Accounting Policies and Procedures services (P&P)

We offer accounting policies and procedures preparation and review services to help organizations establish strong financial controls and comply with accounting standards. Our services include:

• Developing new accounting policies and procedures manuals from scratch or reviewing and updating existing manuals. We ensure policies and procedures align with your organization's needs and applicable accounting standards.
• Documenting all key accounting processes such as revenue recognition, expense approval, journal entries, closing procedures, financial reporting, etc.
• Establishing policies for general ledger setup and chart of accounts design.
• Defining financial statement preparation and reporting policies.
• Developing policies for accounts receivable and accounts payable management.
• Establishing controls over cash management and bank reconciliations.
• Setting policies for fixed assets accounting and depreciation.
• Reviewing and updating policies periodically or as needed due to changes in your business or accounting standards.
• Providing training and support to help ensure smooth implementation of new or updated policies and procedures.
• Conducting periodic reviews and audits to ensure ongoing compliance.