How can our Finance and Accounting services help you realize maximum value with optimum resource utilization?
We work closely with business owners, CEOs and CFOs to help them in aligning their financial and accounting processes and making informed business decisions. This empowers them to have better control and visibility of their finance organization and achieve better business outcomes.
Today CFOs look beyond cost reduction and financial management as they are expected to provide a financial structure which is more agile and connected with the rest of business units within the organization. They need to make significant improvements to mitigate financial risks and ensure improved control and compliance with the evolving regulatory norms.
We are committed to deliver innovative solutions that helps maximize performance in business transactions processing, billing, collections, accounting of business transactions and preparation of financial statements and other areas critical to elevate the role of the finance function in their organization.
BDO delivers full range of finance and accounting support services across the entire finance value chain. Our key Finance & Accounting services are as follows:
• Setting up the accounting system QuickBooks, Sage, Microsoft Dynamics, Tally, Navison, Xero and Oracle etc.
• Creation of charts of accounts in line with clients reporting requirement
• Preparation of annual and periodic financial statements in accordance with IFRS
• Designing and establishing a reporting mechanism for management purposes
• Designing the customized management reporting dashboard for effective communication
• Preparation of fixed assets register
• Accounts receivable and payable management
• Analysing and processing the expenses incurred by the firm/employee on a monthly/quarterly/yearly basis and preparing a cumulative report
• Audit assistance to support accounts team to meet auditor's expectations