Industry: Financial Services Type of Service: Pre-audit Issue CFO Consulting Partners was engaged by a start up FinTech Company to assist in the preparation of US GAAP financial statements for a Review and eventual audit. The Company is a pioneer in its industry and needed the Review report to be included in its application for… Continue reading Case Study – Preparing US GAAP Financial Statements for Review and Audit
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Case Study – Private Equity Firm Portfolio Company Sale
Background: A private equity firm desired to sell one of its portfolio companies. The company, with sales of $75 million, was a leader in the fashion industry. The incumbent Chief Financial Officer and Controller left at the start of the sale process. Problem: The company could not hire another full-time Chief Financial Officer and Controller… Continue reading Case Study – Private Equity Firm Portfolio Company Sale
Industry: Financial Institutions
Type of Service: Planning & Analysis
Worked with a large credit association that incurred a dramatic increase in the purchase of their liability insurance. Developed a risk retention group (RRG) that issued liability insurance policies on a national scale, significantly reducing the regulatory constraints of obtaining individual state licenses. Association was able to significantly reduce the cost of its coverage based… Continue reading Industry: Financial Institutions
Type of Service: Planning & Analysis
Industry: Financial Institutions
Type of Service: Planning & Analysis
Engaged as advisor to chemical manufacturer. Company was not able to place a needed coverage in the commercial insurance market; as such all losses were being paid using after tax dollars. Established a captive to provide coverage using the policy language desired the client. Premiums paid to fund the coverage incurred a nominal tax rate,… Continue reading Industry: Financial Institutions
Type of Service: Planning & Analysis
Indutry: Financial Institutions
Type of Service: Planning & Analysis
Family owned company sought tax effective method to issue dividends. Worked with client to establish a captive that provided select coverages under its existing insurance program, i.e. liability and coverage for its primary insurance program’s loss deductibles. Captive program was designed to generate underwriting and investment gains that were used to fund its dividend program.… Continue reading Indutry: Financial Institutions
Type of Service: Planning & Analysis
Industry: Business Services
Type of Service: Finance Transformation
Project Managed and executed the installation of a cloud-based Enterprise Resource Planning system for a 100+ staff, multi-office professional services firm. Over a three-month period, analyzed and documented existing accounting and billing processes; created integration plan between ERP system and three supplemental (different vendor) modules; designed new accounting processes; migrated 7 years of history; develop… Continue reading Industry: Business Services
Type of Service: Finance Transformation