The finance team you'd
otherwise assemble
one hire at a time.
Step1Advisors runs the fractional CFO, technical GAAP advisory, controller, and audit work of a full finance department — under US GAAP, IFRS, UK GAAP (FRS 101/102/105), or Ind AS.
Take one service, a few, or all four:
Strategy & Board Reporting
Monthly Close & AP/AR
Revenue Recognition & Memos
Audits & SOC Readiness
Nothing here is a required bundle — engage one function on its own, or combine them into a single retainer.
How we work
Three steps from first call to a close that lands on schedule
Diagnostic Call
A 45-minute working session on your books, your stack, and where the finance function is actually straining. You leave with a written read of what's broken, not a sales pitch.
Scoped Engagement Design
We propose a specific scope, deliverable calendar, and monthly fee — tied to your entity structure and reporting obligations, not a generic package tier.
Embedded Delivery
Your team joins your Slack, your board deck, your close calendar. Reporting lands on the same date every month, and the same people show up to every review.
Services
Four practices, one team that already talks to each other
A finance lead who sits in your leadership meetings, not a report you skim once a month.
What's included
- Monthly board & investor reporting packages
- 13-week cash flow and runway modeling
- Budget vs. actuals and departmental variance reviews
- Fundraise support — data room, cap table hygiene, diligence answers
- Pricing, unit economics, and margin analysis
Who it fits — Companies past £1.5M £0M ARR that need high-conviction financial leadership to scale sustainably—without the £300k+ commitment of a full-time executive.
Fractional CFO
A CFO-grade decision partner for the cost of one senior hire's benefits package.
A finance lead who sits in your leadership meetings, not a report you skim once a month.
What's included
- Monthly board & investor reporting packages
- 13-week cash flow and runway modeling
- Budget vs. actuals and departmental variance reviews
- Fundraise support — data room, cap table hygiene, diligence answers
- Pricing, unit economics, and margin analysis
Who it fits — Companies past £1.5M £0M ARR that need high-conviction financial leadership to scale sustainably—without the £300k+ commitment of a full-time executive.
GAAP Advisory
A defensible accounting position, documented before your auditor has to ask for it.
Technical accounting for US GAAP, IFRS, and Ind AS — written so your auditors stop asking follow-up questions.
What's included
- Revenue recognition memos (ASC 606 / IFRS 15)
- Lease accounting under ASC 842 / IFRS 16 / Ind AS 116
- Stock compensation and Share Based Payments (IFRS 2/ASC 718)
- Business combination and purchase price allocation support
- Policy documentation for first-time audits or standard conversions
Who it fits — Companies converting standards, or hitting technical transactions their bookkeeper has never seen.
Strategic Remote Accounting & Advisory
A close that lands by the 10th business day, with someone who can explain every line to your board.
The monthly close, run by people who also read the numbers once they're closed.
What's included
- Full-cycle bookkeeping and monthly close, done inside your existing stack
- AP, AR, and payroll coordination with existing vendors
- KPI dashboards tied to the metrics your board actually asks about
- Systems and process design as headcount and entities multiply
- Multi-entity and multi-currency consolidation
Who it fits — Teams who aren't ready to build an in-house accounting department.
Audit Liaison and Readiness
An opinion delivered on schedule, from a team that scoped the engagement instead of discovering it mid-fieldwork.
Audit-ready financials and seamless auditor coordination under trusted reporting frameworks.
What's included
- Audit file & lead schedule preparation
- Technical GAAP/IFRS statement drafting
- PBC request & query management
- Balance sheet & prior-period cleanups
- Internal control & compliance testing
Who it fits — Companies, finance teams, and accounting practices preparing for external statutory or investor audits.
Why Step1
The firm that stays after the audit ends
One Team, Not a Vendor Roster
The person who builds your model is the person who explains it to your board — you're never re-briefing a new analyst every quarter.
Standards Fluency Across Borders
US GAAP, IFRS, and Ind AS under one roof, for companies with entities, investors, or acquirers on more than one continent.
Audit-Side Judgment, Advisory-Side Pace
Our technical accounting is written the way an auditor reads it — because several of us used to be the auditor.
Fixed Fee with Savings Up to 60%
No hourly surprises. The engagement letter says exactly what's delivered, on what date, for what fee — delivering savings up to 60% compared to full-time executive hires.
Cost Comparison
Savings up to 66% vs. in-house hiring
Check your finance needs and compare the cost of a full-time in-house hire against our dedicated advisory pod.
Industries
Deepest where the accounting gets specific
Leadership
Two partners, one point of accountability
CA Kshitij
CA (ICAI)Managing Partner, GAAP Advisory
Trained as the auditor, now working as your ally. Ten years in Big Four audit across the UK and India, leading FTSE 100 and FTSE 250 engagements, with deep insight into exactly what auditors, investors and boards look for. Big Four judgement, without the Big Four distance, for growing businesses across the UK, US and India.
CA Mayank A
CA (ICAI)Partner, Audit & Assurance
Big Four rigour, with partner-level attention. Ten years in Big Four audit, leading statutory and PCAOB audits for listed and private groups across the UK, US and Europe. Fractional CFO support that turns sharp controls and clear reporting into confident growth. Audit-grade discipline, CFO-level vision.
FAQ
Questions before the diagnostic call
We serve companies incorporated in the UK and the US, and groups with subsidiaries overseas. Our technical accounting covers FRS 102, FRS 105, FRS 101, UK-adopted IFRS and US GAAP. If your structure sits outside those frameworks, tell us on the diagnostic call and we’ll say plainly whether we’re the right fit.
A fixed monthly retainer, scoped to your entity count, transaction volume, and reporting cadence in the engagement letter. Audit and one-off projects are quoted separately and fixed before work starts.
We work with the systems you already use. Most often that's Xero, QuickBooks Online, Sage, Tally and Zoho Books. No migration, no new software to learn.
We're ready when you are.
That's most of our client base. We typically step in as the first dedicated finance function a company has had, and either hand off to an internal hire later or stay embedded indefinitely — whichever the business needs.
Get started
Book a Discovery Call
Tell us where your finance function is straining. We'll reply within one business day to schedule the 45-minute diagnostic call — no pitch deck, just your books and our read on them.
Advisory Headquarters
Gurugram (Delhi NCR), India — engagements delivered globally under US GAAP, UK GAAP, IFRS & Ind AS
Send a Diagnostic Inquiry
We review every submission personally and reply with technical feedback within one business day.