Background

This scenario can be applied to any partnership – two or more business partners in the same line of business, one corporation running 2-5 sub-businesses, silent partnerships etc.

Our Guidance

A360 Plan:

Client-focused intake

Transparency and Trust essential

Shared and separate information technology being used

Overhead cost management

Agreements between partners

Timely and accurate payroll process

Transparent recordkeeping

A360 Trusted Evaluation:

Priority task list

Internal control and process evaluation

Accuracy and credibility of tools being utilized

Partnership performance reporting expectations

Intercompany loans

Revenue recognition

Customer Recordkeeping

Segregation of roles and responsibilities

Expected timeline

A360 Valued Service:

Monthly accounting cycle implementation

Reliable revenue recognition process

Accurate financial reporting

Process automation

Deposit and payable accuracy measures

Shared operational accounting model

A positive and trusted relationship between partners.

A trusted partnership.

360 Scorecard

360 Services

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