MICHAEL ARMANDI JOINS THE CFO SQUAD, ADDING NEXT GENERATION AUDIT SYSTEM SERVICE FOR CLIENTS

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THE FORMER CEO AND AUDITOR BRINGS PROVEN SYSTEM TO HELP CLIENTS REDUCE AUDIT FEES AND IMPROVE FINANCIAL TRANSPARENCY

NEW YORK, N.Y. – (January 23, 2014)  – The CFO Squad is pleased to welcome Michael Armandi as Chief Operations Officer.  Mr. Armandi began his career at Arthur Andersen as a PCAOB auditor, and then spent the next eight years with a New York based CPA firm, where he started to develop a system that allows companies to minimize time spent on audits and reviews, better organize their litany of files, and potentially, dramatically reduce their audit fees.  This system has also been implemented and utilized in a host of public and private companies to assist in maximizing overall profitability and transparency with their accounting and financial operations.

“By bringing Mr. Armandis wealth of experience, and his unique system to The CFO Squad, it will give our current and future clients an advantage over their competition by allowing their personnel to focus on day to day operations, instead of spending unnecessary time on back office operations, and all a fraction of the cost of a full time CFO,” said Joseph Himy, Managing Director of The CFO Squad.

Mr. Armandi, previously President and CEO of BEE, Inc., brings with him over 15 years of accounting, corporate finance and corporate tax experience, and has an impressive track record of assisting public and private companies streamline their accounting and financial reporting systems.  Mr. Armandi will be responsible managing CFO Squads accounting operations, customer services and professional development of the accounting department.

The depth the CFO Squads services spans outsourced bookkeeping, SEC reporting assistance in capital raising, preparation of financial records for auditing purposes to aid in going public, assisting in projections as needed, tax services, and assistance with major financial decisions. “Our goal is to become vital partners in a companys growth plans and to provide the strategic advice needed for the company to successfully operate in the future,” said Mr. Armandi.

For more information on The CFO Squad and its services, visit www.www.cfosquad.com.

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About The CFO Squad
The CFO Squad is a premier provider of a wide range of outsourced accounting and financial business services to both private and public companies, designed to add significant value to a companys financial health and performance through a low-risk, flexible cost structure. Clients can choose from a comprehensive suite of financial and administrative management solutions for their business. The CFO Squad has a team of seasoned professionals with over 100 years combined experience as public and private company CFOs, including diverse experience in SEC regulatory compliance and reporting, corporate finance, operations management, strategic planning, raising capital, managing and improving cash flow, and handling regulatory and compliance projects.

CONTACT INFORMATION:

Media Contact:
Sinan Kanatsiz, KCOMM
949-443-9300
sinan@kcomm.com

Company Contact:
Joseph Himy
CFO Squad
845-613-3399 Ext 1004
info@thewww.cfosquad.com

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