Case Study
Accounting Cleanup & Financial Reporting Transformation: The Bomo Systems Story
Client: Bomo Systems · Industry: Software · Services: Accounting Cleanup · Financial Reporting · Fractional Controller · QuickBooks · Process Improvement
Bomo Systems needed more than routine bookkeeping. It needed someone who could identify the underlying problems, correct the accounting, and establish a cleaner financial reporting structure going forward. Turner delivered exactly that.
The Challenge
Accumulated Inconsistencies and Financial Statements Leadership Couldn't Rely On
Bomo Systems needed experienced accounting leadership to clean up its financial records and improve the accuracy and usefulness of management reporting. Over time, accounting inconsistencies had accumulated, making it difficult for management to rely confidently on the financial statements.
The company needed more than routine bookkeeping — it needed someone who could identify the underlying problems, correct the accounting, and establish a cleaner financial reporting structure going forward.
Turner's Approach
A Hands-On Review Across Every Layer of the Financial Records
Turner Accounting conducted a comprehensive review of Bomo Systems' accounting records, financial statements, and underlying transactions. The engagement was structured around eight focused workstreams:
Identify & correct accounting inconsistencies across the general ledger and financial statements
Clean up balance sheet and general ledger accounts to reflect accurate, current balances
Review AR/AP and resolve old or questionable balances that had accumulated over time
Correct account classifications to ensure proper categorization of revenues, expenses, and balance sheet items
Review bank and credit card reconciliations to confirm all accounts were reconciling cleanly
Improve month-end closing procedures for greater consistency and reliability
Establish more consistent processes and internal controls to prevent future accumulation of errors
Rebuild the financial reporting structure so management had statements they could use with confidence
The Result
A Reliable Financial Foundation — Built to Last
Bomo Systems emerged from the engagement with cleaner accounting records, more reliable financial statements, and a financial reporting process management could use with greater confidence.
The cleanup established a stronger foundation for every financial function that depended on accurate data going forward: future closes, cash-flow management, budgeting, tax preparation, and strategic decision-making. Where Bomo Systems previously had to work around unreliable numbers, leadership now had statements they could trust — and a process designed to keep them that way.
Services Delivered
Accounting Cleanup · Financial Reporting · Fractional Controller · QuickBooks · Process Improvement
Is Your Business Carrying Accounting Inconsistencies It Can't Afford?
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