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Virtual CFO Services
- Formulation of Strategies and Policies: A Virtual CFO participates in Board Meetings and other Executive Meetings for providing an Expert’s perspective in devising Long-term Business Plans. A Virtual CFO also advises in the formulation of policies and procedures such as manpower, ERP, IT Controls, payrolls, etc.
- Finance & Accounts: This includes periodical reviews of Balance Sheet and Profit & Loss Accounts, cash flows, review of MIS, borrowings, and interactions with Government Authorities.
- Tax & Legal Compliances: A Virtual CFO would also provide services for compliances under tax laws such as GST and Income Tax (Return filing, advisory, etc). It would also include compliances under other laws such as the Companies Act, MSME Act, Factories Act, etc.
- Advisory for Special Transactions: A CA may also provide services as a Special Purpose Virtual CFO which would be limited to a certain period or a particular transaction such as a merger, demerger, acquisition, etc.
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