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Businesses need accurate and timely financial information to help in decision making. Our accounting and reporting services, provides you better understanding of your business, ensuring compliance to local laws.

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• We offer cloud-based bookkeeping platform, as per the size and need of the clients, which gives clients better direct access to a number of reports. This reduces administrative burdens and increase efficiencies and allows:

  • Easy Invoicing;

  • Easy Purchase order Creation;

  • Easy payment processing;

  • Easy review of receivables and payables records;

  • Access to multiple allowed users;

  • Integration with mobile Applications;

  • Multicurrency options;

  • Inventory Accounting;

  • Connectivity with Third party applications;

  • Easy file attachment;

  • Tax compliance capabilities;

  • Management Reports for whichever interval you require;

  • Online review of financial performance and key performance indicators

• Providing Software implementation support

• Providing necessary training for bookkeepers / finance team members

• Preparation of Financial statements in compliance to local laws

• Accounting supervision

• Accounting record review for previous periods

• Provide assistance to clients’ teams in arranging statutory and regulatory audits

• Design, implementation and review of accounting manuals

• Compiling operational and accounting Manuals (SOPs)

• Accounting of Retirement benefit plans

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We provide software based and non-software based management reports of multiple discipline, tailored as per the needs of the clients. Our services in this respect include:

• Performance management reports against budgets

• Compilation of statutory annual reports

• Management reporting on all key KPIs

• Periodical reporting on agreed upon KPIs

• Reporting to parent entities with accuracy and timeliness

• Providing assistance to clients develop KPI dashboards

• Helping clients understand and implement the IFRS in a systematic and easy mode

• Rendering professional advice and opinion on accounting standards (including IFRS) and corporate accounting practices;

• Checking compliance to International Financial Reporting Standards (IFRS)

• Improving the speed and quality of financial reporting (Quality Close)

• Improving in the financial reporting process chain

• We help clients in advising the accounting considerations involved in new regulatory compliance initiatives, including new accounting standards or regulatory pronouncements

• Advising on improving systems and processes to create an appropriate balance between performance, risk and control while delivering accurate and timely information to significant stakeholder

• Helping clients in organizing financial reporting processes

• Helping clients in achieving compliance level

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Start-ups normally do not have the resources to hire a full-time CFO. Start-ups like to:

• keep fixed costs low;

• having outsourced service provider provides them the flexibility of choosing services as and when required; and

• get strategic, value add services, which cannot be provided by an accountant

The VCFO replaces conventional CFO position for start-ups, to oversee:

• the financial planning,

• maintain and report on the financial activities, and

• manage financial risks of the business

In the basic level, a VCFO is expected to take responsibility for:

• initial software selection and implementation

• setting up the chart of accounts and book keeping assistance

• the accuracy of the account books and interpret the financial information from the accounting data;

• executing or overseeing the reporting process;

• suggesting measures to control expenditure and acquire capital at low cost

• playing a role of financial and strategic partner for the business

VCFO can also offer one-time help with strategic transactions, financial processes, business plans and budgeting.

We provide the tailor-made services of the VCFO to start-ups and SME sectors on hourly, daily, weekly or fortnightly rate basis, as per the needs of the clients. This helps the start-ups to focus on their core areas, leaving the technical job to professionally qualified resources.

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• We provide human resource as per the requirement and need of our clients by seconding experienced professionals for short or long-term assignments

• We also provide financial statements compilation services, which allow companies without an accountant to have financial statements prepared by an outside professional

• In extraordinary circumstances e.g. during M&A activity or restructuring etc., we are able to co-source scarce accounting and financial reporting resources

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• Payroll management

• Fixed assets management

• Filing and archiving

• For those unable to embrace cloud technology, we can also store data on our own dedicated, secure internal servers.

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