OUR PROFESSIONAL SERVICES TOWARD YOUR SUCCESS
01 . Accounting Services
We offer accounting and financial reporting services to clientele on a range of processes and transactions, adhering to the international financial reporting standards and/or any other specific accounting standards required under the circumstances (e.g. tax accounting, locally accepted accounting standards etc.)
- Book-keeping
Management consulting and reporting
Statutory Reporting
- Sub-Section management
I. Book-keeping
Maintaining timely and accurate books of accounts is a prerequisite for the success of any business, as it plays a vital role in improving performance, optimising operations and costs, identifying trends and managing risks. It is also necessary in ensuring compliance to legal, regulatory and tax requirements. We leverage on our experience and deep industry insights to help our clients formulate and implement solutions to drive higher revenues, better efficiency and enhanced profitability.
The services we offer include the following:
Preparation and maintenance of payments, receipts and journal vouchers (includes verification of purchase invoices and preparation of sales invoices)
- Recording payments, receipts and journal entries through the accounting software
- Maintenance of the fixed assets register (including calculation and posting of depreciation)
- Preparation of bank and other balance sheet reconciliations
- Preparation and maintenance of schedules for prepayments, accruals, employee advances and end of service benefits among others
- Preparation of monthly / quarterly Trial Balance
- Monthly / quarterly reporting according to clients’ requirements
II. Management consulting and reporting
Our consulting services are designed to capture value across organisational boundaries and silos through supporting our customers’ critical business issues such as risk management, operations, strategy, analytics and corporate finance among others. Our unique competitive edge in consulting is based on the multi-industry expertise of our team and the holistic perspectives we bring to deliver the most pragmatic and optimal solutions.
- Design internal policy and procedure manuals
- Design internal control systems
- Prepare monthly management reports in line with the prescribed format, including Profit/Loss statement,Balance Sheet etc.
- Assist with the preparation and analysis of forecast/budget
- Management consulting
- Design and implementation of administrative financial and accounting structures
- Design and implementation of management and job organizational charts
- Design of job descriptions at all levels
III. Statutory Reporting
We can help you design and implement your statutory reporting solutions by supporting the data gathering, analysis and reporting requirements across your organisation’s departments.
The solutions we offer for our clients includes following services:
- Assist in closing entries for final trial balance, Balance Sheet and Profit/Loss Statement
- Assist in preparation of statutory financial statement in accordance with Accounting Standards (i.e. IFRS)
- Preparation of consolidation pack/schedules
- Preparation of required audit schedules
- Liaison with the external auditors (if requested) to facilitate the audit
IV. Sub-Section management
Our team’s functional expertise enables us to design and implement cost-effective and pragmatic solutions for managing clients’ sub-sections including accounts payable, receivable and fixed asset management.
- Design internal policy and procedure manuals
- Design internal control systems
- Manage the accounts receivable process, i.e. prepare and record customer invoices
- Debtors ageing and reconciliation
- Review and analysis of Fixed Asset Register (FAR)
- Physical Inspection and verification of fixed assets
- Reconciliation of FAR to the physical assets
- Tagging fixed assets
- Delivery of the updated FAR
- Design of job descriptions at all levels
- Preparation of payroll based on information received from HR
- Upload of approved payroll payments on your bank’s online portal (if the facility is provided)
- Preparation of pays slips and forward to the employees
- Maintenance of advances schedules if any
- Preparation of monthly End of Service Benefit (EOSB) amount for approval
- Assistance provided for preparation of final settlement
- Inventory Planning
- Replenishment Services
- Material Optimization (Daily, Weekly, Monthly)
- Physical inventory Verification
- Inventory Cost Accounting
02 . Tax Advisory Services
Our Tax Advisory professionals can deliver a comprehensive strategy and approach to meet your business needs and advance your business goals. From tax reporting to tax function transformation, we can help you leverage innovative ideas and technologies to develop your future tax function.
Helping you to reduce risks and improve integration of your tax compliance and accounting functions.
Our VAT professional team make it their business to know enough about yours so that they can anticipate opportunities and problems, and act quickly to deliver a solution, leaving you to get on with your business.
