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Without reliable financial data, it becomes impossible for clubs and facilities to mitigate risk, identify areas of financial improvement or plan for proactive corrective strategies. Instead, what is created is an environment of mistrust, frustration and ineffective time and resource management. Our accounting team’s experience is sharpened each day by managing the finances of over 150 properties around the country and we are proud to offer this objective expertise to our clients. TCS offers analysis of both income statements and balance sheets for recurring issues and inaccuracies, pinpoints corrective solutions, provides benchmark evaluation on key financial metrics to identify areas of improvement and advises on procedures that result in consistent reporting.
- Phase 1 – Initial Due Diligence, Work Product and Delivery
- Phase 2 – Optional Extended Services to Offer Guidance on Phase 1 Work (6-month minimum)
All TCS pricing based on customized project scope.
Services Include:
Financial Risk Assessment
- TCS will evaluate potential financial risks through a subjective review of the client’s balance sheets, pro & loss statements and internal controls. This generally takes 30/60/90 days as the team would need to be engaged in the month end closing of financials.
Internal Audit
- TCS will perform a limited or full scope audit of the property and return to clients recommended remedies for issues identified.
Forensic Dive
- TCS will perform both a bank and balance sheet reconciliation cleanup, allowing the client to understand recurring issues and providing a clean financial slate for the future.
Jonas Assessment (where applicable)
- TCS will evaluate the current use of the Jonas POS software to ensure the client is using the product to its fullest extent.
More TCS Services
