How does your finance function work today?
Ten questions about your accounting, reporting and month-end close. No judgement, no commitment. The result is a straight read on what already works — and where it pays to look closer.
How many legal entities do you run?
Entity = one separate legal company. Holding + subsidiary = 2 entities.
Which of these situations applies to you today?
Pick the one that best describes where you are now. If more than one applies, pick the one with the biggest impact on your finance function.
When do you get your monthly close?
Monthly close = the previous month is fully booked, with profit & loss and balance sheet ready.
How do incoming invoices reach you?
The way invoices and source documents end up in your accounting system.
How is your management reporting set up today?
The reporting you use to run the business — not just the statutory statements.
How do you track cash flow in the business?
A forward-looking plan of receipts and payments, compared against actuals.
How are invoices approved before they get booked?
A record of who approved the document, when, and on what authority.
How often do you talk to your accountant about the bigger picture (tax, structure, planning)?
Not just operational questions, but the direction of the business.
If an audit or tax inspection landed tomorrow, where would your documents be?
How long it would take to produce a complete set of documents.
Are you planning any change to your finance function in the next 12 months?
For example a new entity, new country, bank, investor, succession or a move to a new accounting or information system.