When we diagnose the finances of your firm, we perform a thorough analysis of your accounting system and financial records. A typical diagnosis entails a review of your QuickBooks file and supporting ledgers and files. We will ask you to pull records from client files and request information from vendors on a sample basis. Our focus is to determine that:
The desired outcome of the diagnosis is:
We perform a simple review of your QuickBooks file
Next, we analyze your client cost advances
We analyze your entire system regarding your Trust (IOLTA) account
How are you processing payroll?
The objective of the diagnosis is to see where your firm is financially and makes corrections and creates a system where you have confidence going forward that you are making business decisions based on factual information