Outsourcing
Our outsourcing solution aims to deliver high quality work within agreed time and cost. We are available when you need us the most. Through our arrangements with corresponding consultants, we can provide our outsourcing services all across Pakistan, UK, Gulf and Africa. Our services include:
Temporary staff
We provide accounting and audit staff for specific assignments or specific duration. Our staff are members of IFAC recognized accounting bodies. We usually agree the KPIs of assignment before our staff intervention so that the promises are delivered as per expectation. The staff services offered may be of any level from junior accountant to CFO. Our unique selling point is customer specific training we offer to staff before assigning – and it’s free.
We also provide services to close the books on quarterly/semi-annually/ annually basis to facilitate preparation of financial statements, we call it “audit ready”.
Payroll
Our payroll solution includes preparation of payroll, determination of government and related taxes and contributions on payroll (both employee and employers) and a preliminary estimation of actuarial liability on behalf of management (Such valuation is not a replacement of actuarial valuation required by International Accounting Standard 19).
Accounting for Asset management services company
We undertake work of accounting and other non-core managerial functions for asset management companies i.e., funds. We are authorised service providers in context of SECP Circular SCD/PRDD/Circular/803/2013 (Accounting for Cumulative Investment Schemes)
We also provide services to determine Net Asset Value of the funds / investment portfolios.
Business Process Outsourcing
We provide a very scalable model for BPO. We can undertake full finance department function or even simply bookkeeping. We leave the scalability of outsourcing to the judgement of our clients. Other areas of BPO are:
- Recruitment
- HR complaint hotline
- Anti-money laundering / AMLRO
- Internal Audit
- Fraud and corruption reporting hot line
Project Controlling
We have specific experience in high worth engineering projects. We can provide project controlling or project internal auditing services. Our services include assessing completeness of project budget breakdown by individual cost, assessment of overhead, actual expenditure, margin slippages, preparation of project risk register, maintenance of delay log, maintaining project books and support in negotiating liquidated damages.
Consolidation
We help management in preparation of consolidation and consolidated financial statements. We also help auditors in managing consolidation audits in line with ISA 600.
Management Reporting
We facilitate preparation of management reports in accordance with parent company reporting packages.
Financial statements preparation
We undertake preparation of yearend financial statements in accordance with International Financial Reporting Standards and also in accordance with special accounting frameworks.
Third party Quality Review
We undertake third party quality reviews for audit firms to comply with the requirements of International Standard of Quality Control – 1 as issued by IFAC.
Training for Accounting Software
We also provide trainings of accounting software’s. Our competencies lie in the following software’s:
- QuickBooks
- Sage
- XERO
- Oracle
- SAP
- Bimpos
- Peachtree
