DWE Accounting
A Second Set of Eyes

A Second Set of Eyes

Reconciled bank accounts; prepared aged receivable and payable reports at each month end. My client had one bookkeeper, and the client's outside CPA complained of the lack of segregation of duties and an increased risk of irregularities.

My monthly visits provided an independent second set of eyes on the books.

Query Bill Daly

Ornate Bench
Bench at George and Bodine Streets, Northern Liberties, Philadelphia
Cash is King

Cash Is King

Prepared monthly cash forecasts and cash flow reports. These reports allowed us to answer the timeless question, "How are we going to pay for all this stuff?"

My client had successfully introduced a new product, and sales were growing month to month. Cash was not, however; it was shrinking.

The cash forecasting identified the problem: having to pay promptly (or up front) for the necessary raw materials and steady increases in inventory but having to wait to get paid for the product. Negotiating better payment terms and focusing on collections yielded a healthier and more reliable cash balance.

Query Bill Daly

St. Peter the Apostle Church
Saint Peter the Apostle Church from Cambridge and Orianna Streets
Audit Preparation

Audit Preparation

Prepared financial statements, trial balances and a complete set of working papers for the company's auditors.

Audits in previous years were expensive, time consuming and late. Preparation (and the related work papers) reduced audit effort and accelerated the auditor's reports.

Query Bill Daly

Virtual Walking Tour of North Philadelphia

Philadelphia is a city of murals and other public art, some in the most curious spots. Bill Daly worked in North Philadelphia for eight years and took pictures as he walked. We've included some on these pages. More pictures of North Philadelphia.

Query Bill Daly

Back to top