Overview
Our team of experts bring a wealth of technical and industry knowledge to the table and can help organizations transform their financial reporting functions. We also offer capacity building and training solutions to help executives at all levels stay on top of the latest accounting topics and issues. Plus, we offer workshops that are tailored to each client’s specific needs and challenges.
Our accounting advisory services are outlined below;
What we offer
Preparation of Management Accounts
Management accounting, or managerial accounting, is a specialized area that involves identifying, measuring, analyzing, interpreting, and communicating financial information to support organizational decision-making. Unlike financial accounting, which primarily focuses on external reporting, management accounting concentrates on internal users such as managers, executives, and operational teams.
As such, management accounting plays a vital role in business, providing essential information for effective financial decision-making within organizations. This branch of accounting focuses on generating and analyzing financial data, allowing managers to make informed decisions, allocate resources efficiently, and achieve strategic goals.
At BPS, Our Preparation of Management Accounts service is tailored to provide timely and accurate financial information for your business decision-making. We work closely with your team to produce comprehensive management accounts, offering insights into key financial metrics, performance indicators, and trends. This service empowers you to make informed strategic decisions and effectively manage your company’s financial health. please don’t hesitate to call us at (+234) 9052555545, today for the professional preparation of management accounts.
Preparation of Cash Flow Projections and Other Decision-Making Reports
A business can be profitable and still run into trouble due to cash flow issues. Our experts excel in preparing Cash Flow Projections and other decision-making reports that go beyond standard financial statements. These reports offer valuable insights into your cash position, helping you anticipate and navigate future financial challenges. At BPS, we customize our reports to address your specific needs, ensuring you have the information necessary for sound financial planning and decision-making.
Special Investigation
In instances where a deeper examination is required, Our Special Investigation service is designed to uncover and address specific financial concerns or irregularities. Whether it’s fraud prevention, due diligence, or internal control assessments, our skilled investigators conduct thorough examinations and provide actionable insights to safeguard your business interests.
Accounting System Design and Implementation
Our Accounting System Design and Implementation service focus on optimizing your financial processes. We work with you to design and implement efficient accounting systems tailored to your business requirements. This includes selecting appropriate software, defining workflows, and ensuring seamless integration, resulting in streamlined operations and enhanced accuracy. We ensure that your accounting books and record systems are fully set-up in line with IFRS and accounting policies. This will help them to track and know their business operations.
Keeping of Necessary Books of Account
Bookkeeping is the foundation of a company’s financial health. It involves recording transactions on a daily basis in accordance with applicable accounting standards and regulations. Proper bookkeeping allows companies to track all financial information to make key operating, investing, and financing decisions. It’s also crucial for external users, such as investors, financial institutions, and government agencies, who rely on accurate and reliable financial information to make informed decisions. Ultimately, accurate bookkeeping is essential for the economy to function properly. Proper bookkeeping gives companies a reliable measure of their performance.
We handle the day-to-day recording of financial transactions, ensuring that your books of account are accurate, up-to-date, and ready for audit or other financial assessments. We can assist in maintaining your bookkeeping. This may include, recording taxes, maintaining general ledger, collecting customer invoices, collecting employee expenses, maintaining supplier and vendor lists, bank statements, inventories, and book of accounts in line with Local and International Standards Recording of transactions for all balances in the financial statements.
Review of Financial Performances
Review of Financial Performances service encompasses the end-to-end process of financial reporting. From the preparation of accurate financial statements to a comprehensive review of financial performances, our goal is to provide a clear and transparent picture of your company’s financial health. We assist you in understanding key performance indicators and identifying areas for improvement.