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"Particularly in closely-held situations with family-owned businesses, what our owner does corporately affects his family. You need an accounting firm that understands that." - Scott Dunlop, LJK Companies, Inc.

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Utilities Key Services - IFMI

IN A COMPETITIVE ENVIRONMENT YOU CAN'T AFFORD TO BE WITHOUT IT.

TELECOMMUNICATIONS COMPANY



  Without Olsen Thielen
IFMI System

With Olsen Thielen
IFMI System
Information Available Internal financial information or RUS Form 479, audited financial statements, other reports and information. 5 Years of expanded information in one document, tied into audited financial statements and other information.
Decision Making Based on condensed information presented in conformance with generally accepted accounting principles. Based on expanded information with 5-year trends that can be updated annually.
Current Separate reports and financial statements. One document that summarizes information from various financial statements and the audit workpapers.

Additional benefits of the OT IFMI System for Telecommunications Companies:
  • Provides overview of the Company’s financial operations for executive and board.
  • Helps provide information for consultants.

ELECTRIC DISTRIBUTION COMPANY



  Without Olsen Thielen
IFMI System

With Olsen Thielen
IFMI System
Information Available Form 7, audited financial statements, other reports and information. 5 Years of expanded information in one document, tied into audited financial statements and other information.
Decision Making Based on limited information. Based on total, accurate information with 5-year trends and always available.
Current Stand-alone information, not integrated. Updated annually with information from integrated audit workpapers and other information.

Additional benefits of the OT IFMI System for Electric Distribution Cooperatives:
  • Provides overview of the Company’s financial operations for executive and board
  • Streamlines the process in securing advice from consultants.
For more information on the IFMI product, please contact Rick Ehrich at 800-866-4521.