Accounting
Accounting is the process of recording financial transactions of a business. The accounting process includes summarizing, analyzing, and reporting these transactions over a period.
Bookkeeping
Bookkeeping is the recording of financial transactions. It involves preparing
source documents for all transactions, operations, and other events of a
business. Transactions include purchases, sales, receipts, and payments. We
provide professional bookkeeping services at by weekly / monthly visit clients’
premises, and at our office.
MIS / Performance Reporting
We prepare and present monthly reports in a professional way, helping for
decision making process for the management. With the data processed in
bookkeeping activity The reports like Cash Flow, Statement of Income &
Expenditure, Statement of Financial Position are prepared monthly (or for a
specific period).
Payroll Services
We help our client to register and process the Salary Payments through Wage
Protection Scheme.
Financial Review
A Financial Review is a limited assurance engagement of verifying all the
financial transactions making sure the financial objectives and process are
followed properly. It ensures that the spending is no more than necessary.
Limiting the analysis to analytical procedures and assessment of
management, it evaluates the business records.
Accounting Setup Services
We can assist our client with the implementation and setup of an accounting
system while providing with the technical expertise to help maintaining that
system.
We provide:
• Installation
• Set-up
• Staff Training
• Support
• Review
Financial Due Diligence
The due diligence involves an investigative analysis of a business. It is an
investigation, audit, or review performed to confirm the facts of a matter under
consideration by
• assessing the key issues facing the business
• the drivers behind profits and cash flows,
• identifying the key financial risks
IFRS Guidance
The International Financial Reporting Standards (IFRS) are accounting
standards that are issued by the International Accounting Standards Board
(IASB) with the objective of providing a common accounting language to
increase transparency in the presentation of financial information. We provide
professional guidance on International Financial Reporting Standards (IFRS)
to present the financial statements as per the standards.
Accounts Outsourcing
Accounts Outsourcing is a service for small businesses which provides a full,
accounting experience. We handle the day-to-day transaction coding,
accounts payable, accounts receivable, payroll processing, bank
reconciliations etc.
Virtual & On – Site Accounting
We provide accounting and finance teams with the technology required to
perform all the client accounting activities and tasks virtually, without needing
to be physically present in the office and at client office as well. The client
receives expertise services and reports as required. This modern way of
working is more flexible, efficient, and cost-effective
Preparation of Accounting Reports
This includes the report like Cash Flow Statements, Statement of Equity,
Statement of Profit or Loss A/c, Statement of Financial Position etc, and any
reports customised to the client requirement, a one-time service.
Accounting Procedure Standardisation
Implementation of set of practices and policies used to systematize
bookkeeping and other accounting functions. Accounting standards apply to
the full breadth of an entity’s financial picture, including assets, liabilities,
revenue, expenses, and shareholders’ equity. This helps the entity to Reduce
Risk of Errors, Facilitate Business Continuity, Promote Continuous
Improvement etc.