The CPAs with an End Game!

We take care of the short term so you can plan for the long term!

What separates Kaya Accounting from many other CPA firms?

Not only do we have the financial accounting experience you need. We have experience working with PE companies and other investors. If you eventually hope to sell the business or attract strategic investors, we understand the end game. Kaya Accounting can work with you to position your business for achieving its long term strategic goals. 

We think short term in order to work long term.  By establishing the accounting and reporting foundation, we help you build the future: from setting up the accounting to eventually making the investor “Deck”, to managing the due diligence, we can be with you for the whole process.  We understand what investors are looking for as they identify target companies, so we know how to prepare your business to provide what they need.  It goes beyond EBITDA, you have to have your financial house in order!

 
 
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Leadership

Helping Cannabis businesses get their accounting right by overseeing the operations of accounting departments.

  • Guiding accounting groups to achieve goals and objectives

  • Directing and developing global accounting teams

  • Overseeing special project teams

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Accounting and Control

Designing and maintaining documented accounting policies & procedures with the Cannabis industry in mind.

  • Maintaining a system of controls over accounting transactions, especially for separation of Cannabis vs. Non-Cannabis activities

  • Implementing, reviewing, and optimizing company-wide financial controls

  • Managing accounting, AP, AR, GL, Payroll, Fixed Assets

  • Cost of goods sold, especially for Cannabis with a focus on specific regulations

  • Inventory accounting including reconciliations, control, and valuation

  • Monitoring SG&A costs and overheads

  • Reviewing gross margins and revenue recognition

  • Producing annual budgets and forecasts including period variance analyses

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Reporting

Owning the monthly, quarterly, annual closings and consolidation processes so you never miss a monthly reporting cycle.

  • Issuing timely and accurate financial statements in US GAAP

  • Directing semi-annual and annual audits

  • Managing relations with auditors, external consultant, and advisors

  • Producing compliance reports for external financial stakeholders

  • Drafting financial information for Boards and Shareholders

  • Preparing key metrics reporting and variance analyses


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Compliance

Making sure your company manages the complex periodic reporting requirements of the Cannabis industry

  • Managing local periodic tax filings

  • Overseeing compliance with statutory filing requirements

  • Providing detailed schedules for tax preparation and reporting

  • Supporting tax initiatives and tax optimization structures

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Cash and Liquidity

Helping manage the complex liquidity and financing needs for Cannabis businesses

  • Preparing daily/weekly/monthly cash forecasts

  • Monitoring cash sources and uses activity

  • Helping resolve financing program needs

  • Managing relations with financial institutions

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Risk Management

Guiding your business to resolve complex systems issues

  • Assisting in the selection, implementation, and optimization of ERP and POS systems

  • Setting up the financial data structures to keep Cannabis and Non-Cannabis business lines separated

  • Ensuring optimal system use for internal controls, reconciliations, and reporting

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You grow, we’ll do the rest.