We understand how challenging it can be to grow a business while not having the resources or need to employ a full time in-house accounting staff. To reduce the cost of accounting, we provide services to meet the needs of small and mid-size businesses, including sole proprietors, non-profit organizations, and corporations. Depending upon your needs, we can provide fractional services that are daily, weekly, monthly or quarterly staffed with the appropriate skill levels. Our consulting services are designed to provide the highest level of accounting expertise without the expense of a full-time staff.
Many successful businesses cannot or choose not to maintain a fully staffed accounting department to meet their needs. As a result, a growing number of successful companies outsource their accounting and finance needs to professionals like us. In many cases, business owners find that our outsourced financial services are more cost effective than hiring full-time accounting staff. They often find that the quality and timeliness of financial management information is improved through utilizing our services.
Accurate, easy to read financial records are the foundation of a successful business and ensure that your business operations will run more efficiently on a daily basis. Our highly qualified staff can assist you with the day-to-day tasks related to your accounting and bookkeeping needs. When you work with LIFMS, we provide an outside perspective for your business and our strict controls will also be a form of protection and an extra layer of internal controls.
Financial Statement Preparation
We prepare your financial statements in accordance with the highest of professional standards, which can be a useful tool for management in financial decision making.
Chart of Accounts
We can develop a custom chart of accounts tailored to your business and designed to meet your specific reporting requirements.
Policies & Procedures Manual
We can assist you in creating a manual of accounting policies and procedures based on your operational needs and resources.
Risk Assessment & Management
We will review your current controls and environment to provide an assessment and recommendations to management as deemed necessary.
