PKF Texas is happy to be a Gold sponsor for the 2021 Texas CPA Society (TXCPA) Houston CFO/Controllers Conference, with Entrepreneurial Advisory Services Director, Sam Razmandi, CPA, serving as Event Chair! The conference will be hosted in-person with a virtual livestreaming option. Topics will provide CFOs, controllers, and accounting professionals in industry and public with
Jen: This is The PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m back again with Matt Goldston, one of our directors of our Entrepreneurial Advisory Services team, and one of the faces of the PKF Texas Bank Advisory Services team. Matt, welcome back to The Playbook.
Matt: Thank you, Jen. I appreciate it.
Jen: So, we’ve had some conversations – can you tell me a little bit, what is a bank field audit?
Matt: Certainly. A field audit or field examination is typically engaged by the bank, where we’ll go in and we’ll look at their client, we’ll review their banking agreement, we’ll look at the underlying assets that support balances that they’re reporting to the bank. So, it’s basically a third-party review in depth of their reported balances to a bank.
Jen: And what types of clients actually need these types of examinations?
Byron: Welcome to The PKF Texas Entrepreneur’s Playbook. My name is Byron Hebert. I’m the Chief Growth Officer here at PKF Texas, and today I want to introduce you to two of the faces of PKF Texas, Matt Goldston and Sam Razmandi.
We’re going to talk to you today about one of the services PKF offers: our Outsourced Controller and CFO Program in the Entrepreneurial Advisory Service Department. Both these guys are experts in this area, and so I’m really excited to introduce them to you. Let’s start with Matt.
Matt, why would a company outsource their controller or CFO function?
Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m back again with Matt Goldston, an Entrepreneurial Advisory Services director and one of the faces of PKF Texas’s Transaction Advisory Services team. Matt, welcome back to The Playbook.
Matt: Thank you, Jen.
Jen: So, we’ve spent a number of segments…
Your not-for-profit’s ability to pursue its mission depends greatly on its financial health and integrity.
If your not-for-profit is growing and your executives are struggling to juggle financial responsibilities, it may be time to hire a chief financial officer (CFO).