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Why finance departments hire our firm

We work exclusively with finance departments. Universally they are tired of repetitive, band-aid “solutions” that don't solve their problems.  They need to make improvements but cannot afford any missteps or wasted time.

We carry them through technology selection, implementation, and long-term use to guarantee success.  For over 25 years we have helped finance departments across North America do more with less, do it better than it was done before and do it in less time.

Our carefully selected team has the precise skills and experience necessary to help your finance department.

Core competencies:

  • Accounting expertise:
    • Our lead consultants are all designated accountants. In fact, every member of our team has extensive accounting experience.
    • We have tackled reporting projects in nearly every major reporting framework in North America including GASB, PSAB, IFRS, GAAP & ASPE. 
    • Every one of our consultants has conducted audits, prepared the working papers and year-end financial statements for audits, and/or prepared budgets and budget books. Many of our consultants have done ALL of these tasks. 
  • Technology expertise:
    • From performing business process analysis to building custom applications, from designing and implementing radio frequency wide-area networks that cover multiple city blocks to building custom web applications that present annual tender awards, our professionals have a breadth and depth of experience that is difficult to duplicate.
    • We continually investigate and review current and evolving technology solutions to identify best-of-breed tools.
    • We are certified to implement, train and support numerous solutions for finance departments. 
  • Domain expertise:
    • With more than 200+ years of collective experience working both in and with finance & budget departments in government, education, and corporations across North America, our team has a broad perspective and deep understanding of finance's processes and language. 
    • Those decades of experience allow our team to immediately step in, understand your issues with a minimal learning curve, and begin assisting your finance department.
    • We are regular presenters for numerous professional associations across North America on business process improvement, financial reporting, internal controls, communication, data analytics & monitoring.

Enabling competencies:

  • Project management:
    • Working with our client, we carefully and formally map out each step in the project, assign responsibilities, establish and track deadlines and develop fall-back plans.  We share this plan with our clients so they can participate and continuously monitor progress towards their goals. Our clients always know the status of each task and the project as a whole.
  • Communication:
    • From automated updates from our project management and support systems, to recording and sharing all of our meetings, we focus on ensuring clear, concise and regular communication. 
  • Client care:
    • Your problems become our problems. Prioritizing client satisfaction is the focus of every member of our team. We do not have a failed implementation in our 25-year history and our clients rave about their experience working with our firm.

Read some of client success stories  Schedule a n obligation meeting with one of our experts

OUR STORY

We trace our roots back nearly 70 years to a traditional accounting firm. We've evolved and today are recognized as a foremost authority on finance department improvement & automation.

How we evolved is a somewhat interesting story.

In the late 90's, we began to see a trend; finance departments struggled to keep up with the demands being placed on them.  When we interviewed finance teams we heard that either:

1) they had not found the best solutions to enable efficiency gains, or

2) they had purchased software but, were getting little benefit from it for some reason. 

We investigated with numerous clients to understand why this occurred and found the following... Read More

In short, we determined that many finance departments did not have the necessary expertise in three key areas and universally lacked the time to dedicate to ensuring they received maximum value from their IT solution.

We took these observations and assembled our team to bridge the gap between finance and technology. We implement, integrate and optimize industry-leading tools & best practices to evolve our client's finance function.

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Grandpa Black's firm, F.H. Black & Company Chartered Accountants was formed in 1950 with offices in Fort William and Port Arthur, Ontario as well as Winnipeg, Manitoba.

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Harry Black (grandson) founds F.H. Black & Associates, specializing in assisting finance departments to understand the complexities of the newly-implemented Goods & Services Tax (GST)

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Jamie Black joins his brother Harry. The firm formally changes name to F.H. Black & Company and reinstitutes Grandpa's firm's style & brand. The focus of the firm is traditional accounting, bookkeeping & tax.

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Already focussing on improving finance department efficiency, the firm reviews and selects CaseWare Working Papers as the best solution for automating complex reporting tasks.

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By 2000 the firm has grown. Our team has expanded and we have begun rendering a full range of services to finance departments including systems needs analysis, ERP implementation, custom application development, training and support.

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To better service clients in numerous time zones, as well as attract and retain the best talent, FHB implements full remote-work policy enabling complete flexibility to live and work where it best suits the individual.

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To focus entirely on finance department improvement, Jamie & Harry found F.H. Black & Company Incorporated. The accounting firm continues to provide traditional accounting services to small and medium size businesses.

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F.H. Black & Company Incorporated partners with Questica Budget to develop a one-click integration solution and provide an automated GFOA Distinguished Budget Book award-compliant solution for their users.

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Clients

250+
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Successful Engagements

600+
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Combined Years of Experience

200+

A Few Of Our Clients...