CASE STUDIES
Acquisition Accounting: A trusted transition from owned to leased operations.
Background
This scenario can be applied to any major business operational change – change in ownership, management, location, structure etc. A trusted and transparent transition is essential to manage costs and reputation for positive and productive staffing. A360 service ensures a client-focused process is implemented for credible and accurate accounting.
Our Guidance
A360 Plan:
Client-focused intake
Positive & timely service
Lack of qualified staff
Experienced staff leaving on short notice
Accurate accounting and bookkeeping close required
All accounting functions lacking accountability
Software systems used not reliable – missing credibility
Inaccurate inventory management reporting and tools
A360 Evaluation:
Priority task list
Internal control and process evaluation
Accuracy and credibility tools being utilized
Segregation of roles and responsibilities
Reasonable timeline for the required tasks
Total accounting completeness check
Point of Sale accuracy evaluation
Inventory management status
A360 Valued Service Results:
Software data accuracy evaluation and reporting
Accounts Payable/Receivable record reconciliation
Inventory count
Sales Tax Reconciliation
Client approval and feedback
Timely Financial Reporting
A timed completion of all prioritized tasks.
A trusted transition of business operations.
