Controllership, Business Management and Operational Support
KAF Business Solutions understands the needs of a small business or agency. Whether you are looking for ongoing help with paying bills and employees, or you need to get your books in order to finance your business, or apply for that grant, at KAF Business Solutions, we will tailor our services to fit your unique requirements.
And, KAF Business Solutions can take bookkeeping and back office support to the next level of financial management with controllership services, providing expertise necessary to transform your business.
Anyone who runs a business appreciates the importance of good financial information. But acting as a controller – or handling bookkeeping and other critical back office functions – can distract you and your overburdened staff from your core competency.
At KAF Business Solutions, running small business operations IS our core competency.
We’ll help you transform the financial management of your business by providing you with a range of financial reports on a regular basis such as Profit and Loss/Income Statements, Balance Sheets, Budget vs Actual, and Cash Flow Statements. For non-profit organizations, a Statement of Financial Position, Statement of Activities, and Statement of Functional Expenses will be provided along with a schedule tracking restricted and unrestricted grant fund balances.
A Customized Reporting Package can include any financial reports you need to keep current on the financial health of your business and to keep on top of Key Performance Indicators. If needed, we will work with you to come up with a reporting packet that works for you!
And, we not only create financial reports for you, we’ll help you understand them. We’ll provide budget versus actual performance analysis and cash flow reports that help you manage your organizations cash flow needs. With real-time financial data, you can make better business decisions, such as forecasting profitability or potential cash flow issues that could occur in the future.
Types of Services Include but Not Limited to:
Handle day-to-day accounting and treasury functions
File applications for federal and state ID’s
File Annual Business Reports with Regulatory Agencies
Present Financial Statements & Reports to Management (cash and accrual in accordance with GAAP)
Provide Monthly Bank Reconciliation Statements for Management
Reconciliation of Investment Statements
Audit Preparation and Assurance
Compliance Monitoring
Risk Management
Manage Bank Relations and Wire Transfers
Organizational Budget Development, Implementation and Analysis
Cash Flow Forecasting
Contract Administration to include Federal and State Cost Reimbursement Contracts
Grant Management and Reporting
Budget Development for Grant Proposals
Policy Development and Implementation