Financial Planning and Analysis
Our accountants have designed this financial planning and analysis service for strategic leaders and business owners who need comprehensive details without investing too much of their personal time analyzing the business performance, where the revenues are coming from, how much it is costing, where the money is going, product line analysis, geographical analysis, sales force analysis and more. We provide the necessary metrics for financial comparison to prior years, to budget and to other forecasts.
Business Budget
The business budget package is performed by our accountants for companies and owners who have their accounting function covered but are short on financial staff, business accounting experience and time to create a diligent, reliable and realistic budget. Businesses who have grown to a point where they need to have a formal business budgeting exercise without increasing their financial and accounting staff or without taxing the existing financial staff beyond their capabilities or business budgeting expertise find exceptional value in this contract budget strategy.
Monthly Business Financials
Every month end our team of accountants closes the books for your company and prepares monthly financial statements for your business; this contract CFO type package is for organizations who have the bookkeeping function and bookeepers, but do not have the business accounting resources or transactional volume for a full time controller or CFO. With our experienced accountants we provide you the intellectual benefits of a skilled and experienced CFO staff or controller staff at a fraction of the cost of hiring a full time employee; your business will enjoy the decision making advantages of having monthly financial statements delivered to management or the business owners.
Accounts Reconciliation
Our Account reconciliations are for companies and businesses who want to reduce the accounting department's workload and their staff headcount in their finance function; our accounting professionals provide the account reconciliation package based on your own unique business management needs. This account reconciliation package consist of reconciling the main general ledger accounts like cash, accounts receivables and accounts payable; your business may request additional accounts to be reconciled depending on their particular line of business, or current needs.
Inventory Management and Accounting
Inventory management is typically a source of financial headaches for internal accountants and directors in many companies; complicated management decisions with inventory write offs, obsolete inventory, slow moving inventory reserves, inventory control, inventory levels, valuation, adequate collateralization, warranty tracking, accounting for warranties and many more affect a business' financial statement performance and sometimes they could mislead owners and creditors.
Fixed Asset Tracking and Accounting
Proper fixed asset tracking and accounting treatment, account categorization, depreciation, and financial reporting of fixed assets are critical to prepare accurate and reliable financial statements, successful audits, capital expenditures forecasting, cash forecasting and due diligence exercises. With clear accounting detail and summary level data of your company’s assets, BRH accountants provide the framework for managing your assets from a maintenance, accounting audit, lifecycle, physical audit and strategic planning perspectives.
Project Valuation
Project valuation exercises provide the financial metrics and decision support to grow your operations in a profitable and sustainable way; our project valuation team of accountants performs this service for growing companies who need to make strategic investments, market share investments or new market penetration investments. Not only is the BRH project valuation package useful to anticipate future earnings from the project, cash needs and financially justify new ventures, but it also sets a roadmap for capital spending and depreciation requirements in future years.
Due Diligence Response
BRH accountants have designed the due diligence response package for organizations being merged, acquired or for retiring owners who will arrange an earned out structure. External stakeholders like banks, investors, and others make financial information requests and requirements on organizations to ensure their target company is adequately represented on its financial statements and their interests are well covered in a financial transaction.
Due Diligence Package
This due diligence package is for organizations acquiring or merging with other companies. As your organization is planning a transaction the due diligence process is necessary to ensure that your target company is accurately represented to you and your risks are mitigated.
Cash Funding Requirements
As your organization gets new endeavors off the ground, lenders and potential investors will require clear understanding of cash needs requirements as well as milestones and performance metrics to release funds. Clearly understanding and articulating your short and long term cash needs, business cycles, cash sources and uses is the first critical step to your request...
Loan Maintenance
The loan maintenance package from BRH accountants is designed to benefit companies and their creditors by making a review of the company’s operations,accounting methods, finances and its management practices. BRH consultants will ensure loan renewal processes are given adequate time to be planned, communicated and it will increase the confidence of the company's accounting practices and business fundamentals to both parties in the business relationship. Loans requiring maintenance from the BRH accountants or consultants include operational loans, revolving credit loans, private funding, SBA Loans, working capital loans and revolving lines of credit.
Distressed Loan Package
Critical company situations like a distressed loan require a sound strategy , a clearly defined set of goals, disciplined execution and the ability to manage the expectations of all the stakeholders. The BRH team of accountants has developed a systematic, multiple phase approach to these situations where the company's diagnosis and cash control are the first priority; then our accountants progress to a system of internal controls and productivity improvements followed by the implementation of key performance indicators.
Pre Accounting Audit, Pre Review Package
Preparing for an external or internal audit can cause disruptions to an finance team and to a company's established schedules and deadlines. The important nature of the audit process as a regulatory exercise for publicly traded companies and non-profit organizations trickled down to almost all sizes of companies. Proper preparation, data alignment, and an experienced accountant to work with the auditors as their primary contact and client advocate is advantageous to every party involved.
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