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!
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
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
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
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
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
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
You grow, we’ll do the rest.