Business, Risk Advisory and Reporting
To provide business entities with a complete one window solution for all types of business hiccups.
Financial Reporting
Debit/Credit Ledger
It will be our responsibility to maintain debit and credit ledger and analysis thereof. Our team will be making entries in accounting software after getting respective reports from you within one week. Our team will on regular basis analyze ageing analysis and will report finding to you both as a summary and detail report. We will be maintaining following ledgers on your behalf:
a. Purchase Ledger
b. Sales Ledger
c. Inventory Ledgers
d. Expenses Ledger
e. Other Income Ledgers
Financial Statement
Financial statements are written records that convey the financial activities and conditions of a business or entity and consist of four major components. Financial statements are meant to present the financial information of the entity in question as clearly and concisely as possible for both the entity and for readers. Financial statements include income statements, balance sheets, and cash flows. We will be provide you following on monthly basis:
a. Balance Sheet
b. Income Statement
c. Cash flow Statement
Accounting Software Development
We will choose best accounting software for your organization after considering all needs of your industry and will ensure it will be catering all of your business aspects. Accounting software will help you in automation of following areas:
a. Invoicing and Debtor Ledger with Aging Analysis
b. Purchases and Creditor Ledger with Aging Analysis
c. Inventory Ledger and Ageing Analysis.
d. Vendor Planning and Selection
e. Approved Price Listings and its Variances
f. Expenses Ledger g. Revenue Ledgers
h. Fixed Assets Register i. Cash and Bank Ledgers
Business, Risk, Transaction advisory & Financial Reporting
Sultan & Sultan transaction specialists stand ready to help your company enhance the execution and minimize risk of complex transactions. Our seasoned professionals will work side-by-side with you and help you navigate through all business complicated process. Financial reporting referred to as sustainability reporting, enables businesses to be transparent in communicating financial aspects to their management and performance. Sultan & Sultan will be deploying robust control covering all aspects of financial reporting. Controls. We will be identifying the business controls and the deviation in the business controls. If there are no business controls, suggesting the same to the stakeholders. Sultan & Sultan will provide for the following areas to be controlled so that cost saving can be done and the business process and be made efficient, below are the some areas of interest to you:
Audited Finanical Statement
A financial audit involves the verification of the financial statements by an auditor. The aim of the audit is to verify that the financial statements have been made properly and meet the criteria set out in the Accounting Standards. The auditing of financial statements provides so many benefits that it can be worthwhile even if the entity has no legal obligation to do so An audit can tell you for certain that a company’s financial situation is actually as it is described in the accounting documents. In the case of any irregularities identified during the audit process, corrective actions can be taken before any errors manage to cause serious consequences. These could be very costly in the case of an inspection being conducted by the FBR. In many situations, the audit of financial statements reveals irregularities that are difficult to identify by other methods. By enabling the detection of errors in the accounting books, an audit allows you to see if the financial strategy of the company is being carried out according to plan. If it is not, it can indicate the weak points and areas that require action. The auditor also evaluates the effectiveness of internal control systems and suggests changes to eliminate any weaknesses.