top of page


BlackWood helps you build company-wide efficiencies and sound financial management by using our proven systems of integrated accounting processes and latest best-in-class technologies.

We offer comprehensive finance and accounting services, including the CFO function, on a scalable basis, to small to mid-sized businesses, franchise operations, start-ups, fast-growth companies, non-profits, and social entrepreneurs.  The BlackWood solution allows clients, on an outsourced basis, to plug into our experienced finance and accounting teams and our established systems and draw out exactly what they need and when they need it.  


We offer the full spectrum of services from data entry and month-end reporting to financial analysis and strategic planning; and we assign teams of professionals from entry-level accountants to analysts, CPA's and MBA's.  We work closely with each organization to customize our services to meet the unique needs of their business.

We are committed to offering our services using the latest technologies and standardized systems so that our teams are using the most efficient accounting software tools, processes and established best practices.  Since 2002, this approach has our allowed our clients to have access to a world-class accounting function without having to incur the cost of staffing, training and managing an in-house accounting department.

General Accounting

  • Maintenance of all balance sheet accounts

  • Maintenance of the general ledger for profit center and project profitability

  • Revenue recognition accounting

  • Debt/equity accounting

  • Lease maintenance and accounting

  • Accounting for all stock option plans

  • Coordination with external audio and tax advisors

Processing Transactions

  • Customer billing & collections

  • Cash receipts and bank deposits

  • Bank statement reconciliation

  • Liaison with bank 

  • Vendor invoice processing & payments

  • Vendor liaison

  • Employee expense report processing & reimbursement

  • Payroll administration & processing

Financial Management

  • Create business plans and secure financing

  • Build and manage financial models for cash forecasting and measurement of identified key metrics

  • Developing processes for companies to define short, medium and long term goals and objectives and the associated operating and capital budgets to support those goals and objectives

  • Creating financial information packages for delivering financial presentations to companies’ senior management, board of directors and Wall Street analysts

  • Filing registration statements with the Securities & Exchange Commission related to initial public stock offerings

  • Raising million dollar rounds of venture capital and private financing

  • Coordinating the internal development of legal and human resource functions

Financial Analysis & Reporting

  • Re-designing company chart of accounts and profit center accounting for more meaningful financial reporting and analysis

  • Critiquing new product launches based on profitability analysis

  • Designing systems and reports to analyze and monitoring cash flow for capital expansion projects

  • ​Producing historical and ongoing GAAP financial statements

  • Managing audits of financial statements by external auditors

  • Developing standard financial reporting package for multi-location operations

  • Preparing and reviewing company financial reports and filings for compliance with SEC guidelines

Design, Implementation & Improvement of Finance Functions
  • Formulating work flow diagrams, scheduling systems, budgets and job definitions to streamline operations, reduce costs and increase productivity

  • Testing internally developed accounting software and providing recommendations to computer programmers

  • Building the finance and accounting infrastructure to support company growth

  • Selecting, developing and implementing systems for general accounting, financial reporting, international accounting, revenue recognition, stock options administration, fixed assets, purchasing, and time and expense tracking

  • Developing systems to benchmark internal policies and procedures for evaluating process risk and then designing and implementing internal controls to address noted weaknesses

  • Coordinating accounting systems conversions and implementations

bottom of page