This involves recording, analysing, and summarising the financial transactions of your business. The accounting service results in a build up of data base:
- To review the existing system of accounting, expenditure and financial reporting.
- Facilitates the preparation of periodic and annual accounts.
- Enables government to determine the cost benefit analysis of public sector projects during the period covered.
- Shows the amount so far invested in the projects and how the funds have been utilised.
- Provides the basis for financial planning – forecasting, cash budgeting, e.t.c.
- Inspires confidence in the public service.
This service is suitable where neither an extensive accounting system exists nor is the employment of qualified accounting personnel cost-effective.
It is noteworthy that our professional work is conducted in strict accordance with International Financial Reporting Standards (IFRS).