FAQ
Frequently Asked Questions
What is a virtual accounting firm?
A virtual firm works proactively with member of your managemnt team and accounting team in areas of operations, strategy and support services. Some expamples include KPI reporting, external reporting, budgeting and forecasting, management and document of processes and support with audit and legar services. Contact us for more information.
Why should my organization use a virtual accounting service instead of hiring internally?
A virtual firm offers your business a seasoned financial expert at a fraction of the cost of a full time hire. The range of services you can expect to receive from a virtual firm can cover areas such as financial oversight, budgeting, risk management and much more. Additionally, our team is flexible and brings knowledge from all types of businesses. Contact us for more information.
Where are you located?
We don’t have a physical office because we utilize cloud based services to become a physical presence on your team. Our team comes from various parts of Canada and with the utilization of virtual tools such as Zoom and MS Teams and Google prodcuts and our own secure client portal, we are able to operate, coordinate, implement effectively and efficiently. We offer our services to businesses across Canada. Contact us for more information.
What types of organizations do you serve?
Our areas of expertise lie with not for profit organizations, associations and governments across Canada. Contact us for more information.
What is KPI reporting and why does my organization need it?
KPI reporting in a financial setting is a quantifiable measure of performance and allows leaders of an organziation to understand how their business is performing against goals as well as allows them to strategize for growth and expansion. Contact us for more information.
Why does my organization need help with support services such as Audit, Legal and Financing?
Our virtual team is experienced in working with professionals in the legal and banking area and are able to coordinate directly with these professionals to help your organziation in legal and financing matters, reducing the internal resources needed by your business. CRA and external audits can be stressful to an organziation and our CFO’s are able to work directly with these types of auditors to provide them the information they need in a timely and accurate manner. Contact us for more information.