With top-tiered accounting firms growing offshore teams, combined with staff shortages in employing local experienced staff, small to medium accounting practices are exploring outsourcing to ensure their future growth and survival.
The historical fear of employing and retaining offshore staff is a ‘real concern’ unless you implement the best infrastructure combined with proven methods of success.
Our unique offering is through the placement of full-time staff with our clients, allowing your dedicated offshore staff member to grow and develop as a part of your business.
This is combined with the additional cost savings of:
We are aware that security is paramount when dealing with client data and it’s important to have peace of mind when considering offshoring.
With this in mind, we have implemented an extensive risk management and data protection policy.
Handling / preparation of GST, BAS, IAS and PAYG Payment Summaries. Filing of ATO documents. Complying with Australian federal, state and local legal requirements.
Maintenance and balancing of general ledger accounts, trial balances and reconciling entries.
Monitor and record Foreign Exchange transactions and currency activities. Process bank account reconciliations. Facilitate transactions in various currencies among customers and suppliers.
Preparation of financial reports by collecting, analyzing, and summarizing account information and trends. Prepare Budget reports and financial reports for clients/directors/owners.
Calculate amortization / recording capital assets, setting up client accounting systems, Filing of ATO and other documentation and client follow-ups.
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