ACCOUNTING AND AUDITING SERVICES IN MIRAMORE CONSULTING
We offer the best accounting and auditing services to our clients. Our Chartered Accountants and Auditors pay attention to the challenges that the customer is having and then develop specialized solutions to take care of them so that the client can conduct business without any problems.
We render the below services as part of the accounting and audit package depending on the needs of the client:
BOOKKEEPING
Bookkeeping helps businesses to keep sound and accurate financial transactions in the accounting records (the ‘books’) of the entity. Having a proper bookkeeping culture helps businesses to record transactions as and when they occur.
RECONCILIATION
Account reconciliation is the process of comparing the company’s financial records internally or externally.
*The company need to reconcile its financial records internally by comparing, for instance, stock records with the physical stock at its warehouse or store, checking its physical cash balance with what the records say, verifying whether expenses incurred or paid in accordance with approved policies and procedures.
*Externally, the company needs to compare its bank accounts with the bank statements, its creditors and debtors’ records with the creditors and debtors periodically.
PAYROLL SERVICES
The processing and payment of your employees’ salaries will be directly our duty in terms of pay administration. However, in order for us to carry out the payment to the employees, your company shall be in charge of the internal maintenance of attendance records for days’ work and allowances (if any) owing to your employees.
Your employer will set the deadline for obtaining the attendance records needed to execute payroll. To process the salaries and send payments to your employees through the bank, we need at least 5 days.
Services we provide include:
*Getting a list of new recruits as well as exits from the company.
AUDITING SERVICES
Analyzing a company’s financial performance and position requires a thorough understanding of its financial statements. In order to make an informed business decision, the financial statements allow directors, management, shareholders, and other stakeholders the chance to evaluate the company’s performance.
Financial statements need to be prepared in accordance with International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs) applicable to the company or the industry in which the company operates. Doing this helps other interested parties to analyze and assess the performance of the company without any difficulties.
Why Choose Miramore Consulting
1. Our audit partners ensure that the audit is conducted in line with best practices.
2. We lookout for the risks your company faces now and is likely to face in the future and advise accordingly.
3. We don’t only provide you with the audited financial statements at the end of the assignment.
4. We also provide our clients with management reports which capture the internal control deficiencies as well as the critical gaps in the business.