The GBS Difference

What Makes GBS Different?

GBS is a "full service" business development firm specializing in the small to medium-sized business market. We recognize that with the changing economic conditions and increasing competition, every business has its problems, challenges and concerns. The GBS team will give you the opportunity to get to the next level in your business.

GBS will to 'teach you how' to grow your business, increase productivity, improve profitability, put more money in your pocket, find, train, manage, maintain and attract quality employees. We are systematic in our approach in delivering services to help you succeed.

Internal Controls

Internal control is a major part of managing an organization, serving as the first line of defense in safeguarding assets as well as preventing and detecting errors and fraud. Internal control is to provide reasonable assurance regarding the prevention and prompt detection of unauthorized acquisition, use, or disposition of any assets. These days, business owners are continually seeking to improve accountability. Through improving operational processes to implementing new technology, appropriate internal control is a key factor in minimizing problems and managing change.

 Gardner Business Services has developed a secure internal control program for the accounting system. Our experience and background will quickly identify key areas in need of control and implementation. Our system provides each client the ability to transfer securely existing accounting processes to Gardner Business Services.

Controls implemented by your CPA/Controller include:

• Data quality assurance and control

• Reliable financial reporting

• Compliance review

• Audit readiness

• Internal processes in compliance with GAAP

Technology controls implemented by Gardner Business Services include:

• Control over data center operations: Includes backup and recovery procedures.

• Access security: Protects the accounting system and network from inappropriate use and unauthorized access.

• Applications, system development and maintenance

• New and existing systems or modifications are subject to extensive testing and review before integration.

Financial Reporting

The purpose of the accounting system is to communicate specific information about the company.
The cornerstone of our company is to provide clients the control, analysis and auditing by certified public accountant in addition to daily bookkeeping. Through accurate reporting and detailed analysis, your company can quickly identify specific areas that need adjusting to improve profitability.

Even if you currently have a bookkeeper that performs the full charge bookkeeping transactions, are you getting financial reports on a timely basis? If so, then you already know the answers to the following questions. If not, then you may not be getting usable financial information about your company. In order to identify the reports that will answer the following questions, 

1. What is the overall profitability of your business?
2. What is the profitability of each segment of your business?
3. How well is your business doing compared to last year?
4. How does your balance sheet look?
5. How does your cash flow look?
6. Which invoices are open?
7. Who are your customers?
8. Which vendors do you owe money?
9. What vendors have you purchased goods and services?

Every business owner needs to know the answers to these questions. With a well-managed accounting system, your information is readily available. At a minimum, you and your certified public accountant should review these reports on a monthly basis:

• Balance Sheet

• Profit and Loss

• Cash Flow

• Aged Receivables

• Aged Payables

Gardner Business Services professional staff provides reports on time and schedule so the client can be confident that decision-making is based on accurate financial data.