CPA Services
Certified Public Accountant in Kansas City helping you maximize profitability and efficiency through sound financial management practices.
Consulting & Planning
As local Certified Public Accountants we offer consulting and planning services that extend beyond traditional accounting and tax compliance. Here are some ways a we can provide consulting and planning support for your business:
Strategic Planning: CPAs help businesses develop and implement strategic plans aligned with their long-term goals and objectives. They analyze market trends, competitive landscapes, and internal capabilities to identify growth opportunities, diversification strategies, and operational improvements.
Financial Analysis and Reporting: CPAs conduct financial analysis to assess business performance, profitability, and cash flow. They provide insights into key financial metrics, trends, and areas for improvement, helping businesses make informed decisions and achieve financial goals.
Budgeting and Forecasting: CPAs assist businesses in developing budgets and financial forecasts to plan and allocate resources effectively. They analyze historical data, market trends, and business projections to create realistic budgets and forecasts that support strategic decision-making and goal achievement.
Cash Flow Management: CPAs help businesses manage cash flow effectively to ensure liquidity and financial stability. They develop cash flow forecasts, analyze cash flow drivers, and implement strategies to optimize cash flow, such as improving collections, managing payables, and optimizing working capital.
Profitability Analysis: CPAs conduct profitability analysis to assess the contribution of different products, services, customers, or segments to overall profitability. They help businesses identify high-margin products or services, cost drivers, and opportunities to optimize pricing, reduce costs, and enhance profitability.
Business Process Improvement: CPAs identify opportunities to streamline business processes, enhance operational efficiency, and improve productivity. They conduct process mapping, workflow analysis, and cost-benefit analysis to identify bottlenecks, inefficiencies, and opportunities for automation or reengineering.
Risk Management: CPAs assess and mitigate financial risks faced by businesses, such as market risk, credit risk, liquidity risk, and operational risk. They develop risk management strategies, policies, and controls to minimize exposure to risk and protect the financial health of the business.
Business Valuation: CPAs provide business valuation services to assess the worth of businesses for various purposes, such as mergers and acquisitions, shareholder disputes, or estate planning. They analyze financial statements, market trends, and industry benchmarks to determine fair market value and negotiate favorable deals.
Succession Planning and Exit Strategies: CPAs assist business owners in developing succession plans and exit strategies to transition ownership or management of the business smoothly. They help identify potential successors, evaluate exit options, and develop plans for business continuity, estate planning, or retirement.
Tax Planning and Compliance: CPAs offer tax planning services to minimize tax liabilities and ensure compliance with tax laws and regulations. They analyze business structures, transactions, and investments to identify tax-saving opportunities and optimize tax strategies for individuals and businesses.
Overall, consulting and planning services provided by CPAs help businesses navigate complex financial challenges, capitalize on opportunities, and achieve sustainable growth and success. CPAs leverage their expertise in accounting, finance, taxation, and business strategy to add value and drive positive outcomes for their clients.
Contract CFO Services
Contract CFO services provided by a Certified Public Accountant (CPA) offer businesses access to high-level financial expertise and strategic guidance on a flexible basis.
Financial Strategy and Planning: A CPA contract CFO collaborates with business owners and executives to develop and execute financial strategies aligned with the company’s goals and objectives. They analyze financial data, market trends, and growth opportunities to optimize financial performance and drive business success.
Budgeting and Forecasting: Contract CFOs help businesses develop comprehensive budgets and financial forecasts to plan and allocate resources effectively. They analyze historical performance, market conditions, and industry benchmarks to create accurate projections and support strategic decision-making.
Cash Flow Management: Contract CFOs manage cash flow effectively to ensure liquidity and financial stability for the business. They develop cash flow forecasts, monitor cash inflows and outflows, and implement strategies to optimize working capital, manage debt, and mitigate cash flow risks.
Financial Reporting and Analysis: Contract CFOs prepare and analyze financial reports to provide insights into business performance, trends, and opportunities. They develop key performance indicators (KPIs), dashboards, and metrics to track progress towards financial goals and identify areas for improvement.
Risk Management: Contract CFOs assess financial risks faced by the business and develop strategies to mitigate them. They identify and evaluate risks related to market conditions, regulatory changes, operational issues, and other factors, and implement controls to minimize exposure and protect the business.
Strategic Decision Support: Contract CFOs provide strategic decision support to business owners and executives by analyzing investment opportunities, evaluating growth initiatives, and assessing potential risks and returns. They conduct scenario analysis, sensitivity analysis, and cost-benefit analysis to inform decision-making and maximize shareholder value.
Financial Modeling and Planning: Contract CFOs develop financial models and planning tools to support business planning, capital allocation, and investment analysis. They create scenario-based models, sensitivity analysis, and what-if scenarios to evaluate strategic options and optimize financial outcomes.
Mergers and Acquisitions (M&A): Contract CFOs assist businesses in evaluating and executing M&A transactions, including due diligence, valuation analysis, deal structuring, and integration planning. They assess the financial implications of potential acquisitions or divestitures and provide guidance throughout the transaction lifecycle.
Investor Relations and Fundraising: Contract CFOs liaise with investors, lenders, and other stakeholders to communicate financial performance, investment opportunities, and fundraising initiatives. They prepare investor presentations, financial forecasts, and business plans to support fundraising efforts and strategic partnerships.
Compliance and Governance: Contract CFOs ensure compliance with regulatory requirements, accounting standards, and corporate governance principles. They oversee financial reporting, audit processes, and internal controls to maintain transparency, accountability, and integrity in financial operations.
Overall, contract CFO services provided by CPAs offer businesses access to strategic financial leadership and expertise without the cost and commitment of hiring a full-time CFO. Contract CFOs bring a wealth of experience and knowledge to help businesses navigate complex financial challenges, capitalize on opportunities, and achieve long-term success.