Why outsource your finance department?

Finance outsourcing is a growing trend among middle market and high-growth companies, providing a cost-effective way for organizations to improve the finance and accounting function. The main benefits of outsourcing include reduced finance and accounting headcounts, enhanced system processes, and stronger compliance measures.

Outsourcing enables organizations to scale resources up and down as needed with no obligation to pay salaries or benefit costs. Additionally, it alleviates the burden of hiring, training and maintaining accounting staff.

With expert set up and support, we’ll take the time and hassle out of managing your books which leaves you the time to get on with your business. Our services include:

• Studying your current financial & accounting information and process
• Free business & financial consulting
• Build up chart of accounts
• Prepare opening balance
• Set up & install accounting software
• In-house accountant service (our firm will provide ongoing supervision of the accountant and deal with any finance related issues)

External Audit

Your business accounting and regulatory compliance is our key priority.

We deliver independent, high quality and efficient audit of financial statements. The quality of our audit is an assurance to stakeholders of the reliability of the financial information provided to them.

As a member of the Kampuchea Institute of Certified Public Accountant and Auditor (“KICPAA”), our external audit team is here to help your business stay compliant with the local accounting regulatory, including making sure that your financial statements comply with current accounting standards.

Accounting Review and Financial Analysis

You will no longer need to worry about monthly financial and accounting review.

You might be asking, “What can Accounting Review do for my business? An accounting review is an operation consisting of carefully verifying all the company’s accounting balances before preparing the financial statements and any additional financial reports. Our professional Accounting Advisors pair with your accountant closely by investigating significant journal entries, reviewing general ledger, Year-end Adjustments, resolving posting errors, preparing and presenting the financial statements to deliver insights and visibility about the financial for business owners and support them to track business performance more efficiently and effectively.

Why you need a good Internal Control?

If you don’t pay full attention to your performance, your business will not be running at its best. You could be at risk of corporate scandal. Internal controls are the keys to good corporate governance regardless of your company size.

What is Process Review?

Process Review help to assure that your business is running as per expectation. It appraises and monitors:

• Fraud and human error detection
• Systems, controls and processes
• Company’s structural functions
• Assessment and management of business risks

Process Reviews are only effective if they are carried out systematically, objectively and competently.

How A-Xcellent Consultancy Can Assist

Ensuring compliance with your internal controls can be time consuming and less effective, and hiring an in-house accountant for these matters can be costly as well. Why not outsource it to an affordable and reliable team of professionals?

At A-Xcellent Consultancy, we can design and customise a review scope to best suit your business needs. Some of the services include:

• Internal control consulting
• Corporate governance
• Anti- Fraud framework