Helping a Start-Up Transition Accounting Methods and Enhance Operations

As a rapidly growing healthcare client planned to change its accounting from a cash to accrual basis, they quickly realized a need for outside help. Changing accounting methods would require process improvements throughout the finance department that would create an organization-wide ripple effect. In addition, someone would need to hire, train, and supervise a team to make the vision a reality.

Vaco provided a team with deep expertise in accounting, process development and integration, training, team building, and financial reporting to design and implement a process to meet the management’s specific needs. In the role of Interim Controller, our consultant worked closely with private equity and management to ensure timely and accurate financial statements were prepared in accordance with US GAAP.