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Finance and Accounting Services

Overview

By working with Armanino, companies can draw on our more than 30 years of experience providing finance and accounting support to businesses in a range of industries. Our clients have access to our stable of CFOs, the ability to tap into our team of industry experts, and the peace of mind that comes from knowing that our team approach mitigates the risk of losing members of an in-house finance team, and the information that goes with them. We’ll select and manage a set of best-of-breed technical solutions that scales as your company grows, and you get predictable subscription-based pricing that will support every growth stage.

Approach

Financial Statement Preparation

Financial Statement Preparation

We can prepare your monthly income statements with a regular monthly close process, ensuring your financial statements arrive on a timely basis. Those financial statements include vetting from your income statement, your balance sheet and your cash flow. We can provide insight and analysis through expense review, variance analysis and more, to help you make strategic decisions by offering key performance indicators (KPIs) through a thorough review of your activity that is presented to you in a concise format such as a processed narrative or a real-time dashboard.

  • Month-end close
  • Expense review
  • Variance analysis
  • Supplemental reporting packages
  • Financial statement narratives
Controller & Risk Management Services

Controller & Risk Management Services

Our controller and risk management services provide cash flow forecasting, and analysis through KPIs and industry bench marks. We offer cash flow management assistance, work paper preparation, balance sheet and bank reconciliations, and tax planning. Clients can depend on our virtual support, and our expertise puts you in a better position to anticipate organizational needs and better equips you to create your organization's future.

  • Work paper preparation
  • Cash flow management
  • Balance sheet reconciliations
  • Bank reconciliations
  • Virtual support
  • Managing income tax implications (tax planning)
CFO Strategic Support & Analysis

CFO Strategic Support & Analysis

Armanino can provide your company with a CFO to help your company raise capital, plan product launches, help you with due diligence decisions, , and provide value through mergers and acquisitions (M&A) analysis on both the buy and sell side. Our CFOs will assist you with cash management and company management as a C-suite business partner, and can guide you through management, board and investor reporting.

  • Raising capital
  • C-suite business partner
  • M&A readiness
  • Pricing
  • Cash management
  • Company management
  • Management, board and investor reporting
Learn More>>
Non-income tax compliance

Non-income tax compliance

We take on the burden of complying with all the non-federal reporting and compliance obligations, including your annual 1099 reporting, business property and payroll taxes. We'll prepare your monthly, quarterly or annual sales tax returns for you. We can provide sales tax strategy, advice and software recommendations. And our team can handle local and state business registrations along with your business’ annual secretary of state filings.

  • 1099s, W2s
  • Business property tax (571)
  • Local and state business registrations
Budgeting & Forecasting

Budgeting & Forecasting

We can work closely with your leadership and operations teams to prepare your annual budget, as well as forecast updates through the year. We help with cash flow forecasting so you can better plan the use of your funds, anticipate peaks and valleys in your cash-on-hand, and make informed, proactive decisions instead of reacting to cash surpluses or shortages.

  • Cash flow forecasting
  • Annual budgets
  • Rolling forecasts
Transactional Processing

Transactional Processing

We use bleeding-edge cloud-based technology to process your transactions efficiently, including accounts payable, billing and invoicing, credit card coding and reconciliation, bank, credit and debit charges.

  • Accounts payable
  • Billing and invoicing
  • Credit card coding and reconciliation
  • Bank charges; credit and debit card

Industries

Armanino provides Outsourced Finance & Accounting services to a variety of industries. Our staff of specialists is composed of accountants with Bachelor’s and Master’s degrees and CPA certifications who have an average of ten years of experience. All of Armanino’s Outsourced Finance & Accounting team members are tested to ensure they have a thorough understanding of accounting principles. We have worked with hundreds of private businesses and nonprofits of every size and with varying requirements. We are skilled and experienced across the spectrum of financial management, reporting, accounting and tax—and we talk your language.

Nonprofit

Nonprofit financial management is more about stewardship than commerce, especially when restricted funds are involved. Armanino has worked closely with nonprofits for more than 20 years, and we can provide outsourced finance and accounting solutions for your entire back end office, provide temporary or permanent placement finance resources or we can do project work to take care of all of your nonprofit organization’s needs. We can perform a simple review, set up a Chart of Accounts, establish fund accounting reports, or help integrate accounting and development. We help you streamline your finances without adding staff or costly infrastructure, so resources can be devoted to your core mission.

Technology

A startup with limited funding and no accounting or IT infrastructure has very different outsourcing needs than an established business with an internal finance team. As your organization grows and evolves, our flexible services also evolve with you. If you’ve reached the point where an in-house finance staff makes sense, for example, we can seamlessly transfer day-to-day responsibilities to your team and provide consulting expertise for specialized issues like global tax compliance.

Professional Services

To succeed in a highly competitive marketplace, professional services firms must meet their clients’ high expectations, think strategically and manage their own organizations. Armanino's Outsourced Finance & Accounting services can help manage the finance and accounting pressures companies face, from cash-flow management, generating billing and tax planning to CFO advisory services like forecasting, budgeting and planning for the future. By outsourcing their back offices to Armanino, professional services firms can focus on their clients, resulting in repeat business, a burnished reputation and greater profitability.

Creative Services

Advertising, production and media companies are focused on the next pitch, project or idea. They don't want to be focused on turnover in their accounting department, late financial reporting and filing tax returns. Armanino's creative industry experts can handle all of that, and have worked with more than 400 creative firms to set up bank relationships, business licenses, accounting systems, business tax management strategies, leases and contractual agreements. Our team has expertise working in-house at large and small companies, and can provide back office services that scale as your company takes on bigger clients and campaigns.

Experts

People–but not just any people.  Our staff of specialists has worked with hundreds of private business and nonprofits of every size and with varying requirements.  They are skilled and experienced across the spectrum of financial management, reporting, accounting and tax—and they talk your language.  Every organization is limited in the resources it can dedicate to any given area. With Armanino’s outsourcing solutions, you won’t be focused on managing an endless stream of paper, making sure vendors get paid, generating billing, preparing audience-specific reports or patching it all together with the wrong technology. You’ll be able to focus on building your business.

Resources

St. Mary’s School Outsources Financial Reporting to Armanino

Armanino enables school principal to make better spending decisions and increase both the quantity and quality of time she spends on the core mission of educating children.

Outsourced Finance & Accounting

If you and your staff are struggling to keep your books balanced, decipher new tax rules, or easily get the financial insight to drive operations, we can help free you up from those burdens.

CPA.com Success Story

Armanino helps move school client out of the red by providing timely, accurate financial data and dedicated advisory support.

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