• Accounting and Financial Reporting

Accounting and Financial Reporting

Your ideal partner for outsourcing your accounting, financial reporting and treasury activities

As your trusted business process outsourcing partner, we will ensure that all your accounting transactions are executed and managed in a prompt and professional manner.

Outsourcing your administrative and process-driven activities is an effective way to increase your managerial efficiency. As your trusted business partner, BDO has more than 30 years’ experience in serving international and local corporations. Our accounting and finance professionals possess cross-disciplinary knowledge in addition to their strong accounting capabilities.

Accounting and financial reporting

Proper management of day-to-day finance operations can be tedious, but it is essential for the success of a business. Working with us will put your mind at ease, because all those functions will be handled discreetly by our capable and reliable team of accounting professionals.

Furthermore, your management and executive teams need access to prompt, timely, reliable and useful financial information on which to base important decisions concerning the management of the business and planning for its future. We will ensure they receive it.

We will help you gain peace of mind by handling all your repetitive and tedious daily accounting functions, leaving you and your team free to focus on more important strategic roles and decisions.

We are committed to helping you keep abreast of your financial performance, meeting your financial reporting requirements and deadlines, and – most importantly – complying with the latest accounting standards and regulations.

Our services include:

  • Maintenance of accounting books and records
  • Preparation of periodic and annual management accounts
  • Preparation of specific financial reports and packages
  • Accounting reviews and consultancy services
  • Profit projections and cash flow forecasts
  • Preparation of statutory financial statements

We endeavour to provide all our clients with accurate and timely financial information. To this end, we have put in place and adhere to a well-managed set of business processes. Moreover, our accounting services are supported by systems that have advanced features, including multicurrency, unlimited financial year, user-defined reporting and data-exporting capabilities. We are therefore in a position to tailor financial reports to your specific needs and deliver them in the format you prefer.

Treasury

Besides assisting our clients with their accounting processes, we also help them manage their treasury functions. Depending on the extensiveness of clients’ need, we could assist them in day-to-day payment preparation work and/or act as a reliable and independent person who executes and oversees their bank accounts, which include managing their cash and signing urgent cheques, either as when needed, or as a back-up arrangement in the absence of the local management.

Our treasury services can be customised to suit your particular requirements. They include:

  • Acting as authorised signatories for your bank accounts
  • Handling disbursements and receipts of funds
  • Updating bank records and reconciliation with bank statements
  • Preparing bank movement reports
  • Liaison with banks