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Accounting

Our Accounting services offers customized services that cover a wide range of F&A related services of an organisation. All our services come at cost-competitive that help you make significant cost & time savings and focus on core competencies. Our Accounting team provide a significant competitive advantage and is able to provide the required talent and skills. At present we are offering Off-shore and On-shore Accounting services. In case of Off-shore services our core team will be deployed during the migration of the process and in turn they will train our internal team as per the requirements of the business associate. In case of On-shore our highly qualified professionals will be deployed to the client place to provide the services as per the requirement of the business associate.

Our F&A professionals enriched with vast experience in core F&A related matters from various Industries. They will assist or provide an advisory to your accounting related issues.

Our F&A Services Include:

  • Providing the hands of experience on preparation of organization accounts manual
  • Configuration of accounting related software to the best suitable way to the organization and timely generation of MIS reports
  • Preparation of Financial Statements standalone and consolidated as per
    • Indian GAAP
    • IFRS
  • Providing advisory services in F&A related matters
  • Conducting training programmes and workshops on various accounting & audit related matters
  • Deploying the team to do the Accounting for your organization

Financial Reporting

  • Improving the speed and quality of financial reporting
  • Improvements in the financial reporting for better usage
  • Conducting training programmes and workshops to the Key Executives for better understanding on financial impacts
  • Placing our Key People as a Financial Controller in your organization to develop the better systems & controls  in F&A
  • Configuring the Financial MIS to give more focus on the financial activities to the users

Balance sheet account reconciliation is an underappreciated internal control over financial reporting. Accelerating the process can help companies identify and correct errors before they file their reports with any statutory authorities

Companies need to reconcile all accounts that could contain a significant or material misstatement and post all necessary adjustments to the general ledger in a timely manner rather than allowing their external auditor/audit committee to identify such misstatements during its review of the company’s financials

We undertake the process of Balance Sheet Accounts Reconciliation of the companies and our process includes the following activities:

  • Sending the request letters to all the outside parties of an entity covered under various heads of BS by asking the SOA
  • Following up for the SOA & clarifications where ever required from all those parties in their SOA
  • Taking out the SOA from the books of the targeted entity
  • Conducting the reconciliation between both the statements
  • In case, if it is not matching on both the ends then identifying the possible reasons for the difference in a standard template in consultation with the owner
  • Adopting the risk based approach on each account recon assignment
  • Preparing the documents for each account recon and duly signed by the reconciliatory and counter signed by a person from the targeted entity by accepting the reconciliation process.
  • Summarizing the outcome and report the concerned nominated person form the targeted entity
 
     
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