Accounting & Finance

Accounting & Finance at The M David Katz Company

Our Goal

To ensure the organization maintains proper record of transactions and accurate financial statements to help secure investors and working capital. The M David Katz Company works with Business Owners, Stakeholders, as well as Internal and External Accounting Professionals to accomplish efficient and accurate accounting and finance processes.

Strategic Level

We work with Business Owners and Stakeholders to assess current accounting and finance processes within the organization.

The assessment begins with a comprehensive review of:

  • Start-up Funds (if applicable)
  • Cash Management Basics
  • Compensation
  • Cash Flow
  • Banking & Loans
  • Taxes
  • Cost Control
  • Expense Reporting
  • IPOs

Every business owner knows that cash is the business’s lifeblood. The M David Katz Company works to ensure that accounting and finance is managed well, so that your company remains financially strong. If you are in search of funding, The M David Katz Company can assist you in securing the financing necessary to grow your company.

Tactical Level

Once an elaborate accounting and finance assessment has been completed, and room for improvement has been identified, The M David Katz Company begins the process of executing the predetermined accounting and finance strategy.

This involves working with Internal Accounting Managers, or in some instances External Accounting Firms, to introduce the new accounting practices, assess any immediate concerns and review each manager’s capabilities of taking on the new tasks.

Operational Level

Best accounting and finance practices are practiced throughout the entire organization, not just by the accounting or finance department. Employees are informed of their new roles and responsibilities surrounding expense documentation, tracking client hours, requesting reimbursements and more.

With each employee and department recording their financial activity, Stakeholders can then reveal where too much money is being spent. Stakeholders can also identify areas where not enough money is being spent, such as marketing or sales.

Additionally, having accurate accounting records and financial statements will help your company more accurately manage taxes. Accurate tax documentation and payments are essential, as mistakes can result in costly penalties.