Services Provided
The primary services that Floyd provides are budgeting and financial statement review and analysis, with the ultimate goal being to help clients develop and implement a budget. On a monthly basis, Floyd assists clients in reviewing actual dollar amounts versus budgeted dollar amounts. The purpose of these budgeting services are to help control costs and ultimately, to help the client achieve their financial goals, be it retirement planning or capital purchases, just to name a few.
List of Services
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Income Tax Preparation
When someone comes to me for income tax preparation my job is to make sure that they obtain a basic understanding of the numbers on their income tax return.
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Controller / CFO FunctionsList Item 2
Why pay a consultant to perform daily bookkeeping or accounting? It would be more cost effective to hire someone to perform the same duties at a more affordable price.
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Cash Flow ManagementList Item 3
Proper cash flow management is closely connected to the budget. By implementing a budget the client now has a documented, reasonable expectation for monthly, quarterly, semi-annual and annual income and expenses.
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Internal AuditingList Item 4
If the owner or management has concerns about whether or not a certain department or operation is operating effectively, they can request that I perform an internal audit.
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Internal Control Procedure Review
Does your company prepare bank reconciliations on a monthly basis? Preparing bank reconciliations on a monthly basis helps detect fraud or errors.
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Accounts Receivable Management
As we previously mentioned, one of the keys to good cash flow is making sure that the client or customer is billed promptly for goods or services. A delay in submitting invoices on time can lead to a delay in receiving payment.
Contact BADR Consulting
Sound financial advice is based on years of experience, hard work, and passion, as well as familiarity with legal practices and compliance. You’ll find all that and more with Floyd A. Simmons, CPA.
