Accounting Services

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Accounting can be defined as the process of collecting, recording, classifying, summarizing and interpreting the financial data of an organization. It also includes communicating the financial result of a company to various stake holders.

Finance Accounting is a vast field and also includes the following:

• Auditing Services
• Trend analysis
• Cost allocation

There are a number of accounting and financial services being offered by professional accounting firms. These firms have the requisite knowledge, experience and skills to provide cost efficient, accurate and timely services to clients. Most Finance accounting services are being outsourced for better management of time and manpower.

Outsourced Accounting Services
Below are some of the accounting services that are being outsourced to professional firms by medium and large scale companies:

Accounting System Design Accounts Payable Accounts Receivable Asset Accounting Management Bank Statement Reconciliation Budgeting Cash Application Cash Disbursement Cash Flow Statement Credit and Collection Depreciation & Amortization Schedules

Financial Accounting Service Financial Analysis Financial Reporting General Accounting Service General Ledgers MIS Reports Payroll Ratio Analysis Records Management Sales Tax Tax Return Preparation

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