Are you a business that needs professional financial advice but cannot afford to employ a full-time CFO or Controller? Employing a full-time CFO would require a significant salary per year plus benefits. Acorn’s part-time CFO services provide business owners with a cost-effective alternative, which gives you experienced support at a fraction of the investment in a full-time CFO. These services offer a seasoned financial professional dedicated to working with your business to attain greater success.

CFO/Controller services offer…

  • The Owner/President more time to run the business, address management issues and meet with new and existing customers.
  • More awareness of the financial side of the business.
  • Professionally prepared financial statements and information to improve the decision making process.
  • A professional with years of management experience ready to offer any help or advice for your business.
  • A professional who establishes controls to protect your business.

Financial Management:

  • Timely general ledger reconciliations.
  • Timely and quality financial information.
  • Budget preparation and analysis while adjusting to changes in the business.
  • Assistance and advising on long-term plans and goals.
  • Safeguarding cash with full range of cash management.
  • Years of experience working with bankers, attorneys, accountants, insurance agents, and others outside your business with whom you work.
  • Assistance in obtaining bank loans from lending institutions, including negotiations.
  • Fixed asset management to include equipment purchases, expansions and disposals.
  • Collection policies and procedures custom-made for your business.
  • Accurate and timely processing of accounts payable.

Human Resources Management:

  • Payroll and payroll tax reporting.
  • Training and assisting your accounting team.
  • Assistance with union negotiations and employee relations.
  • Reviewing and negotiating health and property insurance.
  • Assistance with IRS reporting requirements of the Affordable Care Act.
  • Experience with pension and profit-sharing plans including 401(k)s.
  • Development of company accounting procedures and best practices.
  • Employee handbooks.
  • Employee job descriptions.
  • Employee evaluations.

Services Available

Basic Accounting:

  • Accounts Receivable
  • Accounts Payable
  • Payroll
  • General Ledger & Other

Management Accounting:

  • Financial Statements
  • Fixed Asset Management
  • Cash Management
  • Business Taxes

Special Projects:

  • Health Insurance Analysis and Negotiations
  • Property, Casualty and Other Business Insurance Analysis and Negotiation
  • Bank Loan Negotiations
  • Bank Lines of Credit to Include Borrowing Base Calculations
  • Bank Covenant Calculations
  • Pension Planning including 401k

Additional Services Available Upon Request