In today’s dynamic business landscape, having a dedicated CFO is vital, but not always feasible. That’s where VCFO steps in, offering expert financial guidance without the hefty price tag of a full-time executive.
From financial planning and analysis to budgeting, forecasting, and strategic decision-making, VCFO services provide tailored solutions to suit your business needs. Whether you’re a startup seeking financial direction or an established company aiming for growth, VCFO offers flexible, on-demand support.
With VCFO, you gain access to seasoned financial professionals who bring their expertise to the table, helping you navigate complexities, optimize resources, and drive profitability.
Download the VCFO Requirements Excel file here.
As for the initial requirements to kickstart the VCFO process:
- Trade License, MOA & KYC of Shareholders (Emirates IDs, Passport Copies)
- Audited Financials of earlier years
- Accounting Software Details
- Backup of Existing Accounting Data
- Bank Statements, including Loan statements
- Details of Investments and Borrowings
- Sales Invoices
- Purchase Bills
- All Expenses, along with supporting documents
- Reimbursements of Employees as well as Owners for booking expenses
- Other Incomes & Supporting Documents
- Payroll Statements
- Details of Fixed Assets
- Lease Agreements
- Stock Statements
- Revenue Agreement copies
- Any other information relevant to accounting (Any Excel Sheet maintained by the client)
- Details of VAT Returns filed
- Copies of significant contracts and agreements (e.g., supplier contracts, client contracts)
- Details of any business insurance policies
- Minutes of Board Meetings and Resolutions passed by shareholders or directors
- Details of intercompany transactions
As part of our VCFO services, Spectrum Audit provides thorough oversight throughout the financial management process. We ensure meticulous attention to detail in managing your company’s finances, from optimizing assets and liabilities to enhancing shareholder value. Our team assists in streamlining financial operations, offering strategic advice, and implementing solutions to drive business growth. With our expertise, we help businesses navigate complexities and achieve their financial objectives effectively. Contact us today to learn more about how our VCFO services can support your business.
For more information regarding your VCFO requirements, feel free to contact us at +971 4 2699 329 or email us at [email protected].
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