Accounting

Transparency, timeliness, and accuracy are considered essential attributes in financial reporting. Financial Accounting & Reporting Services help organizations meet financial reporting requirements, including the preparation of financial statements and regulatory filings, and the application and implementation of complex accounting standards. Audaccon has the breadth and depth of knowledge and technical expertise to do so.

Services

Nowadays, practicing auditing leads us to elaborate the company of the future.
Our work is not limited to simple arithmetic combinations.
Our mission is to acquire a global understanding of the client business, its strategy, its structure, its fiscal and administrative constraints.

Accounting

Transparency, timeliness, and accuracy are considered essential attributes in financial reporting. Financial Accounting & Reporting Services help organizations meet financial reporting requirements, including the preparation of financial statements and regulatory filings, and the application and implementation of complex accounting standards. Audaccon has the breadth and depth of knowledge and technical expertise to do so.

Performing the bookkeeping of companies by maintaining up to date accounts on behalf of our clients. Our accounting team deals with the daily recording of transactions and performs monthly bank reconciliations for our clients. A tailored chart of accounts is created on our software for each client and a regular follow up with clients and suppliers is undertaken. Outsourcing the accounting function of your company cuts down on the cost of hiring a permanent accountant.

Cost accounting control

It is the practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable.

Then, if necessary, they can look for ways to cut costs through methods such as cutting back, moving to a less expensive plan or changing service providers.

The cost-control process seeks to manage expenses ranging from phone, internet and utility bills to employee payroll and outside professional services.

Internal control implementing systems and procedures

The Internal Control System (ICS) is one of the key management instruments at an organization’s disposal. While many companies have had an ICS in place for many years, recently the various stakeholders have come to expect much more when it comes to internal controls and the way they are monitored.

Internal controls procedures ensure the continued reliability of accounting systems. Accuracy and reliability are paramount in the accounting world. Without accurate accounting records, managers cannot make fully informed financial decisions, and financial reports can contain errors.

Implementing information systems.

Implementing any new business information system or updating a current system is a drain on a company's most valuable resources…time and people, to name a few. If you are in the planning stages, or even in the middle, of enhancing your Lean Manufacturing environment by addressing your information system’s needs.
Identify unique business requirements, before they become "fatal flaws"

  • Validate the selection of the candidate software solution against key business objectives
  • Tie specific implementation project goals to operational business objectives
  • Reduce, or at least understand, risks
  • Work within company culture and set operating ground rules for the project team
  • Follow a well thought out project plan, but always have a contingency plan
  • Keep to the training plan, but plan more training

Information technology

It refers to anything related to computing technology, such as networking, hardware, software, the Internet, or the people that work with these technologies. Many companies now have IT departments for managing the computers, networks, and other technical areas of their businesses.
IT jobs include computer programming, network administration, computer engineering, Web development, technical support, and many other related occupations. Since we live in the "information age," information technology has become a part of our everyday lives. That means the term "IT," already highly overused, is here to stay.