Outsourced Accounting & Advisory Services
Your goal is to make your business or practice as successful as possible. Sometimes that means calling in a third party for help. From bookkeeping and bank reconciliations to strategic planning, the professionals at Lumsden McCormick are here to provide customized, confidential accounting support services backed by years of real-world business experience, tax strategy, and accounting expertise.
Our outsourced accounting and advisory services provide end-to-end financial support for your organization, from day-to-day bookkeeping, payroll, billing, and reconciliations to financial reporting, monthly close, tax preparation, and strategic guidance. We help streamline your financial operations so your team can stay focused on running the business.
Beyond day-to-day operations, we provide financial executive level insight to support smarter planning and growth. Our advisory services include budgeting and forecasting, strategic and succession planning, tax compliance consulting, and tax reduction strategies, giving you access to experienced financial leadership without the cost of a full-time hire.
Our Approach
Flexible, Scalable Support
We meet with you to determine your accounting needs and address your unique operations and goals. We then provide outsourced accounting solutions tailored to your operations, volume, and growth stage.
Timely, Technology-Driven Reporting
By leveraging cloud-based accounting platforms, we deliver up-to-date financial information that supports timely decision-making and easy collaboration in a remote work environment.
Experienced Accounting Professionals
Our certified public accountants implement policies and procedures to deliver outsourced accounting services that meet your needs. We bring experience across a wide range of industries and business structures, delivering consistent, reliable results you can trust. Working closely together will reveal advisory services we can provide to help you achieve your financial goals.
Our Scalable Outsourced Accounting and Advisory Service Solutions Include:
Bookkeeping – Transaction Processing
- Posting all bank and credit card transactions to the accounting ledger
- Billing and posting cash receipts
- Processing accounts payable for payment
- Bank and other account reconciliations
- Payroll processing
Accounting Services
- Record accrual basis entries
- Prepare adjusting entries
- Monthly closing reconciliations and analyses
- Internal financial statement preparation
- Record depreciation expense
- Internal reports and analyses
- Year-end closing of books
Financial Planning & Analysis
- Preparation of budgets and forecasts
- Cash flow management and planning
- Calculation of Key Performance Indicators (KPIs)
- Strategic planning
- Succession planning
- Tax compliance consulting
- Tax reduction strategies
Latest Insight
What Should You Know About Charitable Giving and Estate Planning in 2027?
The One Big Beautiful Bill (OBBB) Act, signed into law on July 4, 2025, rewrote several rules that affect how you give and how you pass wealth to the next generation. Most provisions took effect in 2026, so 2027 will be the first year many taxpayers plan around them from the start. Charitable Deductions Look […]
