Account and Audit

 

Business leader looking at camera in working environment

Perhaps one of the areas which is most commonly overlooked and often neglected is the requirement to prepare accounting records and where applicable to audit the company’s accounts. In most cases even if a company is not required to pay tax under the prevailing laws there will normally be a requirement that the company prepares or maintains account which can clearly demonstrate the company’s financial position. Not to do so not only may amount to non-compliance but also compromise the company’s standing. From our experience accounting work is rarely expensive and through our associate company Accounting4Asia Ltd. accounting services can be provided to your company.

Accounting4Asia Ltd. was established in order to provide accounting and invoicing services to the existing and new offshore companies under the administration of Offshore4Asia. Prior to the establishment of Accounting4Asia, all accounting works for these companies were outsourced to external accountants. Accounting4Asia is jointly owned by Law & Commerce Trust Limited and a chartered accountant, Mr. Khalid Nasar. Khalid currently is a partner in an accounting firm based in Penang. Clients can now expect more focussed and centralised accounting services, something which is rare to find from outsourced providers. Through our associate audit firm, Salihin & Associate, audit services can be provided to all offshore companies.

Accounting4Asia Ltd. we can offer weekly, bi-weekly, monthly or yearly accounting regular reporting services. Our accounting services covers all aspects of accounting and bookkeeping, including: –

  • Entry of transactions
  • General Ledger
  • Assets /Equipment Ledgers
  • Expenses Ledger
  • Accounts Receivables
  • Accounts Payables
  • Ageing Report & Summaries
  • Bank Reconciliation
  • Financial Statements Preparation
  • Trial Balance
  • Income Statement (Profit & Loss)
  • Balance-sheet
  • Cash Flow Statement
  • Periodic/Annual Reports.

Accounting4Asia is familiar with most industry standard software applications, and if required, we can work with other applications also. With our knowledge and experience in Bookkeeping and Accounting procedures we provide our service for all your Bookkeeping and Accounting needs, whether Computerised or Manual.

Accounting4Asia works with a few well established audit firms through which speedy and cost effective auditing may be performed.