Empire Accounting provides comprehensive fractional CFO and financial management services. We bring the expertise of a full-time CFO without the full-time cost helping your firm strengthen profitability, improve compliance, and gain total financial clarity.
• Monthly financial statements and cash flow reporting
• Budgeting and forecasting with variance analysis
• Profitability by practice area or attorney
• Partner draw and compensation planning
• Expense monitoring and vendor analysis
• Trust (IOTA) and operating account reconciliations
• Three-way trust reconciliations compliant with Florida Bar rules
• Accounting system setup, cleanup, and integration with legal billing systems
• A/R and A/P management
• Year-end CPA coordination and audit support
• Monthly KPI dashboards and partner financial reports
• Realization and collection rate analysis
• Scenario and “what-if” planning for hiring or expansion
• Profit distribution modeling
• Growth and succession planning
• Retainer and settlement fund tracking
• Client matter sub-ledgers and reconciliation reports
• Trust audit preparation and policy design
• Segregation of duties and process improvement
• Quarterly CFO strategy sessions
• Partner and administrator financial coaching
• Compensation model design and benchmarking
• Financial system evaluation and workflow automation
• Access executive-level financial expertise without the overhead
• Gain complete visibility into firm performance and profitability
• Ensure compliance with Bar trust accounting standards
• Free up partners to focus on clients and growth
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