About TLC Business Solutions
I offer multi-faceted experience as a professional in the Accounting field with a keen focus on strategic planning, data analysis, process improvements, and team leadership in collaboration with strong and talented teams.
I successfully utilize my analytical skills, quick learning, and critical thinking to ensure proper guidelines and streamlining of operations. My attention to detail, solid work ethic, and passion assists my overall skill set with regard to the nuances of the field. I am a creative thinker with an innovative and strategic vision to how I approach my position with the decision-making ability to manage operations, analytics, and relationships as needed. A few examples of my successes in the field are below.
Career Highlights
Identified $500,000
Identified more than $500,000 in assets that had been inadvertently written off; added assets to balance sheet and notified tax accountant of changes.
System Conversions
Numerous system conversions, including complete accounting data reconstruction and completing failed system conversion.
Discovered $100,000
Discovered and corrected $100,000 in overstated expense and liabilities, resulting in increased net income and owner equity.
Time & Money Saved
Increased employee benefits at no additional cost to the employer, while saving the company time and money in benefits administration.
Records Conversion
Converted three years accounting records from cash to accrual to comply with SEC audit, corrected and electronically filed 1099's for the previous three years, worked with CPA to correct and amend three years income tax returns, provided partners with new K1s.
Discovered embezzlement
Gathered source documents, obtained fraud refunds from banks / credit card companies & provided documents to DA for prosecution.
About Wallace Business Services
We offer excellence at Wallace Business Services, LLC. Our services include compliance monitoring, form development, HR support (CA only), nonprofit management, policy analysis and development, program implementation, project management, quality assurance, records management, risk management, safety compliance (CA only), and strategic planning.
With over 15 years of business management experience, including 11 years in the nonprofit sector, the founder Cherise Wallace brings valuable insights to help clients navigate challenges and seize opportunities. Specializing in strategic planning, project management, and organizational development, Wallace Business Services is committed to delivering effective solutions for success and sustainability.
Our Professional Services
Compliance Monitoring and Reporting:
The process of overseeing and verifying adherence to policies and standards within an organization. It involves monitoring activities, conducting audits, identifying non-compliance issues, and preparing reports to document compliance status and corrective actions.
Human Resource Support (CA only):
The provision of services and assistance related to managing an organization's human capital. This includes recruitment, training, performance management, employee relations, benefits administration, and compliance with labor laws and regulations.
Policy Analysis and Compliance:
The examination organizational policies to assess their implications, effectiveness, and compliance requirements. It involves researching, interpreting, and evaluating policies to ensure alignment with organizational goals and standards.
Program Development and Implementation:
The process of conceptualizing, designing, and executing programs or initiatives to address specific needs or achieve desired outcomes. It involves identifying target audiences, defining objectives, creating action plans, and monitoring progress to ensure successful implementation and impact.
Quality Assurance and Evaluation:
The systematic process of assessing and ensuring the quality, effectiveness, and efficiency of products, services, or processes within an organization. It includes establishing standards, conducting evaluations, identifying areas for improvement, and implementing corrective actions.
Risk Management:
The process of identifying, assessing, and mitigating risks that may affect an organization's operations, assets, or stakeholders. It involves analyzing potential threats, implementing preventive measures, developing contingency plans, and monitoring risks to minimize their impact.
Form Development and Maintenance:
The creation, updating, and management of forms and documents used within an organization for various purposes such as data collection, reporting, and record-keeping. It involves designing user-friendly forms, ensuring accuracy, and updating as needed to reflect changes in processes or regulations.
Nonprofit Management and Leadership:
The practice of overseeing and guiding the operations, resources, and activities of nonprofit organizations to achieve their missions effectively. It involves strategic decision-making, resource allocation, stakeholder engagement, and ensuring ethical and legal compliance.
Policy Development:
The process of creating, reviewing, and revising organizational policies and procedures to address emerging issues, improve operations, and align with strategic objectives. It involves research, consultation, drafting, and approval of policies to guide decision-making and behavior.
Project Management:
The discipline of planning, organizing, executing, and controlling resources to achieve specific goals and deliverables within defined constraints such as time, budget, and scope. It involves defining project objectives, allocating tasks, managing timelines, and monitoring progress to ensure successful project completion.
Records Management and Retention:
The systematic process of organizing, storing, and maintaining organizational records and documents to ensure their accuracy, accessibility, and compliance. It involves establishing record-keeping policies, classifying documents, and implementing retention schedules.
Safety and Compliance Management (CA only):
The practice of ensuring compliance with safety regulations and standards to protect employees, customers, and the public from hazards and risks. It involves implementing safety protocols, conducting inspections, providing training, and maintaining records.
Strategic Planning and Development:
The process of setting goals, defining strategies, and outlining actions to achieve long-term objectives of an organization. It involves assessing internal and external factors, identifying opportunities and challenges, and developing plans to optimize organizational performance and growth.