Zeroed-In Consulting

𝐻𝒶𝓅𝓅𝓎 𝐻𝑜𝓁𝒾𝒹𝒶𝓎𝓈 from all of us at Zeroed-In Consulting! We’re so 𝗴𝗿𝗮𝘁𝗲𝗳𝘂𝗹 for our clients, partners, and connections who made this year incredible. Your 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝗻𝗱 𝗰𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 mean the world to us. Wishing you and your loved ones a season filled with joy, warmth, and success. Here’s to a bright year ahead! #HappyHolidays #Gratitude #ThankYou #SeasonOfJoy #ZeroedInConsulting

🚨 𝗔𝘂𝗱𝗶𝘁 𝘀𝗲𝗮𝘀𝗼𝗻 𝗶𝘀 𝗰𝗼𝗺𝗶𝗻𝗴 – 𝗮𝗿𝗲 𝘆𝗼𝘂 𝗿𝗲𝗮𝗱𝘆? 🚨 It’s easy to get overwhelmed when the PBC list lands on your desk. But here’s the truth: 𝘵𝘢𝘤𝘬𝘭𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘢𝘵 𝘰𝘯𝘤𝘦 𝘪𝘴𝘯’𝘵 𝘵𝘩𝘦 𝘢𝘯𝘴𝘸𝘦𝘳. We’ve seen three common pitfalls that can derail timelines and add unnecessary stress. 1️⃣ 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 Not all PBC items are created equal. Teams sometimes focus on the wrong things first, leading to delays. Work with your auditors to prioritize high-risk areas and items they need upfront so the process stays on track. 2️⃣ 𝗜𝗻𝘁𝗲𝗿𝗶𝗺 𝘁𝗲𝘀𝘁𝗶𝗻𝗴 𝗰𝗮𝗻 𝘀𝗮𝘃𝗲 𝘆𝗼𝘂 𝘁𝗶𝗺𝗲 Why wait until year-end? Some areas – like revenue – can be tested prior to year-end. Communicate with your auditors early to align on what you can and can’t deliver within the PBC deadlines so they can structure their audit plan accordingly. 3️⃣ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 > 𝗤𝘂𝗮𝗻𝘁𝗶𝘁𝘆 Simply extracting raw data isn’t enough. Clean it up, tie it back to source reports, and ensure accuracy. It takes a little extra time, but it pays off in smoother audits and fewer follow-ups. A proactive approach now means fewer headaches later. 𝘞𝘩𝘢𝘵 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘦𝘴 𝘩𝘦𝘭𝘱 𝘺𝘰𝘶 𝘴𝘵𝘢𝘺 𝘢𝘩𝘦𝘢𝘥 𝘧𝘰𝘳 𝘺𝘰𝘶𝘳 𝘢𝘶𝘥𝘪𝘵? Let’s share tips and keep audit season a little more manageable! #AuditSeason #AuditPrep #FinanceTips #Accounting #ZeroedInsights

Last week, our ZI team came together for an in-person meetup in beautiful Vail, CO, and it was everything we hoped for—and more. From fostering collaboration to celebrating our collective achievements, this time together was a perfect reminder of why we love what we do! Yes, temperatures were in the single digits, but that didn’t stop us from hitting the slopes for a day of skiing, sharing great food, and enjoying lots of laughter. To our ZI family: your dedication, hard work, and support for one another make this team truly special. We might be a little biased, but we believe the ZI team is the best there is. #TeamZI #Collaboration #Gratitude #CompanyCulture #YearEndCelebration #WorkHardPlayHard #ZeroedInConsulting

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📝 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁𝘀: The underrated hero of year-end success! For small businesses, a year-end close checklist isn’t just helpful—it’s 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹. ✅ Just like Santa, you’ve got to check your list 𝘁𝘄𝗶𝗰𝗲! 🎅 Whether you’re using Excel, Google Sheets, or task management software, 𝘵𝘩𝘦 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 𝘪𝘴𝘯’𝘵 𝘵𝘩𝘦 𝘴𝘵𝘢𝘳—the 𝗼𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 are. A solid checklist keeps your team 𝗼𝗻 𝘁𝗿𝗮𝗰𝗸, ensures deadlines 𝗮𝗿𝗲 𝗺𝗲𝘁, and helps 𝗮𝘃𝗼𝗶𝗱 𝗹𝗮𝘀𝘁-𝗺𝗶𝗻𝘂𝘁𝗲 𝘀𝘁𝗿𝗲𝘀𝘀. Assign responsibilities, track progress, and make sure your year-end tasks are wrapped up nicely. #YearEndClose #USGAAP #SmallBusinessSuccess #Organization #ZeroedInsights

