Who Is A Virtual CFO

A Virtual CFO provides high skill assistance in financial requirements of an organization as like a Chief financial officer does to an organization.

WHY VIRTUAL CFO?

Startups and SMEs often prepare accounts only to comply the law like filing IT returns of GST returns etc. They do not prepare accounts to see whether their business is running profitability and where are the profits if any. They do not have the expertise of a professional who can look at their accounts and guide them to take right decisions by interpreting the data. In large companies they have a team of professionals headed by a CFO who does these activities. Small entities cannot afford to hire a full time CFO as their pay package would run in several lakhs, moreover such companies wouldn’t require someone full time. To bridge this gap we offer a virtual CFO Service wherein an experienced CA will look into your accounts on a monthly basis and guide you in the right direction by giving various reports periodically.

WHAT WE DO?

We provide various types of services as a virtual CFO as follows based on the client’s need. Some of them are listed below:

Providing various MIS reports to management on a timely basis.

Inventory management

ABC analysis of stock items

Analysing Inventory turnover ratios

Debtors Analysis

Age wise analysis of Debtors

Review of credit policy

Analyzing,product wise/ service wiseprofitability

Working capital forecasting

Efficient management of funds

Preparing cash flow statements

Preparing fund flow statements

Location/ Branch wise profitability

Arriving at Cost of products or services

Estimation of cost of new products

Pricing for competitive bidding

Preparing CMA reports for banks

Preparation of various budgets and variance analysis