Implementation of Financial Accounting System and Accrual based Double Entry Bookkeeping System.
The work encompasses:
The System Study and Documentation of the Process.
Preparation of Chart of Accounts after identification and mapping of various processes and anticipated future activities of the entity.
Identification of the Road Map for migration from present system to accrual based double entry book keeping system.
Migration to Accrual Based Double Entry Book Keeping System Compilation of information, Documentation and its Accounting.
Computerization of the accounting process.
Validation of the Data Entry Accounting.
Preparation of the Accounting & Training Manual.
Awareness and Implementation Training to the Accounts Department and All directly or indirectly effected staff of the organization.
Assisting the Management in Presentation of the Final Accounts Format / Graphs / Notes/ Disclosures.
Advising the Management and assisting them in selection of compatible and right Information Technology System and Architect.
Up keeping and maintenance of Accounts of Financial Transactions, its Reconciliation, Reporting and Analysis with the Budgets and Reporting on its variances Grant / Debt utilization Auditing, Verification and Certification.
Conducting procurement review and other procedure adopted in procuring goods, works and services of the projects funded either by Foreign Governments / State Government / Central Government / International Funding Agencies.
Management Audits of Business Entities to find out the cause and effect on profitability of organization.
Exposure to investigation reports and due diligence reports on the activities of the management of business associates.
Consulting, liaisionning and obtaining state and central government incentives and grants for industries and projects.
SOX Testing & Its Compliances.
Scrutiny and Investigation of Financial Transactions.