Specializing in Innovative Non-Attest Engagements
Most business decisions are driven by financial information. Accurate and timely information allow clients to remain calculated and agile, equipped with critical resources to monitor their health and performance.
FORECASTS & BUDGETING
Proper planning begins with prospective vision. The future is never absolute, but clients find that working towards realistic goals with carefully designed resources can lead to stable and sustainable growth.
Maintaining objectivity and independence can be very challenging for private industry accountants responsible for fairly presented financial statements. Whether it’s a fresh perspective or preparation for an official report, clients will benefit from this private consultation by gaining insights on how fairly their financial statements present and how well their internal controls are operating.
An organization’s digital infrastructure can be an asset or a liability. Effectively capturing and organizing data in a manner that's useful may provide invaluable insights for managerial decisions and strategic direction. Also, a well-designed system can improve communication, increase internal control, and enhance overall efficiency. Whether it’s a workflow automation, data centralization, resource integration, or a complete system overhaul, Financial Excel can guide the process.
Regulations constantly change and clients find great value partnering with a trusted advisor who can help optimize their various tax strategies. Financial Excel offers an array of integrated solutions that range from reporting adjustments to capitalize on new opportunities to filing of annual tax returns.
Sustaining healthy growth and capturing market share can be very challenging for any business. However, it begins with a thorough understanding of one’s core competencies. Financial Excel can equip its clients with guided decisions and honest advisement, powered by quantitative analyses, calculated risk assessments, and intuitive resources.
Appraising the value of items can require a tactful approach and some careful consideration. Clients gain from reasonable valuations by furthering financial statement accuracy, adding credibility and integrity to their businesses.
PRO FORMAS & MODELING
Clients find significant value when given the ability to quickly and easily comprehend the expected outcomes of multiple scenario analyses, especially when faced with difficult or conflicting decisions.
Financial Excel has the resources and experience to perform the investigative accounting procedures to reveal concealed transactions, expose fraud, and maximize clarity surrounding isolated events.
Having the ability to touch and interact with data allows for rapid interpretation, leading to a deeper understanding of causal relationships and how to remain responsive in an increasingly competitive global economy.
Establishing effective workflow and record keeping for accounting processes are essential to a lean and successful department. Financial Excel has the experience its clients need to optimize their accounting and finance operations.
Financial reporting frameworks can appropriately differ for various reasons and clients appreciate the ability to communicate, reconcile, and convert a basis of accounting for financial statement comparability and understandability.
Not all decisions are driven by financial information, and in fact, it may over complicate the analysis. Conversely, financial data can be strengthened by other information for a deeper understanding of causality. An argument can be made that all activities affect financial performance and Financial Excel can assist its clients with the data analytics needed to excel.
Understanding risk and reward are critical when making investment decisions. Financial Excel can dissect these general concepts into distinct considerations such as tax effects, cash flow, liquidity, economic factors, portfolio concentration, and time to empower its clients with the valuable information needed to guide the decision-making process.
HISTORY & PURPOSE
In 2015, after years of professional advancement, Ryan Koretoff founded Financial Excel to deliver innovative accounting and finance solutions to its clients. His progressive approach to redefining the accounting and finance processes within an organization have been transformational.
Traditionally, businesses of all sizes have classified accounting and finance functions as cost centers – non-revenue generating business units, with the fundamental purpose of reporting activities. However, what if they were transformed into profit centers? What if they assumed greater responsibility for producing enterprise-wide efficiencies which directly contributed to the bottom line?
Modern technologies now allow companies to safely and reliably centralize their data while decentralizing the authority for data entry. In other words, companies are finding ways to allow more users to safely and easily contribute data to their accounting systems. The results typically translate to streamlined operations, with elevated employee roles, and a safe segregation of duties that all add to the client’s bottom line and overall internal control. When coupled with advancements in data visualization, organizations are equipped to quickly see financial data from multiple angles resulting in rapid interpretation, enhanced decision making, and easier communication.
Technology will continue to accelerate and redefine modern business practices. As these changes generate greater demand for high-quality data collection, organization, and presentation, Financial Excel pledges to keep pace with industry leading practices and help its clients by delivering calculated responses to complex accounting and finance matters.