![]() ![]() We don’t do the other ones because we hyperfocus on making sure that we help you manage your money, which interestingly, a lot of accounting firms don’t do. That focus is actually on managing your finances and then making strategic decisions based on your financial information. ![]() Uh, so those are the two of the three areas, the third area of accounting, which is what we do. And then it picks up in September, October because that’s coming up soon. Manny Cosme: Yeah, no, yeah, I guess it gets quite well. I’ll tell them that their jobs are extremely boring. You can tell him I said thatĪdam Lowe: especially around March, April. Um, so I, I think the first two were actually parts of the county by the way. We don’t do any of that either, quite frankly. So that’s typically what people think of when they think of their accountant or they say, you know, my CPA, what they’re really referring to is they’re referring to their tax person, right? Who’s the person that prepares their tax return files, helps do tax planning, all that stuff. Um, so if you think of sort of the bigger accounting firms, they tend to focus on doing audits of other companies for who are publicly traded or kind of things that are like government compliance, kind of things like that. ![]() So most CPA firms focus on two of the three areas, the two being either audit and compliance work. So most CPA firms kind of focus on one of three. Manny Cosme: So what we do is, um, so most, I’ll tell you what we don’t do. So, so tell me what, you know, what is it that you and CFO services group does? That sounds good.Īdam Lowe: A ton of fun. I’m picturing a Scrooge McDuck just rolling around in Money, I like to think that I do the fun accounting, which is, which is managing people’s money, which is actually a lot of fun.Īdam Lowe: That does sound like fun. So when someone says accounting is boring, they typically are thinking of a very specific area of accounting, which I do not do. There are many different areas of accounting. So when I went to college I decided, well, I’m just gonna major in Accounting and here I am 20 years later owning an accounting firm.Īdam Lowe: Did someone forget to tell you that accounting is really boring when you went into it? ![]() My Dad has a, uh, actually still to this day has a small bookkeeping tax and payroll company, so focusing on all three of those areas and as a kid I would get all excited to be able to go to work with him and he teach me some bookkeeping work and that was a massive nerd, so I loved it. Um, I actually started when I was a teenager. I’ve been doing this for a really long time. I don’t really want to count, but I’ve been doing this a long time. I’m so, I’ve been in the business for just about 20 years, maybe a little bit more than 20 years. Manny Cosme: Yeah, well thanks for having me. Uh, Manny, how did you get into this business? He’s been helping small businesses with their accounting needs for over 20 years. Today’s guest is Manny Cosme, Manny is the president and CEO of CFO Services Group, a boutique accounting firm specializing in helping small businesses manage their finances. I’m your host Adam Lowe, and this is episode number 11. He’s been helping small businesses with their managerial accounting needs for over 20 years.Īdam Lowe: Welcome to the business insight lab where we bring you interviews with leaders in their fields to deliver valuable information for your business. ![]()
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