Leadership & structure

Outsourced CPA’s interim and part-time CFOs will provide your startup with a support structure that facilitates growth without distraction, letting the founding team focus on meaningful growth of the company and product/service.

Financial discipline

As your startup’s Chief Financial Officer, Outsourced CPA helps set the financial tone for the organization, always keeping an eye on the upward valuation and ensuring the Company manages cash flow and maximizes ROI on its investments.

Growth-focused culture

We streamline the Company’s focus on growth and value generation.

Financial planning & analysis (FP&A)

A critical contribution of the interim CFO is to provide accurate, timely, high quality financial analysis and advice to decision-makers and to link the strategy of the startup to its operating and capital budget.

Modeling, forecasting & budgeting

The interim CFO constructs a working model of how your business should perform financially if certain strategies are executed and milestones are reached.

Financial reporting & dashboards

By designing and producing reports and dashboards, the interim CFO makes apparent the actual financial operation and health of the business as measured against the forecasts and budgets.

Valuation strategy & optimization

As interim CFO, Outsourced CPA can help you determine and present a well-reasoned and optimized valuation of your startup to investors, partners, and potential acquirers. We help keep every penny spent focused on maximizing that valuation.

Board meetings

Properly preparing for a Board meeting can be a daunting and time-consuming task. Your interim CFO can help you prepare and ensure that your data and presentation is focused and informative. For several of our clients, we actually attend and conduct Board meetings on behalf of the management team.

Fundraising

The interim CFOs at Outsourced CPA know what investors like and have access to an impressive network of funding sources. Although we don’t do cold “intros”, we do specialize in making sure that our startups are as fundable as possible and that our VC friends take notice when we have a gem.

M&A support

For many startups, a merger or acquisition represents the exit strategy. Our interim CFOs have participated in and presided over several M&A events; helping with due diligence, negotiating the highest valuation possible, and helping the transaction goes smoothly.

Best practices

One of the biggest advantages of interim CFO is the varied experience and industry contacts that come from working with multiple startups and industries. We see trends, what works, and what doesn’t. This allows Outsourced CPA to continuously bring proven practices to your startup.

Supporting the CFO team is an experienced group of accountants and bookkeepers who manage day-to-day business functions for startups including:

• Day-to-day accounting
• SaaS accounting expertise
• Basic bookkeeping
• Expense entry
• Expense reports
• Accounts Receivable (AR)
• Accounts Payable (AP)
• Monthly close
• Report preparation
• Banking
• Tax & audit preparation
• Planning
• Purchasing
• Inventory management

Beyond the basic maintenance of the daily accounting and controller activities, Outsourced CPA implements accounting systems, as well as supervision and training of existing staff—all cornerstone elements important to building a fully functioning accounting department.

• SR&ED expertise
• Grants & Incentive experience
• Tax planning
• International Taxation – Inbound and Outbound

The innovation economy created by startups and their collective ideas, vision and drive, creates a unique combination of tax issues not faced by most industries. There are tax considerations at all levels that can differ for goods, software and services and often there are two or more of these involved in a given transaction.

Tax rules and regulations lag behind the products and services brought to life through your creations. The cloud and technology efficiencies continually gained now facilitates the ability to expand or launch into a much broader geographic area, financially prohibitive not long ago, with the incremental cost decreasing almost constantly.

Canadian companies have the benefit of the SR&ED program which helps finance innovation through experimental development.