ACCOUNTING ASSESSMENTS
Today’s economic environment can stretch even the most robust accounting departments. Long stressful days don’t typically provide the opportunity to step back and take a broad look at your organization, making certain that resources are closely aligned with desired results. That’s where we can be of service.
Monaghan Group’s accounting assessment services help your team achieve effective and efficient accounting organizations without slowing down daily operations. Our flexible approach to client service allows for any level of support from strictly planning to rolling up our sleeves and working side-by-side to make things happen.
Our experienced CPAs and accounting professionals can review and offer experience-driven process improvement recommendations in the following areas:
- Financial Planning and Analysis
- Cash Management
- Specific Accounting Functions (A/R, A/P, Inventory, or Fixed Assets)
- Internal Controls
- Financial Software Evaluation Personnel
- Personnel
An assessment project can range from a few days to several weeks, depending on the scope of the project, and includes the following steps:
- Research & Investigation: we take the time to understand exactly how your current structure works and how that impacts accounting and reporting requirements.
- Summary of Findings: we will highlight areas that are operating well, identify the source of current concerns, and uncover areas that present potential challenges.
- Summary of Needs: we will provide prioritized recommendations for improvement, along with expected timelines for successful implementation.
- Implementation: we can assist your team with or fully manage and execute the implementation, as determined by your needs.
