Are you a small business owner handling your own books, and want to know if you’re doing things correctly? Or have you hired accountants, and want a second set of eyes to know if they are doing things correctly?
My name is Jameson Galey; I am a Certified Public Accountant (CPA), Certified Management Accountant (CMA), and Certified Data Scientist.
My firm, Galey Accounting, has pioneered a new type of audit—one where we audit your systems and processes, rather than the numbers themselves.
We take a comprehensive look at your accounting system and grade it across five key areas: 1) accuracy, 2) timeliness, 3) relevance, 4) efficiency (automation), and 5) security.
In our summary report, we then offer expert guidance on how, if necessary, you can improve in each of the five areas.
After our audit, you will know the answers to such important questions as:
- Does my system maximize the timely collection of accounts receivable and minimize bad debts?
- Does my system take advantage of early payment discounts for accounts payable?
- Does my system optimize the cash conversion cycle?
- Are my revenue and expense recognition polices in line with generally accepted accounting principles?
- Does my system have the necessary controls in place to prevent and/or detect fraudulent activity?
- Does my system have the necessary controls in place to prevent and/or detect accidental errors?
- Does my system generate reports that are actually useful to management? Can they be improved upon to provide more relevant and insightful information for running the business?
- Does my system generate reports in a timely and consistent manner? Is the month-end close process taking longer than it should?
- Does my system have manual processes that can be automated to save time and eliminate manual errors?
- Does my company pay more for accounting labor than it should due to a lack of efficiency and automation?
Think of our audit as a way to insure your accounting system.
A deficiency in any one of these areas can cost a lot of money over time.
Email me (Jameson) to get started today.