Trying to add a payment method? You can do this on the 
By Haley Lyons, CPA, Partner at Kernutt Stokes
Virtual accounting, also called client advisory services, is revolutionizing how businesses manage their finances, offering far more than just cost reduction. It’s true power lies in providing flexible, scalable access to a full spectrum of financial expertise, from essential bookkeeping to high-level CFO advice.
This team-based approach allows businesses to secure precisely the financial support they need, adapting services as their business evolves. Routine tasks like daily transactions and reporting are handled efficiently, forming a strong financial backbone. Crucially, virtual accounting also provides access to strategic CFO-level guidance, offering vital support in financial planning, forecasting, and analysis – expertise often inaccessible to growing companies due to the cost of a full-time hire.
When virtual accounting teams are part of established accounting firms, businesses gain an added advantage: the ability to leverage the firm’s full team of CPAs for specialized services tailored to specific industries or complex situations. This integrated model ensures businesses benefit from deep knowledge and experience.
In a rapidly changing economic landscape, virtual accounting emerges as a strategic solution that delivers both financial efficiency and enhanced value. It provides the necessary bookkeeping foundation while offering scalable access to the strategic financial insight needed to navigate challenges and drive growth.
For instance, Kernutt Stokes’ Virtual Accounting team exemplifies this model. Staffed by CPAs, QuickBooks Pro Advisors, and cross-trained experts, and backed by the firm’s 90+ accounting professionals, they provide clients with the comprehensive depth and breadth of knowledge required, seamlessly combining essential bookkeeping with strategic CFO-level support.
The Four Questions Every Business Owner Should Ask About Their Accounting
Do you face challenges in hiring or retaining qualified accounting staff?
☐ Yes
☐ No
Are you seeking a comprehensive accounting solution that offers both bookkeeping and strategic advice?
☐ Yes
☐ No
Will your accounting needs change as your business grows?
☐ Yes
☐ No
Are you concerned that your in-house accounting team may not be staying current with the latest accounting regulations and best practices?
☐ Yes
☐ No
If you said “yes” to one or more of these questions, Virtual Accounting with Kernutt Stokes might be a good fit for you. Contact Kernutt Stokes today!
Top Oregon CPA Leads Virtual Accounting at Kernutt Stokes
Haley Lyons, CPA, is the partner in charge of the virtual accounting practice at Kernutt Stokes. She has been included in the esteemed Forbes 2025 list of Best-In-State CPAs, which honors leading accounting professionals for their expertise, experience, and integrity. Lyons’ recent appointments also include serving as the Pacific regional director on the 2024-25 Board of Directors for the National Association of State Boards of Accountancy (NASBA) and chairing the Oregon State Board of Accountancy.
Oregon’s Award-Winning Expertise: Kernutt Stokes offers Superior Virtual Accounting for Your Business
For nearly 80 years, Kernutt Stokes has been a cornerstone of accounting and business consulting in Oregon. As the state’s fourth-largest CPA firm with offices in Eugene, Bend, and Corvallis, the firm empowers privately held and family-owned businesses across key sectors like construction, manufacturing, transportation, beverage, and agribusiness.
Kernutt Stokes’ team of 14 partners and 75 accounting professionals offers a full spectrum of services, from core accounting and virtual accounting to 401(k) administration, retirement planning, and strategic business consulting. The firm is proud to be recognized for its exceptional workplace culture (Oregon Business magazine’s “100 Best Companies to Work For” in 2025, 2023, 2021; “Best Place for Working Parents” in 2025) and industry leadership (INSIDE Public Accounting’s top 50 accounting firms, 2022). Kernutt Stokes is an independent member of BDO Alliance USA, dedicated to delivering superior client service. Businesses can discover how the rm can help them thrive at KernuttStokes.com.
