mindshift partners :: project consulting and strategy

How We Can Help You:

Provide a CFO or Controller to manage your day-to-day accounting on a part-time or full-time basis.
Provide an interim CFO or Controller as a stop gap for a departing employee.
Audit Prep: Prepare your books, records and schedules in advance of an audit (reduce overall audit fees).
Tax Prep: Prepare your books, records and financial statements in advance of a tax filing.
Update financial statements to secure bank financing.
Perform financial analysis to help better understand your operating margins and profitability.
Provide a CFO or Controller to help prepare for a sale or restructuring event.

Why MindShift Partners?

Lower Costs. Our rates are significantly lower than CPA firms and brand name consulting firms.
Flexibility. You can control costs by using our services on a part-time or project basis.
No Minimums. We charge on an hourly basis and you only pay for the time you use.
Experience. Our associates have 15+ years of experience and can hit the ground running.
Quality. MBA or CPA skill sets available.
Better Service. Our partners take the time to get to know our clients in person.
Proven. Since its inception in 2004, MindShift Partners has built a successful track record.

As Seen In

Valued Clients

Case Study #1

Situation
A New-York based hedge fund invested in a $50MM wireless company in Burbank with the objective of taking the company public. An auditor was chosen, and the dates for the road show to institutional investors were set. The Bookkeeper/Controller at the company had never been through an audit, however, and did not know which schedules to prepare. The NY-based auditor was not getting the information that they needed in the format that they expected. The auditor in turn chose to focus on its other clients. This slowed down the entire process, and put the timeline for completing the deal at risk.

Action
MindShift Partners was retained by the company to prepare preaudit schedules, and we also provided an Acting CFO during the transaction. We analyzed a number of issues, including revenue recognition and the equity section, and prepared the balance sheet schedules in the expected format. Due to our involvement, the auditor got re-engaged in the process. The schedules that we prepared enabled to complete their fieldwork in a short timeframe (and at a relatively low cost) because they were able to hit the ground running.

Result
The deal got back on track, and the company paid less in audit costs than it otherwise would have.

Case Study #2

Situation
A company in the oil-exploration industry switched auditors, and wanted to prepare preaudit schedules to speed up field work and lower audit costs.

Action
MindShift Partners was engaged to prepare preaudit schedules. Significant attention was paid to revenue recognition, accounting treatment for stock options, and the equity section of the balance sheet which was quite complex.

Result
The auditors' fieldwork took only 2 days. The company got a clean audit opinion. Due to the fact that our rates were lower than the regional audit, the company was able to save significantly on their audit costs.

Case Study #3

Situation
A company in the healthcare industry needed a consultant who could work daily with their Controller to prepare preaudit schedules.

Action
MindShift Partners sourced a CFO-level consultant to work side-byside with the company Controller to complete schedules and perform analysis.

Result
Our consultant got the company and the Controller fully prepared for the audit, such that fieldwork was expedited and the company got a clean opinion. This is a good example where MindShift sourced a single Consultant, versus a team of Consultants with significant Partner involvement. This approach helped the company control their engagement costs.

Testimonial

"MindShift Partners provided a highly-skilled Controller to help us complete our pre-audit schedules. Their associate was professional, reliable and experienced."
- David Balce
Emerald Health Services

Testimonial

"I think the value add of MindShift Partners is that they can fill the gap between a company that can support a full-time controller or CFO, and a company that is on the way to getting there.
- Greg Moore, CEO
Harbor Healthcare

Testimonial

"My private equity firm needed a Controller on a project basis for one of our portfolio companies. MindShift Partners sourced one of their associates with the just skillset we were looking for.
- Ralph Vogel, Partner
Mandeville Partners LLC

Name:
Company:
Phone:
Email: