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Designing Chart of Accounts

When you have a new entity or an old one or when tow entities are incorporated it must comply with regulations in respect of bookkeeping and reporting.

We offer a wide range of services designed to ensure compliance with national legislation in the company’s reporting process.

Assistance in designing and implementing accounting, payroll, basic reporting, and data flow, management accounting and financial control systems
Assistance in the development of documentation and policies required for compliance with local bookkeeping and tax legislation
Advice on development or adaption of a corporate chart of accounts, accounting policy, record-keeping and transaction settlement rules
Assistance in the development and implementation of models for multi-currency and multi-GAAP reporting
Advice on development and implementation of group consolidation models

Optimization of financial and accounting function

Changes in internal and external conditions and volumes often give rise to new problems and challenges for any company. We help our clients identify and implement the most advantageous solutions. We offer a wide range of services supporting the organization and operation of accounting and financial services, for example:

Assistance in the evaluation and benchmarking of existing financial and administrative functions
Solutions to specific accounting problems relating to the merger, reorganization, insolvency, and liquidation
Assistance in selecting and implementing accounting systems
Formulating and streamlining existing accounting and financial control procedures
Assistance in implementation of fast closing procedures
Assistance in implementation of on-site or offshore shared service centers across multiple locations and countries for financial accounting and reporting purposes
Assistance in updating business transaction recording processes, e.g., creation of rules for the preparation, circulation, and verification of accounting documents
Advice on ensuring the effective flow of financial information and documents
Business Consulting Services

Contact

  • +965 2247 9823
  • +965 2247 9824
  • [email protected]
  • Panasonic Tower, 23rd Floor, Fahad Al Salem Street, Qibla, Kuwait
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