Financial Management

Financial Management Services

Managing your finances can be a complicated, overwhelming task. JR Wright has experience and knowledge in all the aspects of financial management. Our team of experts can customize our services to fit your needs. We provide assistance to individuals, families, and organizations with developing financial goals, measuring performance and generating reporting that will help you make better decisions to improve the financial health of your household or business organization!


  • Activity Based Costing
    Activity Based Costing consists of providing professional advice about reducing and controlling costs while still creating a quality product or service
  • Chart of Accounts Design and Re-design
    Chart of Accounts Design and Re-design consists of unlocking the value of the chart of accounts to have better insight into the company’s performance. This will provide a better understanding of financial health by articulating the accounts that define each class of items for which money is spent or received, and by organizing finances and segregating expenditures, revenues, assets and liabilities.
  • Benchmarking Assistance
    Benchmarking Assistance consists of providing support in gathering information about good management and business practice which help top management set objectives, prioritize areas for development and, if necessary, change working methods.
  • Enhanced Payroll Audit
    Enhanced Payroll Audit consists of electronically evaluating the internal controls governing the payroll processes to ensure that payroll is properly calculated and reported according to applicable payroll policy and regulations
  • Business Assurance Services Audit
    Business Assurance Services Audit consists of providing independent and professional opinions that reduce information risk (risk from incorrect information). Its goal is to improve the quality of information or the context of information so that decision makers can make more informed, and presumably better decisions.
  • Budgeted Profit & Loss and Balance Sheet
    Budgeted Profit & Loss and Balance Sheet consists of the preparation and determination of planned values for the general ledger accounts and accordingly draw budgeted financial statements that will be used in making economic decisions.
  • Business Needs Analysis
    Business Needs Analysis consists of identifying business needs and determining solutions to business problems such as software-systems development components, process improvement, organizational change or strategic planning and policy development.
  • Business Structure Evaluation
    Business Structure Evaluation consists of evaluating the advantages and disadvantages in choosing the business structure (such as sole proprietorship, partnership, corporation, limited liability company, limited liability partnership & others) that most closely matches your business’ needs.
  • Cash Flow Cycle Preparation
    Cash Flow Cycle Preparation consists of preparing and determining how much cash comes in and goes out of the company over a specific period. This is where it is shown how the balance sheet and income accounts affect the cash and cash equivalents of the company
  • Cash Flow Update
    Cash Flow Update consists of helping business owners effectively read the cash flow statement and understand the relationship between individual components of financial statements (balance sheet, income statement and others).
  • Buy vs. Lease Analysis
    Buy vs. Lease Analysis consists of providing professional advice in making an effective and efficient economic decision whether a company should lease or buy a piece of equipment for its operations.
  • Financing Proposal
    Financing Proposal consists of presenting the financial status and structure of the organization through a formal proposal to financial institutions, venture capital firms or other forms of invested capital for purposes of expansion of major capital improvements.
  • Government Grants Assistance
    Government Grants Assistance consists of consulting with an organization in finding support, grant writing and loans from all levels of government.
  • Lease Review/ Contracts
    Lease Review/ Contracts consists of helping an organization achieve its specific and business objectives through reviewing the commercial lease contracts in an economical and efficient way.
  • Management Information System
    Management Information System consists of establishing a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company.
  • Merger/Acquisitions Advisory
    Merger/Acquisitions Advisory consists of general strategic and transaction-specific advice regarding insurance mergers, acquisitions, divestitures and privatizations.
  • Procedure Manuals
    Procedure Manuals consists of providing formalized processes and procedures to set benchmark how to things the right way covering the different areas of the company and improve the efficiency, effectiveness and consistency of how the company should operate.
  • Inventory Management
    Inventory Management consists of offering more effective and efficient practice in overseeing and controlling of the ordering, storage and use of components that a company uses in the production of the items it sells.
  • Trend Analysis
    Trend Analysis consists of comparing business data over time to identify any consistent results or trends which can be used to develop strategies that responds to these trends in line with the company’s business goals.
  • Variance Analysis/ Exception Reporting
    Variance Analysis/ Exception Reporting consists of investigating deviations in financial performance from the standards defined in organizational budgets. This analysis establishes a proactive approach in setting performance benchmarks and facilitates responsibility accounting.
  • Working Capital Management
    Working Capital Management consists of assisting the company in establishing its managerial accounting strategy designed to monitor and utilize the two components of working capital (current assets and current liabilities) to ensure the most financially efficient operation of the company
  • HR Issues
    HR Issues consists of the determination of discrepancies related in measuring the value of human resources that will furnish cost value information for making proper and effective management decisions about acquiring, allocating, developing, and maintaining human resources.
  • IT Software Selection & Implementation
    IT Software Selection & Implementation consists of defining business goals and technology needs to design a roadmap that outlines the technical requirements , resource skills needed, timelines and budgets. This roadmap can help meet the organization’s strategic goals and business objectives by streamlining operations and eliminating process inefficiencies.
  • IT Software Training
    IT Software Training consists of giving walkthrough tutorials to company accountants regarding the common accounting softwares which can help them boost their accounting skills


