Our Director of Business Advisory Services Discusses Outsourced Accounting Services

Outsourcing your accounting needs allows you and your staff to make better use of your time and resources, capitalize on business opportunities and focus on your business’s mission and bottom line. Partner, CVA and CPA, Kelly O’Farrell, discusses some of the key questions to ask when considering outsourcing your business’s accounting functions.

  • Will my work be completed on schedule if someone is on vacation, out of the office, or on a medical leave? Yes, with our leadership sourcing services, you get a full team of experts to complete your project which typically includes two people on the engagement to ensure no disruption of service.
  • Who is responsible for the accuracy of my information? This is a joint effort between the client and CDS.  There are many technical experts at CDS that work together to ensure accuracy.
  • Does this impact our internal controls? Our accountants can help strengthen and improve your internal controls, not only by their involvement in your accounting processes but our experts have training in proper internal control structures and can bring forward recommendations for improvement.
  • How many members are on your team? There are currently 12 members on the team.
  • Where will the data be stored? Consider the security of information and whether data is stored on the client’s server, in the cloud, or the firm’s server.
  • Does your team work on special projects? Yes, our trained experts come into your company to handle special projects so you can concentrate on your business.
  • With the COVID-19 pandemic, do your team members work remotely or onsite in-person? We have experts doing both. We work with your organization to determine the best option.

CDS brings extensive accounting and business advisory resources, as well as deep industry experience. We will work with you to provide temporary and/or permanent placement of finance staff resources. We can provide your company with full or part-time interim or permanent resources. Outsourced accounting services are proven, cost-effective solutions for businesses of all sizes, even those with dedicated accounting personnel. We deliver tailored solutions for each client’s unique needs, working with a company’s existing accounting capacity, while ensuring all critical functions are covered.


Here is a complete list of our Outsourced Accounting Services.

To learn more about the key questions to consider when outsourcing your accounting functions, please contact Kelly at (320) 214-2959.