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Financial Outsourcing

INTERNAL CONTROL

2020-04-29 09:57:03

By using our methodology and technologies, we can satisfy all the internal control needs of any organization, regardless of the field of activity.

Development and implementation of accounting procedures according to the client's needs and the specifics of the activity so as to streamline the way of working at the level of the financial-accounting department;

Preparation and implementation of the Accounting Policy Manual and Accounting Procedures for the avoidance of penalties​;

  • The existence of a set of rules that aims to establish the conditions under which certain operations that have an impact in the accounts shall be carried out;
  • Elaboration of a set (manual) of procedures for all the conducted operations, starting with the preparation of the supporting documents to the completion of the quarterly and annual financial statements.

Recovery of stolen/lost documents: provision of temporary accounting resources for the recovery of the lost or destroyed accounting and tax documents, assistance throughout the process of registering the missing documents, the preparation of archiving with the recovered documents.

Budgeting, Planning and Forecasting: definition of a budgeting model and tracking the follow-up steps that are necessary for performance analysis, definition of a reporting package containing recommendations in conformity with the Romanian legislative requirements, definition of a set of key indicators for regular monitoring of profitability, liquidity and  development of a system of indicators reporting and analysis: claims, debts, stocks and liquidity management.

Other internal control services: organization of the financial accounting department and the establishment of a role to each of its employees, organization of the flow of documents, preparation of working procedures, provision of assistance during the implementation of the working procedures and the establishment of each of the financial department’s employees role.

These services can be requested either separately or in a combination with various application software, so that you can enjoy a solution that is adapted to your individual needs.

Find out more about how you can reduce your costs and gain time for the activities that bring added value to your organization, transferring the responsibility for accounting and tax operations to an external company.

Request an offer