• Chennai


 
Accounting & Back Office Operations
 
At Gayathri Thiruvengadam & Associates, we offer a comprehensive range of Accounting and Back Office Operations services to help organizations streamline their financial management and enhance operational efficiency. Our services are designed to support both local and international clients in maintaining accurate, up-to-date accounting records while ensuring the highest level of confidentiality and compliance with regulatory standards.
 
Our Accounting Services Include:
1. Accounting System Design & Implementation:

  • Development and implementation of customized accounting systems tailored to the specific needs of your organization.

  • Assistance in selecting and integrating accounting software that enhances financial management and reporting capabilities.


  • 2. Financial Accounting / Bookkeeping:

  • Comprehensive bookkeeping services to maintain accurate financial records.

  • Management of daily accounting transactions, ensuring accuracy and compliance with applicable accounting standards.


  • 3. Consolidation of Accounts:

  • Expertise in consolidating financial statements across entities and branches, providing a unified view of your organization’s financial position.

  • Preparation of consolidated accounts for multi-entity and multi-branch organizations, ensuring compliance with relevant accounting standards.


  • 4. Monthly Closing Activities:

  • Management of monthly closing processes, including reconciliation of accounts, accruals, and adjustments.

  • Preparation of month-end financial reports and analysis to support effective decision-making.


  • 5. Preparation and Finalization of Financial Statements / Financial Reporting:

  • Preparation of comprehensive financial statements, including balance sheets, income statements, and cash flow statements.

  • Finalization of financial reports in accordance with Indian Accounting Standards (Ind AS), IFRS, and US GAAP.


  • 6. Budgeting:

  • Assistance in preparing and monitoring budgets, helping organizations plan and control their financial resources effectively.

  • Development of budgeting models and forecasts to support strategic planning and financial management.


  • 7. MIS (Management Information System) Reports:

  • Preparation of customized MIS reports that provide valuable insights into financial performance and operational efficiency.

  • Regular reporting to aid management in strategic decision-making and performance evaluation.


  • 8. Financial Analysis:

  • In-depth financial analysis services to evaluate your organization’s financial health and identify opportunities for improvement.

  • Support in interpreting financial data to inform strategic business decisions and enhance profitability.


  • 9. Asset Accounting Management:

  • Comprehensive asset accounting services, including tracking and management of fixed assets and asset registers.

  • Assistance in maintaining accurate records of asset acquisitions, disposals, and transfers.


  • 10. Depreciation and Amortization Schedules:

  • Preparation of detailed depreciation and amortization schedules in accordance with relevant accounting standards.

  • Advisory on optimizing depreciation methods to minimize tax liabilities and enhance financial reporting.


  • 11. Selection of Appropriate Accounting Policies:

  • Guidance on selecting and implementing appropriate accounting policies to ensure compliance and enhance financial reporting.

  • Advisory on transitioning to IFRS, US GAAP, or other relevant accounting frameworks.


  • Why Choose Gayathri Thiruvengadam & Associates for Accounting & Back Office Operations?

  • Expertise Across Accounting Standards: Our team has extensive experience in Indian Accounting Standards (Ind AS), IFRS, and US GAAP, ensuring your financial statements are compliant with the relevant standards.

  • Customized Solutions: We provide tailored accounting solutions to meet the specific needs of each client, whether local or international.

  • Confidentiality and Data Security: We prioritize the confidentiality and security of your financial data, maintaining the highest standards of data protection.

  • Value-Added Services: Our MIS reports and financial analysis services provide valuable insights that empower management in their decision-making processes.

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