No company tries to let their financial details slip from being in perfect order, but it regularly happens over time. Then something triggers the need to share your financial information and that uncomfortable feeling that you aren’t ready to do so. It could be a potential investor and need for financing, or many other common business events. The problem is that work needs to be done quickly on the quality of the financial numbers and often the story behind them.
We get it, CFO One team members have lead companies that have gone through similar situations – funding, financing, mergers, acquisitions, board disputes, legal battles, etc. Many things happen in business that all require the same thing – accurate financials and an ability to explain the details when called upon.
We provide this service to meet and help more businesses, not as a way of generating the largest project fees possible just to move on to the next project. There are three potential steps a company can take to improve the quality and accuracy of their financials.