Virtual CFO & Advisory Services
An experienced, outsourced financial professional offering intelligent financial guidance, strategy, and support
Could your business benefit from seasoned financial guidance to help you through the multiple financial, tax, and accounting challenges that keep you from reaching your goals?
Meet your new Virtual CFO!
Think Growth. Think Success. Think Accounting.
Significant Cost Savings
Many growing companies could use the services of a CFO, but can’t afford to hire an in-house expert. By partnering with Think Accounting, you’ll get all the benefits of having your own experienced financial and strategic operator at the fraction of the cost of a full-time CFO.
Expert Business Advisory
Our Virtual CFO services create value for businesses that need expert insights, guidance, and strategies quickly from a professional already familiar with your operational and financial setup.
Growth-focused Financial Planning
Efficient long-term growth strategies are the beating heart of every business. We’ll take a deep dive into your entire financial picture, and work with you to develop policies and strategies that will help mitigate risk and protect the long-term financial health of your company.
Comprehensive Service Package
Your Virtual CFO can help streamline your business operations and plan for a strong future by:
- Creating customized financial plans, forecasts, and reporting formats
- Examining cash flow gridlock
- Developing profit-focused financial models
- Interpreting financial statements, reports, and trends
- Streamlining internal and external operational processes
- Executing due diligence when considering an acquisition
- Mitigating risk using “what if” scenarios when making strategic decisions
- Representing your company for CRA audits and reviews
- Preparing succession plans for all stakeholders
- Assistance with securing business loans from banks by working directly with the banker of your choice
Virtual CFO Services in Toronto, Calgary, Vancouver and across Canada
Find out why more and more companies are using Think Accounting for tax-efficient accounting strategies and business advice that’s optimized for growth. Contact us today for a free consultation!
THINK FAQs
Do you provide customized accounting Services or Solutions based on the nature of business?
Absolutely. Each industry is unique and within each industry, each business is unique. For e.g. E-Commerce Accounting is very different from Creative Agency Accounting. We have separate processes in-house for different industries that we follow to deliver our services. We build our scope of work and deliver on that scope customized to your business, instead of using a cookie-cutter approach.
Do you provide Bookkeeping-only services (that is, if I already have a year-end accountant)?
In rare circumstances, yes. However, majority of the time, we provide a full-service package service that includes Bookkeeping, Financial Statements, Tax Returns, and, if applicable, Payroll.
Do you provide Year-End-only services (that is, if I already have a Bookkeeper)?
Yes, we do. We prefer that you have a professional bookkeeper taking care of your books and bank accounts are reconciled. If you as a business owner do your own bookkeeping, we will first need to review your bookkeeping before giving a fee quote for year-end scope of work.
Do you provide Audited or Reviewed financial statements?
No. We provide Compilation Engagement Financial Statements (previously called NTR or Notice To Reader). For your Audited or Reviewed Financial Statement needs, we are able to connect you with firms in our network.
Which Industries do you work with?
Although we work with most industries, we have specialized knowledge of clients in the E-Commerce, Startups, Medical and Creative Agencies space.
Do you provide Accounts Payable and Accounts Receivable Services?
We provide Accounts Payable services on a monthly frequency basis. We’ll setup a paperless workflow for you to provide all bills to be paid, and set up a payment platform for you. After that, we’ll follow a once-a-month process to schedule bills to be paid for the month.
We do not provide Accounts Receivable (Cash Collection) services.
Do you help with Advanced Tax Planning (Reorganization of Corporate Structure, Estate Planning, etc.)?
Absolutely! It’s one of the ways we add tremendous value to our clients. Our Advanced Tax Planning work is structured as follows:
- Discovery Call – To gather a high-level background and understand your goals and objectives.
- Phase 1 – To assemble all detailed background, tie the tax research to your specific situation, design the solution and steps for your reorganization, and present you with the solution(s).
- Phase 2 – Implementation of Phase 1, which incudes coordination with lawyers and business valuators. We summarize all of the work performed in a detailed Memo for you and your advisors.
