Thomas Huckabee CPA, in San Diego provides outsourced or part-time CFO Consulting Services to small and midsized, private and public companies. At Thomas Huckabee CPA, we strive to protect and enhance the financial stability and state of your company. We are experts at communicating clear, concise and understandable solutions to and for a variety of complex corporate issues such as mergers and acquisitions, sell-side preparation, post-merger implementation, risk management, technical accounting and overall financial process services. We operate as your interim CFO or Controller while your company expands and grows to the point where it is large and financially secure enough to hire a permanent in-house CFO and/or Controller. Ever wonder how successful, growing companies have the time and money to maintain a full internal accounting department? The secret is that many of them don’t. Today, businesses are frequently utilizing outsourced CFO services to save resources and streamline their operations.
A High-Level Description of our Different CFO Services & Capacities
Advisory CFO Services
Thomas Huckabee takes on a role similar to a consultant whereby we act as a board of advisors to your company’s existing CFO; this is similar to how a CEO would consult its board of directors for assistance with major decisions. Because the CFO role manifests itself in a variety of different ways, with many complexities, we consult with your CFO to make more sound financial choices. Our fees are competitive, so the capacity of an advisory CFO service with Thomas Huckabee can be compared to a high value added service at a reasonable cost.
A CFO is different than a small business controller, which the controller is usually the company’s head of accounting and therefore also has a historical perspective. A CFO consultant’s job is to focus on today, how do we manage and structure your company in order for it to grow. Also looking at how the company is setup today is a concern as well as interacting with shareholders and bringing in new equity and funding opportunities. Though we act in a way that a CFO does, our controller experience also helps us to look at the numbers historically to make predictions as well as carry out CFO functions to bring in funding today.
Outsourced CFO Services
The outsourced variety of services that Thomas Huckabee CPA offers is utilized for tasks that require a high level of degree of expertise in certain areas. Generally speaking, these are tasks that are needed and completed annually or the like. One instance where this service can be used is in certain situations where it is not always cost effective to hire a full-time CFO because a task needs only to be filed on a quarterly or annual basis. Filings such as 10-Ks, 10-Qs, S-1s, S-4s, and 8-Ks, all used for SEC reporting, would fall under this umbrella of services.
Companies turn to Thomas Huckabee CPA to enhance their finance accounting team without committing to a full-time chief financial officer or to fill a interim CFO or accounting position.