Jason Mandelbaum, Managing Director, Jayden Star LLC
We were referred to ECS Consultants LLC by our bank to assist with managing our growth, as well as our external and internal controls. We initially partnered with them for their CFO services, but have expanded our relationship to include
accounting services and accounting systems integration. They are extremely responsive to our needs and provide accurate review and financial statement preparation. Since we started using ECS Consultants LLC’s services, we have
improved efficiency in our financial outlook by at least 50%. Their ability to put together meaningful data in a limited amount of time has been tremendous. I now receive monthly and quarterly reports that allow me to make immediate
decisions. This took a big effort to compile prior to working with ECS Consultants LLC.
Ali Dhoon, CEO, Core IT
As a business person, it is critical that you have expert support in key areas of your business. Choosing the right support in accounting and financial statement preparation is critical. When looking for support in these areas, I took
the approach that I wanted a company with broad resources, and that utilized a team approach to my business. No one advisor is an expert in all areas of accounting/tax, and with ECS Consultants LLC, I found the right combination
of expertise. They utilize a team approach advising me on tax issues and handling the monthly accounting issues and assisting in closing the books effectively and accurately each month with Compiled Financial Statements. ECS Consultants
LLC team approach is cost effective in that I have a relationship with one consulting firm to provide several layers of support. I consider them a key part of my team, and feel they have my company’s success in mind as trusted
advisors.
Bankim Brahmbhatt, President & CEO, Bankai Group of Companies
ECS Consultants LLC provides Outsourced CFO and Internal Audit Services to our domestic and international Group of Companies. More specifically, he performs the following:
- On-going Liaison with the Auditing Firm to ensure that Audit inquiries, legal and compliance documents, supporting documents and worksheet requested and submitted are properly reviewed and in accordance with the request. Ensure that
all significant issues, management discussion points and concerns are properly followed up and addressed before reaching our creditors - Guidance and Co-ordination up to completion of Audit with our external auditors
- Liaison with our U.S. and International Accounting Management Staff to ensure proper decision making on complex transactions involving compliance with GAAP
- Work with our Outsourced Operations to ensure that Accounting Functions/Personnel are functioning as intended; including the Revenue Assurance Team
- Review Selected Revenue transactions to ensure proper Revenue recognition methodologies and supporting documentation
- Confirm Certain Accounts Payable and receivable Balances and/or perform Alternate testing, if applicable
- Ensure that Accounts Payable and Receivable Balances are properly reviewed and aged reports are monitored.
- Review Cost allocation of Shared Services to ensure proper calculations and in accordance with the budget
- Review and confirm that Inter-company transactions are valid and properly recorded to correct entities