Definition of CAS:1. After-the-fact financial statement preparation (also called “write-up”).
2. Transaction processing. Processing of AP, AR, payroll, sales and payroll taxes, etc.
3. Outsourced CFO and/or controller services. This work entails ongoing, higher-level services to review financial performance and provide input on strategies to improve business.
Outsourced CFO services
Outsourced CFO services such as managing cash flow, tracking important KPIs, preparing budgets, forecasting, educating clients about the performance of their business and more. Comprehensive tools include:
- Fully customizable financial statements
- Budget preparation
- Performance analysis
- Financial ratios
- And much more