Business Accounting

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Business Accounting

In Business accounting services, we can provide the following function:

  • Develop a strategic/business plan
  • Design and implement and effective accounting system
  • Perform daily accounting functions
  • Establish bank relationships
  • Secure long-term capital
  • Prepare financial statement with foot notes
  • Perform relevant financial analysis
  • Prepare annual objecting budget/forecast
  • Prepare cash flow projections
  • Compile and review financial statements
  • Conduct internal control review
  • Perform management fraud investigations
  • Implement financial/operational controls
  • Management purchasing/accounts payable
  • Manage cost accounting and inventory control
  • Evaluate and perform due diligence review relationship to merges and acquisitions
  • Interfacing between management and outside auditor

AP

Oversee the accounts receivable/accounts payable functions:

  • We check for completeness
  • Test Transactions from financial and operational view point
  • Perform back reconciliation
  • Posting to the general ledger
  • Month-end, quarter-end, year end closing
  • Develop reports
  • Perform internal audit functions

Internal Audit

What your data in your database tell you might comfortable to the growth of your business?

  SIMC LLC developed a business analysis addressing the four ways to grow your business. There are fundamentally four ways to grow your business:

  • Increase the number of customers (of the type you want)
  • Increase transaction frequency
  • Increase transaction value or “average sale”
  • Increase the effectiveness of each process in your business

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Develop Effective financial controls
SIMC LLC Professionals have amassed significant experience, breath of skill, and the tools you need from strategic development- implementation-results, to help you turn your management of risk into a competitive advantage.

We can help organizations to achieve these goals through:

  • Performance measurable
  • Risk assessment and control
  • Capital and resource allocation

We help your company develop internal controls and procedures. By integrating methodologies risk and return into your organization. We will create a balance scorecard of actual and potential risks and rewards. These methodologies can then be integrated with your business process to institutionalize your efforts and enhance stockholder value.

Think of any strategy to grow your business you will find that it falls under one of these four categories.
Conversely, think of a strategy like “cutting cost”-realistically that won’t grow your business unless you use the money you save to promote your business. You may conform your business better return great profits, but it won’t grow your business.

 

Call 214-793-1198 or Contact Us now for ” Your Potential For Growth” Analysis.

 

Develop Effective financial controls
SIMC LLC Professionals have amassed significant experience, breath of skill, and the tools you need from strategic development- implementation-results, to help you turn your management of risk into a competitive advantage.