3 Tips To Be Audit And Due Diligence Ready, And Why It Matters with Mike Dansby

How can you maximize the value from your audit and/ due diligence process? You may have had challenges with your audit or be in the midst of planning for the next one. It’s possible your company may be pursuing the next round of funding. How can you be better prepared? How can you maximize the value of your business?

Join Consero’s webinar to hear real stories – the good, the bad, and the ugly – directly from Mike Dansby, a CFO with more than 35 years of combined management and consulting experience in multiple industries including software, tech, and services.

You’ll learn how you can reduce your audit risks and help your organization to be audit and due-diligence-ready.

In this 45-minute webinar, you’ll discover:

* How to improve your process for preparing audit and due diligence-ready financials
* Why having buttoned-up financials at all times is critical to valuation
* Ways to ensure your company successfully completes an audit and due diligence

Learn more about how you can quickly get an efficient and audit-ready finance function: https://conseroglobal.com/request-a-c...

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Consero FaaS: Disrupting the Outdated Traditional F&A Model

Transformation
  • Cash to GAAP conversion
  • Clean-up work
  • Interim oversight & support
  • Accounting software Implementation

Build it Yourself Solution

  • CFO / Interim CFO
  • Consultants / VARs

Consero FaaS Solution

  • CFO / Interim CFO
  • or Consero Interim CFO
  • Consero Setup/Transformation
Ongoing F&A
  • Monthly financials
  • Daily accounting support
  • Management reporting
  • Integrate add-on acquisitions

Build it Yourself Solution

  • CFO
  • Controllers & Accounting Team
  • Enterprise Accounting Applications

Consero FaaS Solution

  • CFO
  • or Consero Fractional CFO
  • Consero FaaS Enterprise F&A Software and Services

New PE Platform Investment F&A Challenges

Founder Owned Company Accounting:
  • Existing accounting done on a cash/hybrid basis
  • Run on SMB accounting software and other disparate applications
  • Inability to produce auditable financials
  • Lack of know-how to develop projections & KPIs
  • No consistency/structure to customer contracts
  • Underqualified staff
  • Non-scalable manual processes
Carve-Out Accounting:
  • Required to move off parent company accounting applications in a timely fashion
  • Have to build an entire F&A team
  • No documented operational policies and procedures
To Optimized Finance & Accounting:
  • Monthly financials available in 5-10 business days
  • Audit and diligence ready support details
  • Integrated enterprise grade accounting software
  • Budget and forecast reporting
  • Business KPIs
  • Efficient & scalable processes for rolling in add-ons