Companies face several challenges in dealing with the increasing complexity of accounting guidance. The increased complexity, coupled with stricter regulatory scrutiny and enforcement, has led to heightened sensitivity on the accounting practices of companies. Over the years, accounting standards have undergone substantial changes. The accounting standards may significantly affect number of a company’s day-to-day operations or even impact the reported profitability of the business itself.
Meeting your needs
OutsourcingWise’s advisory group can play an important role in supplementing your company’s finance function and provide advice to queries to generally accepted accounting principles in US (US/GAAP)and International Financial Reporting Standards (IFRS). Our seamless network of resources means that we have people across the globe to offer our expertise where you need it.
Our principal service offerings include:
- Accounting and Financial reporting advice under multiple reporting frameworks such as IFRS (including local variants in Singapore, EU, India and Canada), US GAAP, Indian GAAP
- GAAP conversion and reconciliations
- GAAP Training
Depending upon the engagement, our professionals provide financial statement reviews, and provide advisory and support to our clients. Our professionals draw on deep, industry specific experience, allowing us to focus in on the particular needs of your business. And with a service model characterized by a unique level of responsiveness, we make sure that you have access to the people best-suited to meet those needs.
How can we help?
- Our professionals always keep track of the ever-changing norms so that you have an updated version of accounting strategies every time.
- We keep a careful eye on the accounting standards which makes us experts in dealing with any accounting-related issue with utmost efficiency.
We understand that the accounting needs of your particular business might not be the same as many other companies out there in the market. Hence, we provide customized accounting solutions specially designed for your business.