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Our Services

Financial Accounting
& Reporting Services

As a business leader, it's crucial to have access to timely and reliable information to make informed decisions for your organization.

Our experienced and certified team of accountants are here to provide you with valuable insights for your business. We'll help you understand your revenue, costs and profitability, both location wise and service line wise. Think of us as your financial allies, always ready to pinpoint areas that need a little extra attention and take steps to enhance your overall business performance. With us by your side, your business is in good hands!

Financial Accounting & Reporting Services

Accounting Services

>    Bookkeeping
>    Bank Reconciliations
>    AP & AR Management
>    Month Close
>    Payroll Management and Reporting
>    Financial Statements
>    1099 Preparation

Controller Services

>    Design Chart of Accounts
>    Cash Flow Management
>    KPI Metrics
>    Budgeting
>    Variance Analysis
>    Risk Management
>    Revenue Recognition
>    Audit Support
>    Taxation and tax notices
>    Cost Control

CFO Services

>    Financial Planning and Analysis
>    BOD Reporting
>    Assistance with Raising capital
>    Forensic Audit
>    Business Valuations
>    Regulatory Compliance
>    Consolidations
>    Performance by Location Analysis
>    Performance by Department Analysis
>    GAAP and IFRS

Success Parameters

Precision accounting, seamless reporting, total control!
Correct
Submitting month close Financials by
4th Business Day
Correct
Lowered Business Insurance
Costs by 30%
Correct
Reduced Operating
Costs by 25%
Correct
Addressed tax notices with
Nil tax payments
Correct
Presented Tailored KPIs
and Financial Dashboard's
Correct
Maximized Benefits under
ERTC, PPP Loan and other Tax Credits
Financial Dashboards

Take Your Finances to the Next Level with Us

Let us be your partner in navigating the path to operational and financial success.

APPLICATIONS WE WORK WITH
Intuit QuickBooksSage
Bill.comGustoPaycheckClick UpxeroNet Suitemelio
PaylocityADPPower BI
A tailored service approach
We don't just crunch numbers; we create financial roadmaps
Our controller-level services involve the supervision of all accounting and finance functions, the assessment of strategic goals, and the commitment to meet established budgets and growth objectives, while meeting regulatory compliance. This extensive accounting and regulations proficiency effectively functions as a complete in-house finance department for businesses.

Frequently Asked Questions

What is the right level of hire for all help that is needed related to accounting and finance?

The nature of work determines the factors to consider. For repeatable processes, we analyze their time commitment and complexity. This allows us to rank processes based on skill requirements, helping us determine the appropriate hire level. Before making hiring or contracting decisions, assessing the workload in terms of hours per day, week, or month is essential. This assessment ensures informed decisions regarding resource allocation.

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Do I need a full-time Controller of Finance Director?

This depends on various factors, including but not limited to size of organization, regulatory environment, industry, level of complexity and more.  A very broad general standard is 2-4% of revenues should be allocated towards your finance function in its entirety.

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How can I trust finance outsourcing to do a better job?

It is up to every organization to do their own interviewing when it comes to finding the right solutions for their unique business circumstances, regardless of whether those solutions are hired in-house or outsourced. Account Prism outsourced services provide clear timelines, metrics, outcomes, and communication feedback loops to build trust and reliance on the information provided.

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How available will you and your team be for us?

We take pride in providing our clients with a seamless communication experience, making it feel as though we are just a few steps away. Our primary communication channels include Email, Teams, and Zoom, but we are also available through other means as needed.

We understand that effective communication is essential for successful collaboration and project accomplishment. That’s why we ensure frequent touchpoints to share updates, discuss results, and address any roadblocks that may arise. We strive to respond to all messages within a reasonable timeframe, normally within same day or maximum 24-72 hours, depending on the level of urgency.

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How much do these services cost?

The cost of our services can vary depending on factors such as the specific initiatives, timelines, and complexity involved. We determine the price after conducting a thorough assessment to ensure alignment with your organizational budgets. This allows us to prioritize initiatives and associated costs, enabling management to make informed decisions. By considering factors such as initiatives, timelines, and complexity, we work with your management team to determine a cost structure that suits your needs.

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Who is primary point of contact?

We assign a dedicated account manager and resources so you can always have at least one point of contact.

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Will we have visibility and control over our accounting processes?

We share all workpapers with our clients and usually work off of their filing structure.  You can have as much or as little control over the accounting process that the company desires.  As part of our assessment, we will bring to your attention any areas in the process that can be improved, modified, or enhanced for better business value.

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