Frequently Asked Questions

We base our pricing structure on hourly rates. We don’t charge a monthly retainer or fee per transaction because we want you to know that you’re getting the very best value for our services. You will pay only for the work we do for you. To make our partnership most cost-effective, we’ll collaborate with you to maximize resources and utilize current staff.

We understand that every business is different; each business has its own unique challenges and needs.That’s why we’ll work together to develop a strategy to engage your current staff and resources in the process. Our collaborative, team-oriented approach will make your accounting function as efficient and cost-effective as possible.

Typically, we’ll set up an initial meeting to get to know you and your business needs better. Based upon our discussion, we’ll provide you with a detailed, written scope of work as well as a cost estimate.

Over the years, we’ve learned that the best matches between client needs and YourCFO services result in the most successful engagements. Thus, one of the most important attributes we look for in our clients is committed management: CEOs, directors, and program staff who are dedicated to the work of refining their financial management process.

Yes. Controller and CFO-level functions are some of our core services, and we work well with clients who currently have their own bookkeeper.

Yes. Helping our clients make the best use of their resources is one of our key strengths. Regardless of the scope of engagement, we work hard to identify more efficient accounting processes and procedures. As a result, you’ll generate more accurate financial statements, set more appropriate internal controls for safeguarding assets, and save more time and money.

We do not prepare any corporate or small business tax returns; however, we will close your books at year-end and coordinate with your CPA firm to provide information for tax and business planning. This benefits both you and your CPA, as we provide you with accurate financial information so that you can finish your taxes on time and make informed decisions for tax planning.

We realize that audits can be overwhelming for business and non-profit managers alike. If you are subject to a financial audit, we can make you aware of what to expect and help you prepare. We have worked with several auditing firms in the Greater Pittsburgh Area, and we thoroughly understand the process. We will also assist with Single A-133 audits, which are required for organizations that receive a certain threshold of federal funds.

We do not process payroll, but we can help align your payroll process with your financial management system. We’ll enter payroll into your accounting system, and we’ll set up and maintain payroll allocations by department, funding source, etc. Companies that process payroll have the capacity to follow IRS, state, and local tax regulations and timing requirements for tax deposits and payments. If you are a small business or a non-profit, then hiring a payroll company could be a cost-effective way to manage your payroll. Outsourcing would also unburden you of the responsibility of tracking tax filing requirements, completing payments, and submitting year-end reports.

In our experience, small businesses and non-profits often express the following common challenges and concerns:

  • I need accounting oversight.
  • My accounting function or department is not operating efficiently or cost effectively.
  • My company is growing, but I seem to have very little cash in the bank.
  • I need clear financial reporting for my board of directors.
  • My audit contains deficiencies, and I need help addressing them.
  • My bookkeeper left and my books are a mess.
  • I have an upcoming audit, and I need help preparing my books.
  • I don’t know if I’m making money.
  • I don’t have time to focus on bookkeeping and accounting.

Have additional questions?