About CostSense
About Our Founder
Slava Tkachev is an accomplished CFO and Financial Controller with over 15 years of extensive experience across various industries, within both large corporations and small businesses. His career highlights include developing a full-cycle accounting department from scratch, establishing efficient financial functions, and creating internal reporting systems that significantly enhanced management’s capacity for informed, data-driven decision-making.
He is known for his exceptional ability to combine a thorough understanding of accounting principles with in-depth knowledge of financial planning and analysis. This unique blend of skills allows him to provide strategic insights that drive growth and profitability for small and medium-sized enterpris- es. Slava’s expertise extends to financial reporting and analysis, budgeting and forecasting, cash flow management, project management, and imple- menting process improvement initiatives.
Slava holds two esteemed accounting designations: Chartered Professional Accountant (CPA) in Ontario and Certified Management Accountant (CMA) in the USA. These credentials, combined with his practical experience and advanced certifications as a Certified QuickBooks ProAdvisor, underscore his credibility and trustworthiness in the field of accounting and financial management.
Slava Tkachev
Owner & Chief Executive Officer
Our Team
Meet the Team
Sergey brings nearly 20 years of distinguished experience as a legal and business consultant, specializing in small to medium-sized enterprises (SMEs) and family-owned businesses. At Costsense, Sergey applies his comprehensive expertise in market entry strategies, business expansion, and operational efficiency to identify new opportunities and catalyze growth. His proficiency in navigating complex regulatory environments and his strategic insight enable him to deliver bespoke cost management solutions that address the specific challenges faced by SMEs.
Throughout his career, Sergey has demonstrated a relentless commitment to excellence, fostering strong, long-term relationships with clients. His approach is characterized by a deep understanding of the unique dynamics and needs of SMEs, ensuring that his clients receive tailored advice and strategies that drive sustainable success. Sergey’s dedication to client success is evident in his meticulous attention to detail and his proactive approach to problem-solving, making him an invaluable asset to the Costsense team
Sergey Vershinin
Business Development
There comes a time when basic accounting isn’t enough.
Our expert services provide in-depth financial analysis. We’ll turn your data into actionable insights, empowering you to make informed decisions that fuel your business’s success.
Bookkeeping Services
Your financial data gets organized and become a foundation for further financial insights.
Fractional Controller
Your financial data gets organized and become a foundation for further financial insights.
Fractional CFO
Your financial planning and analysis (FP&A) tool offering detailed forecasts and impactful financial dashboards for executives, board members and investors.
We understand that accounting isn’t just about compliance – it’s the raw material for unlocking powerful business insights.
Blog Posts
Latest Blog Posts
Get fresh resources on topics like finance, accounting, strategy, and business operations. Stay informed with the latest updates here.
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From Cash to Accrual: How Switching Accounting Methods Transform Business and Improve Financial Clarity
The Motivation for Change: Many small and medium-sized businesses I worked with initially chose cash accounting for its simplicity—recording income when cash was received and expenses when paid. This method worked well in the early stages when operations were straightforward. However, as these businesses grew and took on larger clients with longer payment terms (30,…
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Why Cash Flow is King?
Many business owners focus heavily on profitability, but even profitable businesses can struggle or fail without a steady cash flow. It’s not just about what’s on the balance sheet; it’s about liquidity. What is the Difference Between Cash Flow and Profit? A common misconception is that profit equals cash. However, profit is an accounting concept…
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Understanding the Big Three: Income Statement, Balance Sheet, and Cash Flow Statement
In the world of business finance, three core documents are essential for understanding a company’s financial health: the income statement, balance sheet, and cash flow statement. Each of these financial statements provides unique insights, and together, they form a comprehensive picture that guides business leaders in making informed decisions. Let’s break down these financial statements,…
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