Under the accounting we offer different services.
- Book keeping and Accountancy
- Payroll Administration
- Accounts Review
- Training on Financial Accounting
Bookkeeping & Accountancy
Where we undertake the actual posting of entries in the accounting system either on client site or at our site in which case the client has to avail the necessary documentation to us. At the end of every month, we provide the client with specific reports necessary for management decision making. We also provide detailed management accounts with notes and explanations on monthly or quarterly basis as may be agreed.
This is where we undertake the management of client payroll by ensuring that payroll accounting is done timely and accurately to meet both the client needs and the regulatory compliance requirements. We also conduct specialized payroll reviews to ensure compliance to the Income Tax Act. We have various specialized local softwares which we use based to the specific client needs.
This is a key component of accountancy that adds value by supporting the client accounting staff by reviewing work done on a monthly basis and reporting to the management the extend of accuracy and reliability of the work. We also report on the non compliance if any to accounting standards and tax regulations. This is significant as it helps the client firm to regularize her accounting procedures and mitigate on problems and inconveniences the firm could be exposed to with government authorities by virtue of such non compliance. In all our assignments we issue detailed narrative reports on our findings and proposition on system enhancement to the client management.
Training on financial accounting
The key component is that Mcpherson Global Financial Consultants offers a wide variety of financial accounting and finance training courses to our clients so that they can gain the knowledge of financial management today. Some of the trainings offered are QuickBooks, tax, and others according to the client's specification and needs.