BlackWood Experience

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The BlackWood team of financial experts has demonstrated success in nearly every financial activity your company may face in its lifetime. Our success is the result of the culmination of the unique and significant skill sets of each of our team players.

Our team has experience in the following areas: (click on each)

Financial Management	Design, Documentation and Implementation of Finance Functions
Financial Analysis	Process Improvement
Financial Reporting	Transaction Management

	Customer billing & collections


	Cash receipts and bank deposits


	Bank statement reconciliation


	Liaison with bank concerning issues and/or problems


	Vendor invoice processing & payments


	Vendor liaison (with respect to accounting issues)


	Employee expense report processing & reimbursement


	Payroll administration & processing


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	Revenue recognition accounting


	Debt/equity accounting


	Lease maintenance and accounting


	Maintenance of all balance sheet accounts (including fixed asses and depreciation, prepaids, deposits, etc.)


	Accounting for all stock option plans


	Maintenance of the general ledger for profit center and project profitability


	Coordination with external auditors and tax advisors


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	Definition and documentation of accounting policies & procedures


	Development of process flowcharts and narratives


	Development of the accounting department calendar


	Internal controls design and implementation


	Accounting systems conversion and implementation


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	Development of a menu of standard reports for management, board of directors & investors


	Production of monthly, quarterly and annual financial statements (income statement), balance sheet and cash flow statement) according to GAAP


	Compliance reporting for lenders


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	Review and interpretation of all financial reports


	Production of actual-budget-variance reports


	Key indicator reports


	Industry comparison reports


	Performance and profitability analysis


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	Operating and capital budgets


	Cash management & treasury functions


	Production and monthly maintenance of a corporate financial model


	Participation in management meetings, board and/or investor meetings


	Liaison to outside professional services including attorneys, bankers & investors


	Primary Liaison for debt/equity financing


	Liaison to company's tax planning service


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