Financial Services
Financial Consultancy
Today Finance is getting more and more complex to deal with. However, we don’t wish our clients to take the headache of that. We therefore, using our expert team of accounting and technology experts are inspired to work with you and assist you with your finance and accounting matters, from simple bookkeeping and preparation of financial statements to understanding and implementation of complex innovative financial solutions for your organizations. We also provide consultation on financial process re-engineering, cost cutting, profit maximization, financial analysis, forecasts, budget formations, etc.
Cost Analysis
Costs are one of the most important areas a business should be vigilant about. Not having a strong grip on your expense can lead to great hardships for any business, which may convert its profits into losses. Without regard to the volume of revenue the business is generating, we have seen businesses being shut down because they didn’t keep a strong grip on their costs. Therefore, using our expert team we sit with you and help you figure out where your costs are increasing and the reasons for thereof. How the competitors are thriving when you are not, what are their competitive edges, and how you might be able to reduce your costs, identify and cut down on abnormal losses and have better control over your expenses.
Internal Audit Services
These are audits that are undertaken both voluntarily and involuntarily by the companies. The Board of Directors and senior management of the company rely on the reports of internal auditors to provide them the information if the processes as set forth by them are implemented accordingly and the related controls in the company are working effectively, while also providing them the information of the areas of risks, their recommendations and how the processes may be better improved.
Internal Auditors can also assist the companies to review any process before its implementation, to identify any potential area of financial risk, which may also include loopholes for fraud to occur, that the company might have overlooked.
Services we offer:
Accounting & Financial Management
- The study, review, design & implementation of Financial & Cost Accounting Information Systems according to the requirements of the clients.
- Development and Implementation of Internal Control & Documentation Procedures,
- Customization & Installation of Available Accounting Software & Users Training
- Supervision of Finance Department of Companies
- Monthly and Annual Financial Reporting, including the Preparation of Financial Statements, Cash Flows Statements, Notes to the Accounts
- Ratio Analysis (Profitability, Liquidity, Activity, Returns, Risk, etc.)
- Maintenance of records & data entry on behalf of clients
- Analysis of Financial Statements
- Payroll Preparation and Management
- Payroll Outsourcing
- Consultancy regarding decision-making about financing through lease, borrowing or other alternatives available.
Costing Systems:
- Process Costing
- Job-Order Costing
- Activity Based Costing
Analysis:
- Budgeting & Planning
- Variance Analysis
- Cost of Production Reports,
- Product Costs Analysis
- Cost Segregation and Allocation
- Cost, Profit, Volume Analysis
- Risk Analysis
Audit & Assurance
- Cost audit
- Books Audit
- Management audit
- Internal Audit
- Fixed Assets Verification
- Factual findings
- Agreed upon procedures
