Many small and medium business houses tend to handle the financial responsibilities themselves owing to the high cost of finance professionals. However, this results in overload of work and sub-standard results owing to paucity of time often affecting the main business processes which is their core competency. Hence, this is a non-beneficial exercise often resulting in more harm than good. A good option to work around this bottleneck proves to be virtual CFO services offered by independent financial professionals. A virtual CFO can handle the requirements of multiple small firms/business houses owing to the time involvement being lesser with each firm. 

KSCCA offers Virtual CFO services to its clients which include but not limited to the following:-

Periodic review of accounting data to highlight problem areas

Periodic compliances with respect to the applicable laws, viz. Income Tax, TDS, GST, Companies Act etc

Implementation of simple modular MIS systems for benefit of management including periodic meetings to discuss the priority issues identified

Credit cycle analysis to identify problem areas