Accounting Services

How RSNA can help

RSNA's Accounting Advisory professionals work with our firms' clients to help them achieve compliance, advising on how they might organize their financial reporting processes and helping ensure that accounting operations match the objectives of the business.

Our Accounting Advisory Services practice works with our firms’ clients on a range of important matters possessing significant accounting ramifications, including:

  • Converting to International Financial Reporting Standards (IFRS)
  • Initial public offerings
  • Improving the speed and quality of financial reporting (Quality Close)
  • Improvements in the financial reporting process chain
  • Merger and acquisition activity

When extraordinary circumstances create a need for temporary assistance, e.g. during M&A activity or restructuring, we are able to co-source scarce accounting and financial reporting resources.

Performance & regulatory compliance

We can help client organizations deal with the accounting considerations involved in new regulatory compliance initiatives, including new accounting standards or regulatory pronouncements. We can also assist clients in fulfilling capital market expectations of reliable, transparent and detailed financial information. We advise on improving systems and processes to create an appropriate balance between performance, risk and control while delivering accurate and timely information to significant stakeholders.

We provide training strategies to corporates on a wide range of accounting topics like IFRS, US GAAP and Indian GAAP. Such training is also augmented by workshops where we focus on specific company issues and implementation challenges. Our training platforms use contemporary methodologies like Classroom, eLearning and web-based platforms depending on the client's needs.

We assist companies with the preparation of financial statements under the necessary reporting environment (eg IFRS, US GAAP). Such a service is especially useful for groups with several domestic or international subsidiaries. Such groups find it efficient to prepare standalone and consolidated financial statements using common accounting policies and leading practice disclosures with the help of one service provider.

We aim to deliver a consistent, cost-effective service. This service is backed by the resources of: Teams of financial reporting professionals worldwide, with in-depth sector knowledge and business advisory skills

We are the trusted accounting advisers to the boards and executives of some of the MNCs and other leading organizations. RSNA associate firms operate in developed markets and they also have a dynamic presence in the key emerging economies of the world.

Taking into consideration the volatile dynamics of our global economic system, it has become a precondition for every business to consolidate their non-core financial services to ascertain a competitive edge. Today, CFOs and CPAs across the globe seek out accounting outsourcing firms that can assist them in reducing the company's operating costs, increasing profits and establishing benchmarks for superior governance and conformity to regulations. That is exactly why the majority of them outsource accounting services to a third party company. We, at RSNA, fully grasp this compelling requirement of businesses and provide an extensive range of accounting back office services at competitive costs.

RSNA's finance and accounting outsourcing services are outlined to support the client by setting up compliance and controls, equalizing expenditure and growth, cutting down the cash cycle and increasing the ROI. Size doesn't make a difference for us & every client is equally important for us. We seek to serve you in the most efficient manner.

BOOKKEEPING SERVICES

  • Setting Up Chart of Accounts
  • Billing for goods sold or services
  • Recording receipts from customers
  • Verifying and recording invoices from suppliers
  • Paying suppliers
  • Processing employees pay and the related governmental reports
  • Recording depreciation and other adjusting entries
  • Entering Bank Details
  • Allocating the account entries
  • Value-added bookkeeping
  • Month-end or year-end closing

Keeping your accounting records up-to-date often is a time-intensive and an expensive practice for almost any business, rendering little apparent added value. Have you been facing problems understanding where your money is going? Do you happen to be putting in hours of your precious time handling the books? Let our team at RSNA help save your time, effort and money, while also minimizing your financial pressure by means of our outsourced bookkeeping services. We at RSNA have invested in the state-of-the-art technologies to provide you seamless bookkeeping outsourcing services. The advantage to you involves lowering of administration expenses, reassignment of workforce to concentrate on your primary business pursuits and the certainty that your accounting data is going to be up-to-date and correct.

Every client's requirements are unique, so we take great pride in ourselves on having the ability to offer personalized bookkeeping services that are designed particularly to suit the preferences of every client. Our clients are allocated their very own dedicated virtual bookkeeper to handle and manage their accounting tasks, making sure that all the transactions are documented properly. We reconcile bank accounts on an on-going basis to ensure that the financial data we provide could be relied upon. We, as a leading bookkeeping company, can easily work with your accounting team to set up your financial management software, or help you to bring about improvements in the pre-existing software.

Our team has the versatility and expertise to proactively contribute to your company, regardless of whether you are a small-scale and mid-sized business, CPA or perhaps CFO.Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis.

Our firm provides a full range of cost effective accounting services including the following:

  • General ledger & financial statement preparation
  • Bookkeeping (Monthly/Quarterly/Annual)
  • Accounting system setup for new businesses
  • Computerized payroll services
  • Business tax return preparation (Sales & Use/Business Property)
  • Personal financial statements
  • Reviews & Compilations

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on two levels of assurance:

  • Review - some analytical procedures conducted with limited assurance report
  • Compilation - based upon client information provided with no assurance report
  • Preparation - based upon client information with no assurance and no report
 
     
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