Financial Accounting and Assurance Services (FAAS)

A good accounting department ensures cash flow management, updates the accounting status accurately and timely and provides reliability to the business owners and management to focus on commerce and business development.  A poor accounting can stifle businesses and lead to disruption and losses. You need to keep a close eye on financial accounting, book keeping and cash flow.  Our FAAS comprises a multidisciplinary team of accounting, tax, and IT professionals with deep, sector-specific experience in managing the implementation of accounting changes, ranging from a single accounting standard to the full project planning and global implementation of IFRS. We help CFOs, audit committees, treasurers, and other top financial executives understand the pending changes and assess the impact on their companies. Our Financial Accounting Advisory Services (FAAS) practice provides assistance on accurate and comprehensive books of accounts, support business decision making by providing MIS, dash boards and updates. Our services in FAAS covers 
1.    Accounting for first time adoption of IFRS
2.    Accounting and book keeping outsourcing and co-sourcing
3.    Payroll management and outsourcing
4.    Budgeting, forecasting and MIS reporting
 
Pillars of our Service
1.    Expert and qualified Chartered Accountants, trained team
2.    Cloud based software support for world class accounting
3.    Meet regulatory and governance requirements
4.    MIS support for bank financing and working capital management

Methodology – “FACP
We have a proprietary Financial Accounting Closing Program, FACP, methodology which covers:
1.    Standard accounting programs for key industries
2.    Completeness and accuracy test guide
3.    Maker and Checker control to achieve quality assurance
4.    Software based audit trails and controls to provide world class reporting