03 . Business Valuations
Business valuations play a key role in providing owners an estimate of the actual worth of an organisation, based on asset values, forecast profit values and/or market capitalisation. These valuations in turn can be used for establishing partner ownerships, negotiations in mergers and acquisitions or determining the sales value. Our expertise in financial modelling, forecasting, financial accounting and reporting underpin the Company’s strength in valuation consulting.
Valuation are vital when making strategic business decisions. Our valuations team can help you objectively assess financial and business opportunities and risks, as well as impairment-related issues.
Valuations are not just about numbers – there are financial, legal and technical aspects which need to be understood before arriving at a business valuation. Whether you need independent valuations due to new financial reporting standards, the sale of a business, for commercial or tax purposes, CavialReed’s Valuation Service team can help you objectively assess financial and business opportunities and associated risks.
Mergers, acquisitions, divestments and other transactions are a frequent and important part of your business in the current context.
CavialReeds provides value by clearly understanding our clients’ goals and priorities, evaluating opportunities, identifying key challenges and issues, and providing the support needed to deliver results.
We offer the following integrated advisory and support services to help buyers, sellers and investors quickly realize optimal value from their transactions.
• Evaluation of transactions
• Financial/Tax/Legal due diligence
• Preparation of confidential information offering memorandum, letter of intent
• Development of purchase/sales agreements
• Negotiation with buyers/sellers
• Planning of merger and execution
At virtually every stage of a business, owners face challenges and changes; Expansion into a new market; Integrating an acquisition; Restructuring; Selling part of the business; Adapting to a major new competitor and adjusting to new technologies.
The following services will enable you to latter prepare of such business challenges.
• Strategic planning
• Feasibility studies
• Business plans
• Financial projections
• Cost- benefit analyses and economic impact assessments
04 . Internal Audit – Risk Management and Compliance Services
An effective internal audit function is a vital component of any robust risk management framework, allowing Audit Committees and Boards to obtain independent assurance on the effectiveness and adequacy of an organisation’s internal controls. In addition to its risk-related functions, internal audit allows for a structured, disciplined approach in assessing the effectiveness of business processes and governance practices.
Our team can help you enhance the effectiveness and discipline of internal audit, supporting you in building a systematic risk management framework, robust internal controls and governance mechanisms. Our ability to innovate and customise solutions will enable you to navigate through complex operational areas, allowing you to gain significantly enhanced value from the internal audit function. Services we offer include:
- Design of Internal control and evaluating effectiveness
- Fraud detection assignments
- Operational quality review
- Process efficiency review
- Regulatory compliance review
05 . Business Process Outsourcing (BPO)
Outsourcing lead to minimize overhead cost and maximize productivity which creates opportunity for top management to focus mainly on strategy and core business activities.
Our outsourcing services will be tailored to your needs. We always make it our first objective to get to know our clients well to understand their business, objectives and aspirations. Guaranteed, high-quality performance and strict professional standard of all our work coupled with strict confidentiality. CavialReeds offers its services to companies dealing in healthcare, technology, retail, energy, telecom, finance and accounting, human resources.
- Data Entry
- Budget
- Account Payables
- Account Receivables
- Bank Reconciliation
- Accounting Close Process
- Management Reports
06 . Business Analytics
We are having an information technology arm specially for Management Information System (MIS) /Data Analysis and Digital solutions. We believe there is an increasing demand for MIS and dashboards development that can be used as a value-added service for existing Accounting / Enterprise Resource Planning (ERP) systems specially with Quick book /SAP etc. We also understand changing market dynamics towards e-commerce and online applications including cloud-based analysis, excel /excel 365 / Google sheet /power BI Etc in the SMEs sector.
| Our Key Offerings: |
- Interactive Dashboards and Web based Business Intelligence (BI) tools
- Business analytics / Big data analysis with analytical tool
- MAPPS –Mobile App Development
- Customized software solutions
Our Vision
Be the most trusted and
sought-after service provider.
Our Mission
Provide high quality accounting, tax advisory and management services to enrich clients’ diverse expectations
Our Services
Accounting Services
Tax Advisory Services
Business Valuation
Internal Audit – Risk Management & Compliance
Business Process Outsourcing (BPO)
Business Analytics
