Are your income statements, balance sheets, and projections
of future earnings and expenses up to date, accurate and clearly
understood, or are they a mystery? Do you have monthly financial
statements to review? Do you understand them? Accounting is
the specialized language of all successful businesses. A Controller
will help make sense of the universal accounting language.
Your company's success depends upon how you manage and control
the financial aspect of your business. A growing new business
eventually has financial and legal requirements outside the
scope of normal, routine bookkeeping. For these requirements
you will need a Financial Controller or Chief Financial Officer.
What is a Financial Controller?
A Controller analyzes and develops timely and accurate
financial information, enabling the company to deliver and
improve its future overall performance. Traditional accounting
and financial functions act as rear-view mirrors, measuring
past performance. Controllers are forward-looking, acting
as business headlights. From the article
"Controllership: The Other Accounting Career," by
Dr. Brian Patrick Green, CPA. Professor of Accounting and
Director of Controllership, University of Michigan, Dearborn.
Financial Controllers direct the preparation of financial
reports, such as income statements, balance sheets, and projections
of future earnings and expenses, that summarize and forecast
the organization's financial position.
Who needs a Financial Controller?
You're a perfect candidate if:
- You'd like an accounting system set-up or modified for you that
will provide the financial information you need to manage your
new and growing business
- You've been so busy working in your new business venture
you aren't sure if it's profitable or not
- Your credit line is a mystery or you view it as a moving
target
- You look back over the past months of your existing business
and wonder where the money went
- You wonder if your business will have enough operating funds
for the next twelve months
- You're so busy it seems as if tax time and its complex forms
sneak up on you
What clients are saying:
Every business owner must have someone on their team that helps them manage
and control the financial aspect of their business...but not
all businesses can afford a full time professional accountant,
accounting manager, controller or CFO. Mary Ann Wetzork has
been helping entrepreneurs and small business owners get a
solid grip on their accounting systems and processes for many
years. Mary Ann knows how to make a business profitable with
sustainable cash flow...and help keep it that way!
Jim Horan, President, The One Page Business
Plan® Company
Mary Ann is great at organizing a complicated situation,
getting the accounting operations up and running, and providing
meaningful financial statements and cash flow projections
to both the client and the CPA. It was very beneficial for
my new client to have someone beyond a bookkeeper, who also
has financial consulting abilities.
David Arrick, CPA, Boas & Boas LLP, San Francisco
Mary Ann designed and implemented a turn-key accounting system
for my firm several years ago. She set up my books in QuickBooks
and trained me in the basics of bookkeeping. Because she has
such a breadth of accounting experience, she was able to develop
a set of practical, straightforward, and most importantly,
maintainable bookkeeping procedures for me. Now, with minimal
upkeep and modest ongoing costs, thanks to Mary Ann, I have
a set of books that are so clean I could eat off them.
Brent L. Williams, President, Future Perfect Studios, Inc.,
San Francisco