Andersen

Andersen

Accounting Services for Closely Held Businesses

Our outsourcing approach gives clients immediate access to an effective and efficient finance and accounting solution.

In addition, our infrastructure can keep pace as company operations expand and volume of activity escalates. Our accounting services for closely-held businesses can provide services such as:

Establishment of Accounting Functions

Andersen can assist you with the initial set-up of your accounting functions, including:

  • Assessment of financial accounting system needs and implementation of appropriate general ledger
  • Design of effective accounting processes, forms and workflow
  • Implementation of policies, procedures and internal controls
  • Design and development of financial and management reporting packages
  • Development of budgets and forecasts

Ongoing Accounting Outsourcing

Andersen can serve as the company’s full accounting department on an outsourced basis, assuming responsibility for all finance and accounting functions from the controller level down to administration, including:

  • General accounting, record-keeping, reconciliation and financial reporting functions
  • Cash disbursements and accounts payable processing
  • Sales invoicing and accounts receivable processing
  • Inventory management
  • Specialized industry accounting
  • Preparation of budgets and cash flow projection
  • Payroll
  • Fixed assets
  • Cash management

Support During An External Audit

Andersen is not a CPA firm, but we are experienced in dealing with the audit process from the perspective of the client. Andersen can assist your staff as you respond to your independent auditors. We can provide qualified personnel to help you with preparation of schedules and analyses, assistance in responding to auditor’s inquiries in addition to functioning as the interface with your auditors and providing assistance with drafting of financial statements with full disclosures/footnotes.

Specialized Business Consulting Services

Many businesses that have established their own in-house accounting functions have benefited from our consulting services. Andersen professionals work together with your internal staff to develop accounting solutions that will fit your company now and can grow with you as your operations expand.

  • Business Process Review Services – Andersen can review your company’s existing processes, workflow, personnel capabilities and technology, and identify specific opportunities to improve the overall operational efficiency of your accounting and administrative functions.
  • Internal Control Services – Our specialists can provide consulting services focused on designing, assessing, enhancing and testing internal controls.
  • Policies and Procedures – Andersen has helped many companies to formulate, tailor and document effective policies and procedures to fit their unique circumstances.

Temporary Staffing Assistance

We can provide experienced accounting professionals who step in on an interim basis to assist with special projects, meet seasonal needs, fill an unexpected vacancy, or assist in times of transition or growth.