Gain Control Over Your Business Financial Wellness
Providing Financial Management Services
When most business owners hire an accountant it is usually a financial accountant at the end of year to compile their financial statements and to file their corporate taxes. What about throughout the year, when you find out you are struggling to understand how your business is performing or why it is not performing as you had expected? You may be uncertain what your accounting system is telling you about your business, or you are confused why you only earned 35% margin, when you were sure you were making 50%. This is when financial services are needed.
Financial Versus Management Accounting
Financial accounting is used to determine the financial position of your business. Your compiled financial statements represent the financial results of your business over a specific period of time. In other words, financial accounting looks at your past performance, which is important to stakeholders as well as lenders and investors.
Management accounting is based on current and forward looking trends to help you make decisions about your day-to-day operations. Management accounting requires that you have a good understanding of the business and how it operates as it focuses on looking at processes
As a management accountant, I focus only on providing management accounting services and will work in collaboration with your financial accountant to ensure improvement in your business financial health. In many cases, our client's financial accountant has recommended they find a management accountant where I have worked with them to troubleshoot certain aspects of their business.
All of the services provided by Rudy Fischer, CPA,CMA are management accounting services. He does not perform compilations of statements (Notice to Reader, Reviews, or Audit) or file taxes, all of which are financial accounting services. His focus is working with you and your financial accountantin your business to help you improve your business performance by helping you set direction, develop the necessary processes and procedures required to run your business, setting metrics and measurements needed to monitor your success, as well as determining the required reporting so you understand how your business is running.
Rudy Fischer is a Partner in RK Fischer & Associates, which is a business consulting and business coaching firm which helps deliver clarity & focus to Canadian owner-operated businesses. All financial management services are provided through RK Fischer & Associates , where they are performed and/or reviewed by a CPA, which adds significant credibility to any engagement.
START YOUR BUSINESS
As a start-up business, you want to get your business off on the right footing so are able to concentrate on working to make your business a success. We provide business consulting services and coaching that will help you define and set-up your business properly, apply for the required financing, and obtain the necessary coaching to support you in building a profitable business.
GROW YOUR BUSINESS
As the owner of a growing business, you end up wearing many hats when it comes to running your business on a day to day basis. At times due to time, you may find yourself spending too much time in your business when you need to focus on working on your business. We offer business consulting services and business coaching to help you gain control over your business, so you can spend more time working on your business.
FIX YOUR BUSINESS
There are times where the issues going on in your business are keeping you up at night and you are not sure what is the exact cause. We offer business consulting and business coaching that can help assess and pinpoint the cause of your pain and help implement solutions to help you turn the issue around and move your business in a forward direction.
MANAGE YOUR BUSINESS
As a business owner, you end up wearing many hats when it comes to running your business on a day to day basis. At times due to time, you may find yourself spending too much time working in your business when you want to focus on working on your business. We offer business consulting services and coaching to help you get better control over your business, so you can spend more time working on your business.
BUY OR SELL YOUR BUSINESS
Whether you are looking to buy a business or you are at the point you are looking to transition and sell your business, there are certain aspects that are important to consider. When buying a business, you want to make sure that the business you are purchasing is everything the buyer is promising for the price you are willing to pay. When you thinking about selling a business, there is planning you want to consider in order in improve performance and look what is needed to increase the value, so when you sell you receive the value you want for your business.
Our offices are located in Southwestern Ontario, but we are able to provide services remotely across Canada. We do not provide business coaching onsite except within our local area, but provide other consulting services onsite that are a minimum of a day if you are located in Peterborough, Orillia, Clarington, Bowmanville, Oshawa, Whitby, Ajax, Pickering, Scarborough, Toronto, Markham, Aurora, Newmarket, Richmond Hill, Vaughan, King City, Brampton, Caledon, Bolton, Mississauga, Etobicoke, Oakville, Burlington, Milton, Hamilton, Guelph, Kitchener, Cambridge, Waterloo, and Windsor. Our local service area for onsite services under one day is Sarnia, Chatham, and London.
For services outside our service area within Canada who require onsite services, please contact me to determine how we may best service your requirements.
Copyright Rudy Fischer, CPA, 2018 All Rights Reserved
Rudy Fischer, CPA, CMA | (877-504-2049) (Toll Free) ext 102 | firstname.lastname@example.org