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Through our comprehensive accounting solutions, we help you build a robust financial system that identifies strengths and weaknesses, providing you with clear insights and accurate information to ensure confident decision-making for success.
Setting up the accounting system
Setting up the accounting system
Designing a complete accounting framework and chart of accounts.
Selecting the most suitable accounting software.
Entering the opening balances.
Periodic Accounting Services
Recording daily journal entries
Bank reconciliations
Posting journal entries to the general ledger
Preparing managerial financial reports
Cost center-based reporting
Project reports
Branch- or department-based reports
Cost Accounting
Calculating the cost of a product or service.
Cost variance analysis
Preparing profitability reports by production line
Contracting and Project Accounting
Managing project billings and progress claims
Revenue recognition based on the percentage of completion
Monitoring project contracts and cost centers
Inventory Accounting
Inventory valuation (FIFO, Weighted Average)
Physical inventory counting and system reconciliation
Reconciling discrepancies
Cash and Petty Cash Accounting
Managing employee advances
Managing cash fund movements
Matching disbursement statements
Accounts Receivable and Payable Accounting
Aging analysis of receivables and payables
Credit limit management and collections
Preparing periodic reports on payments and receivables
Preparing final accounting adjustments
Accrual and prepayment adjustments for expenses and revenues
Closing temporary accounts
Preparing closing entries
Preparing budgetary reports
Preparing budgetary reports
Preparing estimated financial budgets
Simulating expected performance based on current data
Reorganizing accounts and correcting historical data
Reorganizing accounts and correcting historical data
Correcting erroneous prior journal entries
Reposting historical data into new systems
Reconciliation of doubtful account balances
Preparing customized reports for official authorities or investors
Reports for banks to request financing
Reports for strategic partners or legal auditors
Technical support during government audits and tax inspections
Technical accounting audit service
Review of compliance with International Financial Reporting Standards (IFRS) and local accounting standards and regulations
Handling complex accounting cases
Preparation of basic financial reports and statements
The income statement shows revenues, expenses, and net profit or loss.
The balance sheet depicts the company’s financial position at the end of the period.
The cash flow statement shows cash inflows and outflows classified by activity (operating, investing, financing).
The statement of changes in equity presents the changes that occurred in the company’s capital and reserves.
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