Posted: 14 July 2023

USA Predictive Accounting experience
Business Advisory Services Update
The ESS BIZTOOLS’ upcoming webinar on Tuesday – Predictive Accounting Helps SMEs – will feature Christian Wielage, CEO of PlanGuru Inc, a leading software company from the USA. PlanGuru specialises in the development of software for the preparation of budgets, cashflow forecasts and projected balance sheets – commonly known as Predictive Accounting.
Christian Wielage will discuss the emergence of “Functional CFOs”, which is the terminology given to accountants and others in the USA who supply a business orientated service that enables SMEs to have the assurance that their financial accounts have been properly evaluated each month, and that their budget has been compared to the actual performance and a forecast report which incorporates actual performance. Furthermore, the budget estimates for the remaining months in the financial year has been prepared and analysed each month.
“Accountancy firms like Summit CPA whose founder Adam Hale participated in a webinar for Australian accountants last year are still the most successful firm offering a variety of advisory services in the USA.” Christian Wielage said.
“The work that Summit CPA are performing is highly valued by their SME clients but also by accounting team members. In fact, Summit receives around 2000 resumes a month sent to them by accountants who are interested in joining the pacesetter of the American accounting industry.”
The talent attraction and retention problems that many Australian accounting firm partners have been encountering is obviously not an issue for firms like Summit CPA, who have fully embraced the concept of offering “Fractional Chief Financial Officer Services”.
Predictive Accounting is important for all business operators.
You’re invited to register to our complimentary webinar, to be held on Tuesday 18 July at 10am AEST. We will provide an overview of the trends in the USA and we will discuss how “Functional CFO Services” can be offered by Australian accounting firms.
Click here to register to attend. You can claim CPD point if you’re a CPA Australia member (must attend the duration of the webinar).
Visit www.essbiztools.com.au to find out more about the services that ESS BIZTOOLS offer, including our current new financial year special on our product packages.