Finance & Accounting Solutions/Services

Financial Accounting Resourcing

Madison-Davis provides traditional accounting project and period-close staff augmentation to assist clients through the inevitable peaks in their work effort.  We bring consistency to the period-closes/month-ends by assigning a resource that is a professional that is a constant to your financial processes.  While assisting on any accounting or finance assignment, our professionals also build an awareness of the accounting process used and recommend improvements based on best practice to help with efficiency and effectiveness.

Anti-Fraud Programs & Forensic Accounting

Madison-Davis aligns our Anti-Fraud Program services with Accounting & Finance, although robust fraud frameworks are closely integrated with approaches used to manage today's operational risk.  Madison-Davis works with our clients' Anti-Fraud programs from high-level advisory in establishing culture, training, whisleblowing and other policy, process and procedures development, through to helping to establish Key Fraud Indicators and anti-fraud controls imbedded into the day-to-day processes to help firms detect anomolies.

Whether for a business dispute in litigation support, Madison Davis’ team also uses our unique experience of accounting, audit and investigative skills to uncover the true financial matters under scrutiny working with our client's attorney considered 'Confidential & Privileged' or other related parties using methods including, but not limited to search out anomolies using automated techniques and state-of-the-art data mining tools.

Financial Technology Implementation Assistance & Training

At the core of every organization’s accounting and financial function is its accounting software and the underlying processes that support it.  From the review of existing systems to the selection of new accounting software systems, and the development of processes that support them, Madison-Davis will undergo a holistic review to determine how an organization can best make a transition to a more advanced accounting software platform to meets its planned, or existing, growth within the scope of its business mission and stated management goals. 

Madison-Davis involves every stakeholder within the management of the organization to assist our Clients in project managing, and providing business analysis and other implementation assistance for accounting & finance technologies, including general ledger, A/R, A/P, HR, Fixed Assets, Consolidation, Cost Accounting, Treasury Workstations, and other related financial systems.  Our implementation work includes full design of workflows, internal controls, security configuration, in-flight reviews of the implementation process itself for 'success or failure factors' and post-implementation reviews - which distinguishes our work from many boutique implementation shops.

Accounting Rules Implementation Assistance

Changes in accounting rules, within the U.S. FASB and ASB as well as internationally with current International Accounting Standards changes, prompts required changes in accounting policies, disclosure requirements, as well as the underlying procedures and systems that allow for proper classification of the intial transactions.  Each accounting change requires strong project management to ensure the accounting close is not delayed.  Madison-Davis' financial process and implementation professionals understand the importance of efficient, effective and timely changes to ensure clients are able to understand how changes affect their operations as well as accurately report financial statements within given deadlines.

Accounting / Financial Management Advisory & Process Improvement

Every organization has the ability to improve upon the complexities of their accounting functions, which are required to be fully effective and efficient simultaneously.  Sometimes there are very clear and specific issues that need to be addressed; other times, a client asks for a review to see where they can improve their accounting and/or cash management functions.  Madison Davis’ team works closely with business owners, CFO’s and accounting management to improve the effectiveness of its accounting processes and the management of the organization’s cash flow.  By taking an unbiased view, and bringing to an engagement the eyes of well-trained experts, who have worked within thousands of organizational settings, we seek to solve the problems presented to us with clear, concise and straight to the issue advise, and follow it up with quality execution of the recommendations to achieve sustainable improvements.