In today’s rapidly changing business world, effective day-to-day administration is a vital element in a business’ success. Good management requires accurate and timely information to formulate business decisions.
There are also increasingly complex rules and regulations governing record keeping and the preparation of complete and accurate accounts and/or financial reports.
How Albataksa can help you?
Albataksa can alleviate these time consuming and costly burdens by providing you with cost effective solutions to help your business keep up-to-date, and comply with the changing regulations in accounting, compliance and reporting functions.
Our team of qualified professionals can advise and assist with:
Maintaining accounting records including cash books, general ledgers, fixed asset registers and accounts receivable and payable sub-ledgers
Preparing periodic management accounts, cash flow statements and budgets for management purposes
Preparing annual statutory financial statements
Attending to the company’s auditors during review of the company’s financial records
Acting as authorized signatory on company bank accounts, reviewing expense claims, processing payments and day-to-day disbursements on receipt of instructions and preparing cash reports
Implementation of an accounting system including setting up a chart of accounts appropriate to your reporting requirements
Drafting accounting policies and procedures for your own accounting department
Seconding qualified professional accountants and managers to your company on a temporary or part-time basis to undertake administrative and accounting functions or reviews.
Conducting a review of the entries made by your own accountants to ensure appropriateness and accuracy, and to provide additional training to them.