  • Development & Implementation of Business Systems and Processes
    Development & implementation of business systems and processes consists of assisting on improving corporate performance by managing and optimizing a company’s business processes that can impact the cost and revenue generation of an organization.
  • Conversion from ‘Hard Drive’ Accounting to ‘Cloud’ Accounting System
    Conversion from ‘hard drive’ Accounting system to ‘cloud’ Accounting system consists of running the business from the cloud with accounting softwares where data automatically syncs across devices.
  • How to Read Profit & Loss Statement
    How to read Profit & Loss Statement consists of providing a simple guide to effectively read and understand the profit and loss statement to business owners in knowing what is happening to the business and improve their business.
  • Mentoring
    Mentoring consists of providing personalized one-on-one advice to guide business owners in making difficult decisions geared toward improving the business and achieving higher levels of performance.
  • Outsource CFO Services
    Outsourced Chief Financial Officer consists of providing assistance in improving the financial operations and decision making ability without hiring additional staff. We give customized short- and long-term finance and accounting services for different types of industry.
  • Strategic Planning
    Strategic planning consists of setting priorities, focusing energy and resources and strengthening operations. This ensures that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s direction in response to a changing environment.
  • Cash Management
    Cash Management consists of assisting an organization in managing the cash balances of a company by maximizing the availability of cash not invested in fixed assets or inventories and to do so in such a way as to avoid the risk of insolvency
  • Cash-Flow Forecasting and Budgeting
    Cash-flow forecasting a budgeting consists of establishing well-planned and proactive cash flow management to ensure a company’s health growth and business expansion. This is done through predicting cash inflows and future financial liquidity and allocating cash outflows for a specific time period.
  • Financial Independence Analysis
    Financial independence analysis consists of delivering integrated and robust solutions in doing estimates on an annualized basis of a company’s development of net worth and how the net worth will be impacted by the decisions made by choice or necessity.
  • Debt Refinancing and Consolidation Analysis
    Debt refinancing and consolidation analysis consists of providing professional advice in addressing high consumer debt through repaying by a new loan which can secure a lower overall interest rate to the entire debt load and provide the convenience of servicing only one loan.
  • Applications for Funding
    Applications for funding consists of providing assistance in the preparation of grant proposal budget for NPOs and organize the budget easy to read and understand in a way that it will make an excellent impression to the grant reviewer.


  • Asset Protection
    Asset Protection consists of methods available to protect assets from liabilities by we organize the financial affairs in such a manner that assets are safeguarded from the risk of exposure
  • Debt Restructure
    Debt Restructure consists of allowing a private or public company, or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts in order to improve or restore liquidity so that it can continue its operations.
  • Financial Review
    Financial Review consists of performing procedures more heavily concentrated in areas where there are enhanced risks of misstatement which is necessary to provide a reasonable basis for obtaining limited assurance.
  • Investment strategy -review and analysis
    Investment strategy-review and analysis consists of establishing a comprehensive guide in making a systematic plan to portfolio selection, monitoring and optimization of funds while taking into account factors such as economic trends, inflation and interest rates.
  • Real estate-Free acquisition analysis
    Real Estate-Free Acquisition Analysis consists of providing the clients a structure in analyzing a contemplated transaction regarding the inspection and investigation of real property, personal property or a business entity before a buyer makes the final decision whether to consummate an acquisition, merger, or loan transaction.
  • Investment Policy Statement Design and Monitoring
    Investment Policy Statement Design and Monitoring consists of managing the framework for selecting criteria when selecting, monitoring and replacing plan investments to guide the decision-making process in a clear and prudent manner. Thus, leading to outcomes that align with a client’s long-term investment objectives.
  • Portfolio management
    Portfolio management consists of tailor made professional service offered to cater in making decisions about investment mix and policy, asset allocation and balancing risk against performance that suits the various investments objectives of different investor classes.