💡 𝘞𝘰𝘳𝘬 𝘴𝘮𝘢𝘳𝘵𝘦𝘳, 𝘯𝘰𝘵 𝘩𝘢𝘳𝘥𝘦𝘳 — a mantra for modern finance teams! In this video, we dive into 𝘁𝗵𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗺𝗮𝗻𝘆 𝗼𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗮𝗰𝗲 with manual financial close processes: from Excel hard-coding to siloed data and tight deadlines. 🚦 If your 2024 year-end process still relies on manual steps, 𝘪𝘵 𝘮𝘪𝘨𝘩𝘵 𝘣𝘦 𝘵𝘪𝘮𝘦 𝘧𝘰𝘳 𝘢 𝘤𝘩𝘢𝘯𝘨𝘦. Let's explore how automating financial close processes can 𝘀𝗮𝘃𝗲 𝘁𝗶𝗺𝗲, 𝗿𝗲𝗱𝘂𝗰𝗲 𝗲𝗿𝗿𝗼𝗿𝘀, 𝗮𝗻𝗱 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆. Watch the video below to see how 𝘀𝗺𝗮𝗹𝗹 𝘀𝗵𝗶𝗳𝘁𝘀 on the front end can create 𝗯𝗶𝗴 𝘄𝗶𝗻𝘀 on the back end! 🎥✨ #Automation #FinancialClose #YearEnd #Efficiency #ZeroedInsights

Happy Thanksgiving from the Zeroed-In Team! With Thanksgiving here, we just wanted to reach out and say thanks. We're super grateful for your trust, your business, and the friendships we've built along the way. Working with you on your accounting and consulting needs has been a real pleasure. You inspire us to keep doing our best every day. Wishing you a fantastic Thanksgiving filled with good food, great company, and lots of laughter. Thanks for being part of our journey!

Over the last few weeks, we've been talking about audit prep and the importance of tackling those key areas now. But where do you start? Preparing for an audit can feel overwhelming, especially if you're unsure where to focus first. The good news? You don't have to tackle it all at once. There are some key areas that, if addressed early, can make your audit prep much smoother and less stressful. Every company is different, but there are some common focus areas when preparing your financial statements for an audit, such as: - Revenue recognition - Accounting for acquisitions - Debt vs. equity considerations - Recent accounting standards - Reconciliations and supporting documentation Want a deeper dive into audit prep focus areas? Check out our blog. 🔗 Link in comments. #auditprep #yearend #technicalaccounting

Who would have thought that we could successfully make an analogy between audit prep and dentist visits 🦷 In our latest discussion, we dive into practical tips and tools to help make year-end audit prep smoother and save time (and money). A unique way to think about it... Audit prep is like going to the dentist. Regular checkups and maintenance throughout the year might take effort upfront, but it beats the pain of an expensive "root canal" later. The same applies to accounting—why not prep now instead of waiting until crunch time? Here are a few key takeaways: ✅ Communicate early and often with your auditors. Recurring meetings keep things on track. ✅ Start interim testing prior to year-end and for more complex areas like revenue. ✅ Prioritize your PBC list—accurate and organized supporting documents save everyone headaches. ✅ Remember, a little extra effort today can mean big savings tomorrow! How do you stay ahead in your year-end prep? Let us know in the comments! ⬇️ #AuditPrep #YearEndTips #Accounting #USGAAP #ZeroedInsights #BrushUpYourBooks #AuditHygiene

Our co-founder, John Ikosipentarhos, recently joined Greg Alexander on the Collective 54 Pro Serve Podcast to discuss the journey of defining our ideal client profile. 🤝 John shared insights from our three-and-a-half-year journey as a boutique accounting firm, highlighting the importance of learning which clients truly match our strengths and how we provide value. The conversation covered some of the challenges and lessons that come with narrowing down our focus, analyzing profitability, and even choosing which projects to say yes or no to. John was candid about the ups and downs, emphasizing that this is an ongoing journey of learning and adjusting. 📈 We're thrilled to have shared our story and hope it resonates with others in the industry who are navigating similar paths. If you're curious about the journey of finding your perfect-fit clients or just want to hear some real talk about the highs and lows of scaling a professional services firm, check out the podcast episode below! 🎧 https://lnkd.in/dFDA5V55 We'd love to hear your thoughts—what lessons have you learned in defining your own ideal client profile?