The engagement
We assist businesses with accounting and recurring finance processes within an agreed scope. Operational support is distinct from CFO advice and from an independent audit.
Scope of work
- Bookkeeping and account reconciliations
- Month-end close and periodic financial reporting
- Payroll and statutory dues support where agreed
- GST and TDS records and filing coordination
- Accounts payable and receivable monitoring; accounting or ERP cleanup where confirmed
Engagement deliverables
Deliverables may include updated books, reconciliations, a close checklist and periodic reports. Management retains approval of payments, payroll, returns and business decisions.
How the work begins
- Describe the requirement. Identify the entity, proposed transaction or matter and any deadline.
- Review acceptance and scope. We assess the facts, competence, independence and other relevant professional requirements.
- Agree written terms. Confirm responsibilities, records, deliverables and the intended use of the work.
Common question
Does outsourcing accounting transfer management responsibility?
No. Records, approvals and responsibilities must be allocated expressly in the engagement terms.