At Swaran Consulting, where Tax and Accounting is simplified, we seek to understand your business first before we undertake to offer you our services. Each business, big or small, depending on whether it is a start up or a well established business, needs different business advisory services such as compilation of financial statements, preparation of business plans, financial reporting on cash flows and cash projections, review of internal control processes, finance and accounting improvements, implementation of accounting and bookkeeping software and assistance with complex accounting issues etc. We are well experienced with the services referenced above and can offer you our professional services with integrity and value you come to expect only from professionals.
Starting a New Business
We let you focus on your business as it needs most of your time in the initial phases. You can leave your start up challenges to us. We can advice you on the best business structure most suitable to you based on your personal set of circumstances. Also, we advise you on the best way to transition from a sole proprietorship to a new corporation as you continue to expand and grow. We can help you set up your website, establish accounting and even advise you with your marketing and advertising plans.
Business Incorporations and Licenses
After you have decided upon a suitable business structure, we can get you started with the legal formalities. We will register and obtain appropriate business numbers and licenses for you, we will help you with your Articles of Association and Memorandum of Association if you Incorporate your businessthrough us. Our experts will liaise and deal with any federal or provincial ministry on your behalf to help you get started with your business.
Preparation of New Business Plans
Your idea to do a new business or even add a new line of business or grow an existing business needs the required capital. We help you write your business plan which is presentable, reflects realistic business growth and is acceptable to the major banks against their lending criteria. If your business idea has potentials in it we will help the banks see it through our business plan. We are goal focused and results oriented.
Preparation of Financial Statements
Financial Statements summarise business activities and transactions over a period of time and it requires an accounting expert to produce a quality set of financial statements. Our Accounting experts can help prepare financial statements for a public or private corporation, funds, trusts and other organisations. We can also help you prepare special purpose financial statements to meet your reporting obligations to various stake holders. Similarly, not all organisations are required to have their financial statements audited and in these situations a limited review of financial statement can serve and/or meet your business requirements. Please give us a call if you need any of the compilation services.
Computerised Bookkeeping and Accounting
We can offer you the best available bookkeeping and accounting services at an affordable cost which will meet your current and future book keeping needs. We use Quickbooks Enterprise version to help you with your accounting needs. Our experts can come to your premises at pre-established time to do your accounting or you can leave the paperwork to our office and we will take care of it. You do not have to bear the cost of an employee when you can get the best accounting services through our accounting experts. We will also offer our senior accounting consultants’ free advice on a monthly basis. This would help you in focusing your business needs while leaving the accounting worries to us.
Implementation of Accounting Software
We offer critical functional consultancy with respect to implementation of Oracle Financials or any other large accounting software. We can also help you design future oriented chart of account for your general ledger keeping in view your receivable and payable sub ledger systems. We can review your already configured accounting system and suggest improvements to bring about efficiency and/or identify any operational gaps. We also help you conceptualise accounting designs to meet your business requirements and unique processes.
Finance and Accounting Process Improvements
Our Experts can review your end to end Finance and Accounting department business processes and suggest improvements which will not only cut down your moth end accounting cycle significantly but also bring about efficiencies. We can also undertake review of business operational processes which directly or indirectly impact finance and accounting processes to suggest improvements and identify cost saving opportunities.
Financial Planning, Preparation of Budgets, Cash Flow Projections & Forecasting
We can compliment your established accounting function by providing additional services such as preparation of weekly, monthly or yearly budgets. We can also help you with your cash flow projections based on your current level of activity along with anticipated future growth. You can rely on us to look beyond numbers.
Internal Controls Consulting
All businesses face risks. Success or failure of a business is not dependent on how many or how big risks it is facing but how well it manages its risks. Also, not all risks need to be managed with the same priority as there needs to be a balanced approach to the risk management process. We can help you design a well thought-out internal control process around your business operations, finance and accounting functions which will avoid an over-kill and overlapping of control activities.
If you have been growing and always felt that introducing strong internal controls will help you control your business activities more efficiently and on a timely basis or you have a successful business and want an independent expert to take a look at your internal controls to see if there are any gaps which lead to revenue leakage, please feel free to give us a call and we will be happy to extend our expertise in this area.