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.
Bookkeeping and Accounting
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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:
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Easy Invoicing;
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Easy Purchase order Creation;
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Easy payment processing;
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Easy review of receivables and payables records;
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Access to multiple allowed users;
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Integration with mobile Applications;
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Multicurrency options;
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Inventory Accounting;
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Connectivity with Third party applications;
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Easy file attachment;
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Tax compliance capabilities;
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Management Reports for whichever interval you require;
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Online review of financial performance and key performance indicators
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Providing Software implementation support
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Providing necessary training for bookkeepers / finance team members
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Preparation of Financial statements in compliance to local laws
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Accounting supervision
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Accounting record review for previous periods
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Provide assistance to clients’ teams in arranging statutory and regulatory audits
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Design, implementation and review of accounting manuals
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Compiling operational and accounting Manuals (SOPs)
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Accounting of Retirement benefit plans
Reporting
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:
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Performance management reports against budgets
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Compilation of statutory annual reports
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Management reporting on all key KPIs
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Periodical reporting on agreed upon KPIs
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Reporting to parent entities with accuracy and timeliness
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Providing assistance to clients develop KPI dashboards
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Helping clients understand and implement the IFRS in a systematic and easy mode
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Rendering professional advice and opinion on accounting standards (including IFRS) and corporate accounting practices;
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Checking compliance to International Financial Reporting Standards (IFRS)
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Improving the speed and quality of financial reporting (Quality Close)
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Improving in the financial reporting process chain
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We help clients in advising the accounting considerations involved in new regulatory compliance initiatives, including new accounting standards or regulatory pronouncements
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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
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Helping clients in organizing financial reporting processes
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Helping clients in achieving compliance level
Business start-up accounting support / Virtual Chief Financial Officer (VCFO)
Start-ups normally do not have the resources to hire a full-time CFO. Start-ups like to:
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keep fixed costs low;
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having outsourced service provider provides them the flexibility of choosing services as and when required; and
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get strategic, value add services, which cannot be provided by an accountant
The VCFO replaces conventional CFO position for start-ups, to oversee:
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the financial planning,
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maintain and report on the financial activities, and
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manage financial risks of the business
In the basic level, a VCFO is expected to take responsibility for:
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initial software selection and implementation
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setting up the chart of accounts and book keeping assistance
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the accuracy of the account books and interpret the financial information from the accounting data;
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executing or overseeing the reporting process;
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suggesting measures to control expenditure and acquire capital at low cost
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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.
Temporary Secondments
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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
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We also provide financial statements compilation services, which allow companies without an accountant to have financial statements prepared by an outside professional
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In extraordinary circumstances e.g. during M&A activity or restructuring etc., we are able to co-source scarce accounting and financial reporting resources
Others
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Payroll management
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Fixed assets management
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Filing and archiving
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For those unable to embrace cloud technology, we can also store data on our own dedicated, secure internal servers.