Bookkeeping
Setting up the chart of accounts
Recording payments and funds received
Preparation of monthly bank reconciliation statements
Recording sales and trade debtors
Recording purchase and trade creditors
Recording prepayments and accruals
Recording assets purchased and related depreciation
Recording sales and services tax on the taxable purchases/supplies
Extraction of monthly trial balances and general ledger
Management Reporting
Compiling profit and loss accounts and balance sheets
Generating aged financial analysis of debtors and creditors
Preparation of weekly/monthly management accounts
Preparation of annual financial statements
Business advisory services such as accounting reports and preparation of business plans, cashflow and profit projections
Budget preparation and comparison and analysis of key components of financial performance
Statutory Accounting
Preparation of financial statements
Preparation of consolidated financial statements which includes the consolidated cash flow statement, consolidated statement of changes in equity and notes to the financial statements in compliance with the Financial Reporting Standards (FRS)
Review and computation of tax and deferred tax provisions for inclusion into financial statements
Re-measuring accounts to functional currency
Completing consolidation and head office reporting packages
Setting up and managing corporate bank accounts
Setting up and effecting relevant payments or deposits
Cheque signatory services