How strong is your finance function?

Are all bank and credit-card accounts reconciled every month?

Are reliable monthly financial statements available within 10 business days after month-end?

Are material balance-sheet accounts supported by reconciliations or schedules?

Can management rely on the financial statements without significant manual correction?

Is there a documented close calendar with clear ownership, due dates and review responsibilities?

Are payment approvals, vendor changes, banking access and journal entries subject to appropriate controls?

Are AR aging, collections, AP aging and near-term working-capital needs actively managed?

Does management review actual results against budget, forecast or defined targets every month?

Does the business maintain a 13-week or other reliable rolling cash forecast?

Does the business maintain an annual budget and update its forecast as conditions change?

Does management review defined financial and operating KPIs every month?

Can the business measure profitability by customer, product, service, job, location or property as relevant?

Are major financing, hiring, pricing, expansion or capital decisions supported by models or scenario analysis?

Does the business perform proactive tax planning before year-end rather than only during tax preparation?

Are estimated tax payments and owner/business tax obligations regularly reconciled to actual and forecast results?

Are accounting, payroll, expense, CRM/operating and reporting systems integrated enough to avoid excessive manual re-entry?

Are management reports and dashboards produced consistently without extensive spreadsheet rebuilding?

Are finance roles, SOPs, approvals and systems capable of supporting the next stage of growth?

Can due-diligence-quality financial records be produced quickly when financing or a transaction requires them?

Are earnings quality, working capital, debt and concentration risks documented and understood?