Cannabis Compliance Consulting
Bookkeeping and CFO Services
Bookkeeping
VAS specializes in maintaining your books and records. We take pride in ensuring that your
accounting needs are professionally maintained and provide your business with valuable
decision making information. Our bookkeeping professionals will partner with you and your staff
to ensure that your books are closed timely and that you can produce an income statement,
balance sheet, cash flow and key metrics to better run your business.
Each of our clients is assigned a bookkeeping coordinator so there is only one point of
contact.
The following is an example of the type of services we perform:
- Startup businesses; Set up accounting system and chart of accounts;
- Reconciliation of books to cash and credit card accounts;
- Prepare month end journals;
- Entering approved invoices so your business can produce checks or ACH;
- Producing invoices to send to your clients and track your accounts receivable;
- Reconcile your accounts payable and receivable ledgers to the general ledger;
- Produce cash flows, income statements and balance sheet reports;
- Close books on a monthly basis;
- Prepare sales and use tax filings;
- Process your businesses Payroll;
- File quarterly and annual payroll tax reports;
- Prepare year end 1099 statements;
- Cash management services;
CFO and other Services
Even though your business might not justify the cost of a full time Chief Financial Officer, it
doesn’t mean that your business should do without one. VAS we will partner with your business leaders and operations personnel to ensure that you have an effective and efficient business model. We use battle tested CFO’s to ensure you receive practical and factual information.
The CFO was typically relegated to back office tasks and often locked out of participating in
enterprise wide strategies. The business environment today perceives the CFO function quite
differently and this trend appears to be continuing. Traditional roles of the CFO’s office such as
safeguarding assets of the firm, maintaining the books and records and reporting the results are
taking on a broader spectrum.
VAS we will evaluate your business model, revenue and expense streams, your accounts receivable and account payable cycles and the resulting liquidity/cashflow within your Company. The size of your company, the organizational complexity, the specific industry and regulatory environment that your industry may be subject to are variables that we take into consideration in how to best position your company for the future
.
VAS has experience in strategically growing companies while focusing on execution and internal budgets.
The following is an example of the type of care and service we provide our clients:
A health report of your business - We provide your business with a scorecard on the state of
your books and records, tax planning effectiveness, control environment, capital adequacy,
liquidity, key reporting indicators, etc. We also provide practical recommendations to improve
areas that we believe require remediation.
Strategic view - This service takes many forms. We have assisted firms in raising capital,
producing proforma financial statements and partnered with the business to improve the bottom
line. We have provided clients with advice to accomplish strategic growth by: restructuring
existing businesses, integration of new businesses. We can advise your company so you may
grow organically or through acquisition.
Tax Planning – We have assisted companies in building tax efficient legal organizational
structures and assisted companies to minimize their tax liability on a Federal and State basis.
Treasury Services – We can create a process to ensure that your cash management needs
are secure, well managed and that you are confident with your cash flow projections.
Additional CFO services that we provide:
- Financial Transformation – Treasury Platforms, ERP systems;
- Cash Management Review and Implementation;
- Operational Risk and Control;
- Partnership Level Processing and Accounting;
- Reconciliation or Audit Related assignments;
- Business Plans and start up services;
- Access to executive-level skills and experience on an interim or permanent basis
- Obtaining financial leadership through key business changes (e.g., IPO, business integration, new system, and growth);
- Accessing timely, reliable financial information to make critical decisions;
- Developing key relationships with Bankers, Lawyers and Auditors.
Forensic Accounting
VAS provides expert forensic services for your firm. If you are in litigation or think that their may be fraud or embezzlement in your company we can help. We analyze complex accounting and business transactions and communicate clear and concise results back to you. Our experts hold certifications such as CPA, CFE and ACAMS. Our experts have provided expert testimony where they clearly communicated complex accounting transactions to attorneys, courts and mediators.
