A Professional Consulting Firm 
Providing CFO, Controller 
& Accounting Services on a 
Fractional Basis.

Advantages of Outsourcing


What do most small and medium-size trade associations, professional associations, nonprofit organizations and small businesses have in common?  Accounting and finance are not their core competencies.  Outsourcing your senior level accounting function on a part-time basis, interim basis or for special projects is a highly efficient and effective strategy.  Some of the advantages to outsourcing and hiring Double K Consulting are:

 

Focus on Your Core Business

Achieve High Levels of Accuracy

Cost Savings

Fraud Check

Application of Best Practices

Stay up to Date with All Accounting Pronouncements

Improved Productivity Levels


 

Focus on Your Core Business

When you outsource your senior level accounting duties it will allow you and your management teams to focus your skills and passion on what you know best and transfer the burden of accounting responsibility and oversight to us while you maintain control of your organization.

 

Cost Savings

Outsourcing your senior level accounting duties on a part-time or interim basis with Double K Consulting saves your organization money when compared to hiring a full-time employee.  In addition to the annual cost of an employee’s salary, you save on healthcare, 401(k) matching, vacation, bonuses, employer taxes, training and related capital expenses.  Back office functions are complicated in nature and small and medium-sized companies are often prevented from performing them at a consistent level and reasonable cost.  Outsourcing is the solution.

 

Application of Best Practices

By hiring Double K Consulting for your senior level accounting needs you are assured that the “best practices” learned while working with and for more than 75 small businesses, nonprofits and associations would be applied and used to improve your organization.  You will receive an improved understanding of the financial side of your organization resulting in fewer surprises and more control for you, your board and management team.


Improved Productivity Levels

Your entire organization will see improved productivity levels when your accounting department provides useful, management friendly data.  When you hire Double K Consulting we will work with all departments to improve the workflow within your organization and provide all departments with meaningful data from which you can hold your team accountable.  Within the accounting department itself, we streamline the processes, reduce any duplication and maximize the capabilities and use of your accounting system.


Achieve High Levels of Accuracy

By outsourcing your senior level accounting responsibilities to Double K Consulting you will receive a guaranteed high level of accuracy in the reporting and analysis we provide.  We take a bottom-up approach and by implementing controls, improved workflow and process improvements; the core data from which we report will be improved and accurate.


Fraud Check

The potential for fraud is an unfortunate reality for all organizations.  By outsourcing your senior level accounting duties to Double K Consulting you will also have an unbiased and independent set of eyes reviewing your books and records.  We do not have any check writing authority or direct access to any of your accounts but review and reconcile them monthly as part of the closing process.  You, as the president, owner or senior level employee maintain complete control.


Stay Up-to-Date with All Accounting Pronouncements

There are potential changes on the horizon, as US companies may be required to change from Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS).  These changes will affect several major accounting standards including the areas of leasing, revenue recognition and financial instruments.  By outsourcing your senior level accounting duties to Double K Consulting we will ensure that your organization is up-to-date with all accounting pronouncements and that reporting is done using these applicable standards.