Accounting Services

Our team of qualified professionals with numerous years of experience in various accounting, analytical, business administrative and reporting standards, are well-equipped with the necessary knowledge.

 

We provide pertinent accounting services such as:

  • Accounting and Bookkeeping

Under sections 199(2A) and 199(1) of the Act, directors of the companies are required to maintain a system of internal accounting controls and keep proper accounting and other records that will enable the preparation of true and fair financial statements

Aside from the obligations, keeping good records is an essential part of running a successful business. Good keeping records provide directors an accurate financial information which will help them in making decision for the company. And this means better decision making can be made and improvements in cash flow and profitability can be made if necessary.

  • Preparation of Group Consolidation & Compilation/Unaudited Financial Statements

What is statutory accounts and why is it important?


Statutory accounts are normally known as financial statements, it allowed shareholders to see how company is performing and provide directors an accurate picture of company's business.

 

Under sections 201(2) and 201(5) of the Companies Act (the "Act"), directors are responsible to present and lay before the company, at its annual general meeting, financial statements that comply with Accounting Standards issued by the Accounting Standards Council; and give a true and fair view of the financial position and performance of the company.

Since 2007, insolvent exempt private limited companies and all private limited companies unless exempted are required to file their financial statements in XBRL format with annual return.

Every business has a legal obligation to keep records of their transactions. There is no set format that must be adhered to but at the very least records of all sales, expenses and purchases should be kept.

  • Payroll & Payment Processing

Payroll can be a real challenge for every size of business, from independent contractors right up to medium and large-sized businesses. Just because you only have a few employees doesn’t mean that you’ll find payroll simple.

Staying up to date with ever-changing payroll legislation can be a real challenge, but you don’t have to deal with it all yourself. When you choose to outsource your payroll to us, you can rest assured that your payroll is in safe hands.

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