Core Accounting Services
Are your financial records clear and accurate?
Do your financial statements strengthen your credibility with outside investors?
A strong accounting infrastructure helps provide clear insight into a company's financial health, enabling better decision-making and planning.
It ensures accurate record-keeping, expense tracking, and the generation of financial statements like the balance sheet, income statement, and cash flow statement, all vital for stakeholder/investor relations and tax compliance.
Effective accounting practices enhance cash flow management, revenue recognition, and cost controls, which are crucial in a dynamic, ever-changing technology environment.
Are you concerned it might be too late to invest in your back-office?
Setting up the right accounting systems, processes, and workflows to transform and solidify your financial foundation is never too late.
A well-structured finance and accounting capability provides real-time financial visibility, supports compliance, and delivers data-driven insights for strategic decisions. Without it, businesses face operational inefficiencies that hinder innovation and agility.
Founders struggle with unreliable or outdated financial data, making it difficult to assess the company’s true financial health and performance.
With Ascent Financial Consulting, you can transform your accounting foundation, optimize processes, and ensure financial transparency, setting the stage for growth and investor confidence.
Core Accounting Setup
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Establish essential infrastructure for accurate financial data management.
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Integrate accounting software for efficient tracking and reporting.
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Create standardized procedures and develop financial statements for transparency and strategic decision-making.
Technology Assessment & Alignment
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Evaluate and optimize current accounting tools and processes.
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Identify inefficiencies and gaps to enhance scalability and accuracy.
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Recommend the best cloud-based technologies based on a preferred tech stack to increase efficiency, reduce errors, and expedite reporting.
Chart of Accounts
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Design a well-structured COA tailored to the company's operations and growth.
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Enhance visibility into revenue streams, spending patterns, and key metrics.
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Achieve accurate financial reportingfor informed decision-making.
GL Account Reconsiliations
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Ensure financial data is accurate, reliable, and up to date.
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Prevent issues from snowballing with regular reconciliations.
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Provide a clear view of cash flow, revenue, and expenses for effective budgeting and forecasting.
Month-end Close Process and Reporting
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Systematically reconcile accounts and validate data.
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Gain reliable insights into financial performance for informed decision-making.
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Support smoother audits and enhance trust with investors through regular, standardized procedures.