vCFO Service
The typical role of preparing financial statements and income tax returns is only the beginning of what an accountant can do for your business.
It is my experience that the vCFO role is the best way to deliver ongoing, proactive and forward-looking advice, to help drive your business forward.
Most small businesses would love to have the benefit of a full-time CFO in their business. However, costing upwards of $200,000 a year for a capable CFO, this just isn’t possible for most Small and Medium Sized Businesses.
That's where a vCFO can help. Offering the expertise of CFO but in a part-time capacity, you can receive the benefits of years of expertise without the full time cost to your business.
I integrate with your existing finance team to provide accurate, high level and timely advice, to help drive your business forward. The vCFO service offering consists of the following:
Ongoing support
Available to assist your internal finance team with any questions that arise
Business Valuation
Annual Business Valuation and Benchmarking
​
Regular reviews
Oversee ongoing lodgements, allowing for proactive tax planning
Annual budgets
Annual budget and forecast preparation
​
Quarterly Checkins
Quarterly meetings with you to discuss your business results
Annual compliance
Annual Tax Return preparation and ASIC corporate secretarial duties
As this role involves more contact than is regularly provided by the traditional accounting model, the vCFO has more opportunity to help you make better financial decisions in real time.
A large part of this role is educating business owners and investors to help grow their financial knowledge, allowing them to make better financial and business decisions.