Michigan Association Of Certified Public Accountant (MACPS) -Outsourcing Your Accounting Has Other Advantages Too. -A Wall of Privacy between the business and its books can reduce talk about the business. Controller Services is a public accounting firm which is separate from your business. This increases privacy for employees, upper management, shareholders and the board of directors. Shareholder confidence in the objectivity of the company's books is a treasure. Shareholders who invest in the business, but are not active in the management of the business, do not see the day to day business activity. The annual financial statements may be their major source of information. If they receive financial statements up to the standards of the American Institute of Certified Public Accountants, (AICPA), their confidence in the numbers is high. This will improve your relationship with these important people and make it more likely they will continue to invest in your business. Conveni ence and flexibility will determine if I do the work of accounting at your business site or at my office. You do not collect information to send in on a daily, weekly, monthly and yearly basis, and you can ask questions when they come up. Being on site-in person I see your business operate and become familiar with it, and can connect the numbers with what is happening at your business. This is the added value of "seeing things with new eyes". I am not involved with the day to day operations so when I
Being on site - in person I see your business operate and become familiar with it, and can connect the numbers with what is happening at your business. This is the added value of 'seeing things with new eyes'. I am not involved with the day to day operations so when I see business activity my mind is open to noticing things that you may have become conditioned to. Controller Services is completely flexible. Is your business a start up or is it already running? Are you in the prototype phase or already making sales? Do you have employees with the skill to write checks and enter sales? Or, do you want to contract this out to Controller Services also? These questions are part of the evaluation at the start. Then Controller services will build your contract accounting department designed to fit your situation. You will make better business decisions if your books are good. When you make budgets and forecasts or make pricing decisions, or asset acquisition decisions you make those decis ions using the company's books. Get the most for your money and time when you need a consultant because their hourly rates are high. If you can reduce the time they need to do their work, you save money. Controller Services can work with financial consultants to get them the information they need to do their jobs better and faster.