Accounting and Finance Outsourcing

Regardless of size and nature of operations, businesses are continually faced with cost efficiency challenge. The need to remain profitable, even in the face of rising costs, is a real obstacle for most business: we believe yours is not an exception. Government Agencies and Local Authorities are continually challenged by value for public money. Small and medium sized firms are hard hit in terms of the capacity to push down operating costs compared to larger firms. In fact, to many small ventures outsourcing still remain a concept
and belong to the future.

In PA consulting, we have developed a fit-for-purpose outsourcing model to meet the need of small, new and government businesses. Our focus is to partner with clients to reduce costs, manage risk and enhance your service delivery edge in the dynamic and competitive environment.

How does it work?
We can provide back office full accounting services from issuance of invoices to reporting in the financial statements. Our team of professionals can assist in getting your accounting books ready for external auditing and regulatory reporting. The support is structured to suit different scale of business operations with time and money savings a necessary condition. Depending on your preferences, our Outsourcing team can assist with:

  • Establishing Finance and Accounting Function
  • Designing accounting system and related processes and procedures
  • Providing accounting/booking services under your supervision
  • Providing accounting/booking services under our supervision
  • Providing specific accounting related task e.g. bank reconciliation
  • Statements
  • Clearing up accounting records e.g. clearing bank reconciliation items.

Who can benefit

  • Small and Medium sized Enterprises
  • Government Departments and Agencies
  • Local Authorities and Councils

 

Internal Audit
We are aware of the fact that maintaining full internal audit department could bring cost pressure on your business, and not having internal audit function can equally be costlier. We are poised to take pressure off you by providing specialist skills in internal audit and risk manageme
nt. We can provide greater assurance over the operations of your business processes and controls. Essentially, we focus on safeguarding your business assets and improving your operational efficiency, invariably increasing stakeholders' value.

The basic principle underlying our internal audit service is to be as independent as possible to enable us deliver quality work. Our professionals can provide you assistance in the following areas:

•  Internal Audit Outsourcing/Co-outsourcing
•  Quality Assurance Review of Internal Audit Function
•  Process documentation and re-engineering
•  Establishing Internal Function
•  Sarbanes Oxley Compliance Review

   
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