call? Who
signs checks? Who does the bank reconciliation? Who approves new vendors? ETC
This will require some time and thought but without controls how will you manage
your business or measure your performance you can not do it all despite what you
may think.
You need to manage your business not let it manage you..
Accounting Services
Bookkeeping
General Accounting
Software Assistance
Tax Services
Corporate Taxes
Personal income taxes
Sale and Property Taxes