Management reporting
Management outputs represent a powerful tool for monitoring the performance and financial health of every company. We participate in defining, planning and compiling these outputs. Depending on the type of company and the method of processing the accounts we offer a large number of reports (compiled in accordance with various accounting standards (CAS, IFRS, US GAAP, etc.), budgets, cash flow statements (statutory, direct and indirect method), monitoring of stock turnover, stock levels, personnel costs, etc.
Over and above the framework of regular reports we are also able to prepare reports whose presentational or functional currency is not the local currency (e.g. EUR, USD, GBP, etc.)
Using remote access the client can print out and edit any statement for themselves. To other clients we offer reports mainly compiled in MS Excel (designed either by ASB or the client).
Statutory reporting
A current trend in the organisation of the processing of accounting by international companies is the centralisation of accounts in shared service centres (SSC), where the accounts of local companies are processed in another country and often by means of different accounting standards.
In similar cases ASB analyses differences between the accounting standards used and local standards on the basis of documents supplied by an SSC, ensures the statutory compliance of the accounts and payroll agenda with valid legal regulations, and subsequently compiles a tax return and statutory statements, as well as other documents required by local commercial law (e.g. reports on relations, annual reports, approval of the financial statement, etc.).
In case of interest in our services, please don´t hesitate to contact us by e-mail asbprague@asbprague.com or by any listed contact.
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