Accounting & Bookkeeping

A ledger you can build decisions on.

Every other part of the finance function inherits the quality of the accounting underneath it. We run that layer as an operating discipline, not a monthly catch-up.

The remit

What we take ownership of

Late books are not only an accounting problem. They delay reporting, weaken compliance positions, obscure cash and make every commercial conversation slower than it should be.

CFO World maintains the books, reconciliations and close process on a published calendar, with a review layer above the preparation. The people producing the numbers are supervised by people responsible for what those numbers are used for.

Where an existing ledger is behind or unreliable, we begin with a clean-up and a documented basis of preparation before moving into the ongoing rhythm.

  • Disciplined month-end close on a published calendar
  • Reconciled banks, ledgers, receivables and payables
  • Management accounts, P&L and balance sheet you can rely on
  • Project, entity and cost-centre level accounting

Scope examples

Typical components of the engagement

Scope is set per client. These are the elements most engagements draw from.

Core bookkeeping

  • Purchase, sales and general ledger maintenance
  • Bank, card and payment gateway reconciliations
  • Fixed asset register and depreciation
  • Accruals, prepayments and provisions

Month-end close

  • Published close calendar with owner per task
  • Reconciliation checklist and sign-off
  • Journal review and supporting schedules
  • Trial balance review before reporting

Management accounts

  • Profit and loss with departmental detail
  • Balance sheet with supporting schedules
  • Cash movement summary
  • Commentary on movements and anomalies

Receivables & payables

  • Aged debtor and creditor reporting
  • Invoice processing and approval trails
  • Supplier statement reconciliation
  • Escalation of overdue and disputed items

Dimensional accounting

  • Project, contract and job costing
  • Cost centre and department reporting
  • Multi-entity and intercompany bookkeeping
  • Revenue recognition treatment where relevant

Systems & clean-up

  • Chart of accounts design or rebuild
  • Historical clean-up and catch-up work
  • Accounting system migration support
  • Documented process and workpaper standards

Accounting scope is normally paired with Tax & Compliance and Finance Operations so that the ledger, the filings and the payment workflows are maintained by one team on one calendar.

Operating rhythm

How the work actually runs

A named team, a fixed calendar and defined responsibilities — so nothing depends on someone remembering to chase it.

  1. 01

    Weekly processing

    Transactions captured and reconciled through the month, so close is a review exercise rather than a rebuild.

  2. 02

    Close by a fixed date

    An agreed working-day target for close, held to consistently and flagged in advance if at risk.

  3. 03

    Review before release

    A senior reviewer signs off reconciliations and schedules before any pack reaches management.

  4. 04

    Audit-ready files

    Workpapers maintained continuously so year-end and audit requests do not become a separate project.

Next step

Let's define what your finance function should cover.

Tell us how finance is run today and where it is straining. We will review the context and come back to arrange a call.