Accounting is a vital function for any business, but it can also be a daunting and time-consuming task especially when there are years of backlog to clear, and deadlines to meet for audit and tax submission.
That was the situation faced by one of our clients.
They had been neglecting their accounting records for the past five years, due to a lack of resources and expertise. As a result, they had no idea about their financial performance, cash flow, profitability, tax liabilities, or compliance status.
They approached us for help, and we were happy to take on the challenge. We have a team of qualified and experienced accountants, who are well-versed in the latest accounting standards, software, and best practices.
We started by conducting a thorough assessment of the client’s accounting needs and devised a customized plan to address them.
We then assigned a dedicated account manager, who coordinated the entire project and communicated with the client regularly.
We also deployed our cloud-based accounting software, which enabled us to access, update, and share the client’s data securely and efficiently.
We worked diligently and systematically to complete the client’s accounting work for the past five years.
We reconciled their bank statements, invoices, receipts, and expenses.
We prepared their financial statements, such as income statement, balance sheet, and cash flow statement.
We also advised them on how to improve their financial management and performance.
We then liaised with our strategic partners to complete the audit and tax submission for the client. We provided them with all the necessary documents and information and facilitated the communication and coordination between them and the client. We ensured that the audit and tax processes were completed smoothly and accurately and that the client complied with all the relevant laws and regulations.
We delivered the final results to the client within the agreed timeframe. They were relieved to have cleared their accounting backlog, and to have a clear picture of their financial situation.
The client was satisfied with our work and the value we added to their business and expressed gratitude and appreciation.
We are proud to have helped our client overcome their accounting challenges and established a long-term relationship with them. We continue to provide them with ongoing accounting support and guidance and to help them achieve their business goals.