Financial data compilation
Our team of professionals provide financial data compilation service to assist the management of a business in presenting its financial statements. A compilation is usually a write-up service with compilations, or compiled financial statements, our team of accountants converts the client’s data into financial statements. A compilation report is accompanied along with the compiled financial statements to indicate that the financial statements are the representation of the company’s management, and have not been reviewed or audited and therefore the accountant does not offer an opinion or any assurances on the financial statements.
Our Compilation services allow companies with cost effective solutions to have financial statements prepared by professional without the high cost of review or audit of financial statements including the effective use of technology.GET IN TOUCH
Financial statements preparation
A financial statements are the picture of a company’s financial health for a given period of time. The statements provide a collection of data about a company’s financial performance, its current conditions and its cash flows.
Most of the commonly used financial statements include:
- Balance sheet
- Income statement
- Statement of cash flows
- Statement of changes in equity
- Notes to the financial statements
The most important aspect in the preparation of financial statements is to keep a focus on the intended use as well as need of the user of the financial statements which is the core reason that financial statement preparation is the most important step in accounting because it represents the purpose of financial accounting. Accurate, timely and understandable financial statements are necessary to measure the performance and to assess the strength of financial position of any business. Financial statements are the foundation upon which you make important business decisions and we have the capacity to save that tie and accurately deliver to you the understandable financial statements.GET IN TOUCH
Financial profiling services
Financial profiling is the latest tool for measuring the risk appetite of an investor or it could be fairly said that a financial profile can give a bird’s eye view of a person’s capacity to tolerate financial risk over an investment.
The key usage of a financial profile is when applying for a business loan facility, inviting investment proposals from the keen investors or simply when an investor plans to diversify into different business or investment profile.
Financial profiling is an extension to the scope of financial statements which further elaborates in detail the performance of the individual as well as the commercial performance of a business including detail study of every aspect taking into account of the assets, liability and equity structure.
Risk is unavoidable however with proper profiling it can be reduced to an acceptable level with predefined targets and financial management. In order to determine the acceptable level for every individual or a corporate customer our financial profiling services are available.GET IN TOUCH
Finance department outsource services
Being comprehensively experienced in the finance department outsource service our team is capable of providing in-house team as well as outsource services to our clients to completely manage the finance department on the cloud with real time reporting on agreed terms.
The outsource services are most suitable for small and medium scale business as they cannot afford the expensive resources to process the transactions and manage the financial statements.
The outsource services is equally beneficial for international clients as the outsourced department can effectively manage as well as provide a watch dog services over the operations of the company. Further, the reporting as per international standards would be an added advantage and cost effective.