BOLT Model (read, Built, Operate, Improvise and Transfer)
VIRTUAL CFO’s engagement work as an extended arm to a company. It’s value to a company is to lead on strategic assignments of strategic importance. It’s essence of engagement is to initiate things through additional resources and then incorporate the same in the regular working culture of the company, gradually, to be done only by the company’s internal team.
It then moves on to engage in other assignments of more strategic importance.
Pending Accounts and pending Audit since inception of the company will be taken up by The Total CFO, Virtual CFO service Provider, processing it through the workflow of it, reconciling it, getting it audited till the current period and then letting the company’s Accountant/Finance Manager to carry on. This is achieved through hands-on training to the internal team of the company, hand holding it for some time and then handing over the responsibility of execution/maintaining it to the internal team leader.