Accounting is the art of analyzing, recording, summarizing, reporting, reviewing, and interpreting financial information.
The key function of a controller is to effectively manage the finances of a business, but many small businesses lack the resources to employ a full-time controller who can oversee day-to-day accounting operations, forecast and analyze operating budgets.
Many companies, however, are at the levels that only need these services part-time but most of the time they rely on their bookkeepers to record financial transactions without ensuring that proper accounting procedures are followed or they can get reliable financial information at the end of each month.
Zak accounting provides controllership services to small businesses for part-time or interim with access to knowledgeable CMA (Certified Management Accountant) level expertise. Accountants at Zak Accounting Professional Corporation will ensure that internal controls, procedures and policies are not only developed, but followed. Also, we:
Visit time is scheduled on a regular basis by mutual agreement with the owner. The owner and staff set aside financial documents (such as general ledgers, bank statements, governmental inquiries, etc.) and have these documents ready when we arrive at your office. Our job is to review the staff's work, make corrections and then communicate information to the business owner. 90% of the work is done at your office, on your schedule.
As an experienced controller our accountants give clients updated advice and help them prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) for use by banks, investors, donators and other third parties. Accountants at Zak Accounting also prepare customized financial reports for internal management use.