Accounting Outsourcing

We provide services for full maintenance of accounting records, from entry of source documents to filing of reports with the state authorities. Our services include:

– organizing business processes related to document flow and communications, processes are tailored to particular customer’s needs;

-work with source documents: control over their accuracy, source documents processing and entering into the accounting software;

– payroll calculation;

– HR accounting and maintenance of military records;

– accounting close, tax calculation, preparation and filing of reporting with the state authorities;

– obtaining keys in the state authorities, communications with the state authorities;

– control over accounting close.

– payroll calculation

– preparation of payroll reporting

– filing of payroll reporting

– control over closing payroll periods

– payroll calculation and filing of payroll reporting (at client’s discretion);

– control over conducted operations in the accounting records

– untypical operations (leasing, factoring, etc.)

– month-end close

– taxes calculation

– preparing and filing of reporting with state authorities

– preparation of accounting statements (balance sheet, profit and loss statement, capital statement, cash flow statement)

– communications with state authorities

– organization of business processes in the accounting

– employment/dismissal of employees, leave orders

– drawing up agreements, labor contracts

– drawing up a schedule of positions and salaries, timesheet

– drawing up employment position instructions

– drawing up regulations on commercial secret

– building up a portrait of required employee;

– drawing up a list of requirements for an employee;

– composing key questions that answer the description of a potential employee;

– searching for potential job candidates;

– interviewing job candidates (three stages)

– assisting an employee in familiarizing himself/herself with his/her new job

– drawing up financial statements models for a Client

– preparation of financial statements

– presentation of financial statements

– drawing up financial plans, budgeting, financial and economic analysis

– preparation of financial statements under US GAAP, IFRS

– control over receivables

– monitoring of financial flows

– current business processes analysis

– detection of bottlenecks in current business processes

– developing mechanisms for business processes optimization

– implementation of the developed mechanisms

– results monitoring

– analyzing the current state of accounting

– selecting appropriate types of automation

– implementing the selected type of automation

– results monitoring

– Set up period during which bottlenecks are detected

– systematization of information obtained during Set up period

– risks identification

– allocation of responsibilities and parts to be reconstructed

– reconstruction of accounting records (necessary parts)

We provide full support and assistance on a turnkey basis, from drafting a business plan (its financial and economic part or a complete plan) to submitting application documents, including consultations upon becoming a resident.