The services within our Directorship CFO and Secretarial functions include:
- Representation on Companies boards of directors;
- Preparation and recording keeping of board meetings;
- Capital and equity raisings including
- Rights issues;
- Share purchase plans;
- Placements and IPO’s;
- Debt arrangements including convertible notes.
- Financial Reporting including
- Preparation of annual and half year statutory reporting;
- Management of both the internal and external audit functions;
- Ongoing liquidity requirements including maintenance of the placement capacity.
The firm has a network of external advisors including lawyers from both large and small firms, stockbrokers and investment bankers that complement the above services provided to ensure the role is conducted in a timely and cost effective manner.
The outsourcing of the CFO function is usually combined with the outsourcing of the whole back office administration of the client to include:
- Management accounting and maintenance of the general ledger;
- Payroll and related reporting;
- Assurance to the continuing compliance of ASX Listing rules and any liquidity requirements;
- Provision of a registered office and meeting facilities;
- Dedicated phone line inclusion receptionist;
- Office Accommodation
The cost savings to clients who utilise these facilities are extremely significant and provided these organisations with the scope to concentrate on their core activities.